PPG Completes $5 Million Expansion of Wuppertal, Germany, Coatings Plant
By Business Wire News
By Business Wire News
PPG Industries (NYSE:PPG) today announced the completion of a $5 million expansion at its coatings manufacturing facility in Wuppertal, Germany. The project added equipment to existing buildings on the campus, supporting up to a 35 percent increase in annual production capacity of environmentally sustainable waterborne coatings for automotive and industrial applications. The facility, which employs more than 190 people, plans to hire employees to manage the increased capacity.
The additional capacity will enable PPG to meet increasing demand for its waterborne coatings by automotive manufacturers and industrial customers in the region. Waterborne coatings use water as a base instead of the chemical solvents used in traditional coatings. In addition to a heightened focus throughout Europe on using sustainable products and practices, waterborne-coatings demand is being driven by adoption of compact-paint-process technologies by automotive manufacturers in Europe. Compact paint processes reduce the number of steps needed to paint a vehicle, enabling manufacturers to reduce energy used during the process and downsize the space required for the paint process in a manufacturing facility.
“Waterborne coatings offer manufacturers a more sustainable alternative to typical solvent-based coatings by reducing volatile organic compounds,” said Jean-Marie Greindl, vice president, automotive original equipment manufacturer (OEM) coatings, Europe, Middle East and Africa (EMEA), and president, PPG EMEA. “PPG has been at the forefront of this technology throughout its evolution and holds a leading position in this segment in Europe.”
PPG: BRINGING INNOVATION TO THE SURFACE.™
PPG Industries’ vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and color, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.
PPG Corporate Communications, EMEA
Ken Armistead, +44 1924 354848
PPG Corporate Communications
Mark Silvey, 412-434-3046
PPG Investor Relations
Scott Minder, 412-434-3466