PPG Announces Price Increase for Coil and Extrusion Coatings in North America
August 8, 2011

Pittsburgh-based PPG Industries' industrial coatings business has announced that it will raise prices by an average of 8 percent to 12 percent on all coil and extrusion coating products in North America, effective October 1 or as permissible by contract.

"The rate of raw material price inflation has been dramatic and sustained over the past 12 months, especially for titanium dioxide and resins used in paint products," says Richard Zoulek, PPG general manager of industrial coatings for U.S. and Canada. "PPG continues to implement aggressive cost-control measures throughout its operations, but these efforts alone cannot sufficiently offset the continued rapid rise in raw material costs, thus necessitating this price increase."

According to information from the company, sales representatives will communicate price increase details to their customers for all products affected.

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