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PPG announces price increase


July 5, 2011
By PPG Industries

July 5, 2011 – PPG Industries’ industrial coatings business announced it is raising prices by an average of five to eight percent on all
its coil and extrusion coating products in North America, effective
September 1 or as permissible by contract.

“Raw material costs have risen dramatically during the first two quarters of 2011, and they are continuing to trend upward,” said Richard Zoulek, PPG general manager, industrial coatings, U.S. and Canada. “While PPG has implemented aggressive cost-control measures throughout its operations, these efforts have not sufficiently offset surging raw material costs, thus necessitating this price increase.”

Sales representatives will communicate price increase details to their customers for all products affected.

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