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PPG and Alpha have signed a definitive agreement under which the former will take over the powder coatings manufacturing firm. The transaction of the deal is scheduled to close this year.
PPG’s acquisition of Industria Chimica Reggiana (ICR) is expected to strengthen its current product line for the automotive refinish and light industrial coatings industries. ICR has a presence in 70 plus countries across the globe.
PPG plans to increase its precipitated silica production capacity at Delfzijl, Netherlands, by an additional 15,000 tons per year. The expanded capacity will be used to manufacture performance silica products. worldwide.
PPG and Henan Billions Chemical complete the Henan Billions’ titanium dioxide (TiO2) manufacturing and research facility in the Henan Province of China. The facility is scheduled to go on–stream in 2015 to manufacture significant volumes of TiO2 using a chloride-based process.
PPG industries offers US $ 2.3 billion for Comex, a Mexico based producer of coatings. This acquisition could give the American industry group a stronger foothold in South and Central America as well as in Spain, industry insiders say.
American coatings and specialities manufacturer PPG builds a new manufacturing site in Lipetsk, Russia, 400 kilometers southeast of Moscow. The new US $ 60 million project includes manufacturing facilities as well commercial operations...