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Markets :: Specialty Chemicals :: Paints and Coatings
PPG to invest $60 million in industrial and performance coatings plant in Russia
9:40 AM MDT | September 30, 2013 | Natasha Alperowicz
PPG Industries plans to invest $60 million in a new manufacturing facility and commercial operation for its coatings businesses in the Lipetsk region of Russia, the company announced today. PPG anticipates project completion in the second half of 2015. The facility is expected to employ more than 150 people and manufacture a wide variety of industrial and performance coatings. The investment further demonstrates PPG’s commitment to growth in Europe, the Mideast, and Africa, the company says. PPG already has operations in Russia and supplies customers...
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