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PPG Announces 10 Percent Price Increase on Industrial Coatings Products

WFB Editors
Dec 3, 2018

PPG Industries Inc. (Pittsburgh) announced a 10 percent price increase on all of its industrial coatings products.

The price increase will go into effect Jan. 1, or as allowed by contract.

The company cited “unprecedented” costs of raw material, freight, energy and labor as reasons for the price hike.

“We continue to be diligent in offsetting costs and exercising cost-control measures across our supply chain to increase efficiency,” PPG Senior VP of Industrial Coatings Tim Knavish said in a statement. “Despite these efforts, we must modify our pricing to ensure that we can continue to deliver exceptional technical support and solutions to our customers.”

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