PPG Industries’ protective and marine coatings business is raising prices globally. This is as permissible by contract. This PPG price rise will come into effect shortly. Promain UK Limited distribute this paints UK wide.
“As economies recover from the global recession, prices for basic commodities such as copper are increasing at alarming rates,” said Thomas Mauck, PPG vice president, protective and marine coatings.
“Also, prices for epoxy and other processed raw materials that PMC uses are rising. This is to account for the high costs of basic commodities. Based on current information and conditions, we forecast these inflationary trends will continue during 2011.”