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PPG closes heat resistant coatings deal

10:47 AM MST | March 3, 2014 | Vincent Valk

PPG has closed its acquisition of Hi-Temp Coatings Technology (Boxborough, MA), a maker of high-heat resistant industrial coatings, the company says. Financial terms of the deal, which was announced early last month, were not disclosed. The acquisition will add to PPG’s product portfolio in protective and marine coatings. High-heat resistant coatings are common in refineries, petrochemical plants, pulp and paper mills and power plants, PPG...

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