PPG Marks Completion of $19 Million Waterborne Automotive Coatings Production Line In Wuhu, China
State-of-the-art facility to meet growing demand in China for
high-performance, eco-friendly coatings
WUHU, China--(BUSINESS WIRE)--
PPG (NYSE:PPG) today marked the completion of a new $19 million
high-performance waterborne and high-solids coatings production line at
its Wuhu facility in Anhui province, China. The new line enhances the
production and service capabilities of PPG’s automotive coatings
business for customers in China.
With the implementation in China of stricter environmental regulations,
automakers have increased the use of low-volatile organic compound
(low-VOC) coatings. The new line at PPG’s Wuhu plant adds production for
environmentally-friendly waterborne coatings to meet this need as well
as the growing overall demand by automotive manufacturers and parts
makers across China. The new topcoat manufacturing facility adds process
advancements and a higher degree of automation. In addition, storage
tanks added to the facility help reduce waste at the Wuhu plant.
“PPG’s high-performance waterborne and high-solids automotive coatings
enable our customers in China to meet environmental requirements while
improving the quality of their vehicles,” said Vincent Robin, PPG vice
president, automotive coatings, Asia Pacific. “With this added
manufacturing capability in Wuhu, we significantly enhance our ability
to serve our automotive customers across China.”
PPG established its Wuhu plant in 2008, to grow its manufacturing
footprint in China and supply automakers across the country.
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
At PPG (NYSE:PPG), we work every day to develop and deliver the paints,
coatings and materials that our customers have trusted for more than 130
years. Through dedication and creativity, we solve our customers’
biggest challenges, collaborating closely to find the right path
forward. With headquarters in Pittsburgh, we operate and innovate in
more than 70 countries and reported net sales of $14.8 billion in 2016.
We serve customers in construction, consumer products, industrial and
transportation markets and aftermarkets. To learn more, visit www.ppg.com.
Forward-Looking Statements
Statements in this news release relating to matters that are not
historical facts are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 reflecting PPG
Industries’ current view with respect to future events or objectives and
financial or operational performance or results. The forward-looking
statements contained herein include statements relating to the demand
growth for PPG Industries’ automotive coatings and the timing of and
expected benefits of the Wuhu, China, plant expansion. Actual events may
differ materially from current expectations and are subject to a number
of risks and uncertainties, including the ability of PPG Industries to
achieve the expected benefits of the expansion, and the other risks and
uncertainties discussed in PPG Industries’ periodic reports on Form 10-K
and Form 10-Q and its current reports on Form 8-K filed with the
Securities and Exchange Commission. Forward-looking statements speak
only as of the date of their initial issuance, and PPG Industries does
not undertake any obligation to update or revise publicly any
forward-looking statement, whether as a result of new information,
future events or otherwise.
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PPG Media:
China
Hunter Lee, 86 22 6620 6102
hunterlee@ppg.com
china.ppg.com
or
Mark
Silvey, +1-412-434-3046
Corporate Communications
silvey@ppg.com
Source: PPG