PPG to Build Automotive, Industrial Coatings Plant in Russia

PPG Industries says it has signed an investment agreement with the administration of the Kaluga Region, Russia to build a coatings plant near Moscow. The facility, which will be PPG’s first coatings plant in Russia, will produce automotive and industrial coatings. “The Russian economy is booming and automotive production is growing quickly,” says Bill Wulfsohn, senior v.p./coatings at PPG. There are seven new auto assembly plants currently in either the planning or construction phase in Russia, which are expected to come online within the next...

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