News

PPG Increasing Prices on Industrial Coatings

Order Reprints

Dec. 4, 2018—PPG said it will raise prices by 10 percent on all of its industrial coatings products effective Jan. 1, according to a report by the Pittsburgh Post-Gazette.

The company said it has faced higher costs for raw materials, transportation, energy and labor. In October, PPG cited those issues among the reasons it missed third-quarter earnings projections.

Earlier this year the company announced price increases of 8 percent to 10 percent on its packaging coatings and 10 percent on automotive coatings. PPG’s industrial coatings are used for appliances, consumer electronics, heavy equipment, auto parts, and other applications.

Related Articles

Axalta to Increase Price on Industrial Coating Technologies

PPG Announces Global Price Increase

PPG Announces Price Increase for Precipitated Silica Products

You must login or register in order to post a comment.