{"id":760442,"date":"2023-05-25T08:03:12","date_gmt":"2023-05-25T12:03:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-invests-44-million-to-boost-global-powder-production\/"},"modified":"2023-05-25T08:03:12","modified_gmt":"2023-05-25T12:03:12","slug":"ppg-invests-44-million-to-boost-global-powder-production","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-invests-44-million-to-boost-global-powder-production\/","title":{"rendered":"PPG invests $44 million to boost global powder production"},"content":{"rendered":"

<\/p>\n

PPG invests $44 million to boost global powder production<\/b><\/p>\n

Expanding capacity, capabilities at five plants in the U.S., Latin America<\/i><\/p>\n

PITTSBURGH–(BUSINESS WIRE<\/a>)–
\nPPG (NYSE: PPG) today announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. The projects are part of PPG\u2019s strategic efforts to expand its powder coatings offerings<\/a> and increase global production to meet growing customer demand for sustainably advantaged products.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230525005058\/en\/<\/a><\/p>\n

\"The<\/p>\n

The investment is part of PPG\u2019s efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. (Photo: Business Wire)<\/p>\n<\/div>\n

\nCollectively, the investment \u2013 $30 million for U.S. plants and $14 million for facilities in Latin America \u2013 is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated packaging, and enhance capabilities to produce small, medium and large batches. Enhancements and expansions are already completed or under way at powder production facilities in Brazil, Ind., Gainesville, Texas; Greensboro, N.C.; San Juan del Rio, Mexico; and Sumar\u00e9, Brazil. PPG expects to complete these total projects by the fourth quarter of 2023.<\/p>\n

\nSince 2019, PPG has focused on growing its powder coatings capacity and capabilities, making four strategic acquisitions and expanding production and service elements at seven sites across the globe. A key factor driving the rapid adoption of powder coatings is the growing interest in more sustainable solutions. Powder coatings are generally formulated without solvents that release volatile organic compounds (VOCs) and in the application line, these coatings can be reclaimed and reused.<\/p>\n

\n\u201cFocusing on powder coatings is a win-win for PPG and our customers as we are able to offer greater access to sustainably advantaged products,\u201d said Marizeth Carvalho, PPG global director, powder coatings, Industrial Coatings.\u201cPowder is the fastest growing coatings technology in the world and PPG\u2019s goal is to lead that charge through innovation and production advancements.\u201d<\/p>\n

\nPPG is a leading supplier of powder coatings to the automotive, general industrial, appliance, furniture and other key industries. It has an expansive global footprint with 21 powder manufacturing plants \u2013 seven with bonding capabilities \u2013 a powder resin plant, an R&D development center and a global center of excellence.<\/p>\n

\n\u201cWe continue to accelerate the growth of our powder coatings business to meet the demand of our customers and enhance their experience, wherever they are in the world,\u201d Carvalho said. \u201cThese strategic expansions will provide increased access to new and existing products.\u201d<\/p>\n

\nPPG is renowned for breakthrough powder coating innovations including PPG ENVIROCRON\u00ae High Transfer Efficiency (HTE)<\/a> and PPG Envirocron<\/i> Extreme Protection Edge<\/a>, and is one of the only global suppliers with expertise across all major coating technologies, including liquid, electrocoat, pretreatment and UV\/EB curable coatings.<\/p>\n

PPG: WE PROTECT AND BEAUTIFY THE WORLD\u00ae<\/strong><\/p>\n

\nAt PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers\u2019 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 $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com<\/a>.<\/p>\n

Envirocron,<\/i>the<\/i>PPG Logo and <\/i>W<\/i>e protect and beautify the world<\/i> are registered trademarks of PPG Industries Ohio, Inc.<\/p>\n

\nCATEGORY Industrial Coatings<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230525005058\/en\/<\/a><\/span><\/p>\n

PPG Media Contact:
\n<\/b>
Mark Silvey
\n
Corporate Communications
\n
silvey@ppg.com<\/a><\/p>\n

PPG Investor Contact:
\n<\/b>
John Bruno
\n
Investor Relations
\n
+1-412-434-3466
\n
jbruno@ppg.com
\n<\/a>
investor.ppg.com<\/a><\/p>\n

KEYWORDS:<\/b> Mexico Brazil United States South America Central America North America Latin America Indiana North Carolina Pennsylvania Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Machinery Sustainability General Automotive Automotive Environment Other Manufacturing Retail Chemicals\/Plastics Automotive Manufacturing Aerospace Manufacturing Home Goods<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
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The investment is part of PPG\u2019s efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

PPG invests $44 million to boost global powder production Expanding capacity, capabilities at five plants in the U.S., Latin America PITTSBURGH–(BUSINESS WIRE)– PPG (NYSE: PPG) today announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. The projects are part of PPG\u2019s strategic efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230525005058\/en\/ The investment is part of PPG\u2019s efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. (Photo: Business Wire) Collectively, the investment \u2013 $30 million for U.S. plants … <\/p>\n

Continue reading “PPG invests $44 million to boost global powder production”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760442","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nPPG invests $44 million to boost global powder production - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ppg-invests-44-million-to-boost-global-powder-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPG invests $44 million to boost global powder production - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PPG invests $44 million to boost global powder production Expanding capacity, capabilities at five plants in the U.S., Latin America PITTSBURGH–(BUSINESS WIRE)– PPG (NYSE: PPG) today announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. The projects are part of PPG\u2019s strategic efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230525005058\/en\/ The investment is part of PPG\u2019s efforts to expand its powder coatings offerings and increase global production to meet growing customer demand for sustainably advantaged products. 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