PPG Announces Global Price Increase on Industrial Coatings Products
PITTSBURGH — PPG announced that it will implement up to a 10% price increase on its industrial coatings products globally. The change will be effective Jan. 1, 2020, or as permissible by contract, and will apply to all industrial coatings end-use segments.
Chancey Hagerty, PPG Vice President, Global Industrial Coatings, cited key drivers for the increase, including the need to recoup significant inflation from the past few years and continuing increases among certain cost pools.