www.pcimag.com/articles/95741-ppg-raises-prices-on-architectural-coatings-posted-6-17-08
PPG Raises Prices on Architectural Coatings - Posted 6/17/08
June 17, 2008
PPG Industries Inc.’s architectural coatings unit will raise prices for the second time in less than three months. The company cited rapidly rising raw material and energy costs as the reason for the price increases, which will take place during the third quarter across all distribution channels.
PPG Industries Inc.’s architectural coatings unit will raise prices for the second time in less than three months. The company cited rapidly rising raw material and energy costs as the reason for the price increases, which will take place during the third quarter across all distribution channels.
"We have been extremely aggressive in reducing controllable, internal costs, but these measures cannot sufficiently offset the continuing market-driven inflationary pressures," Architectural Coatings Vice President Scott Sinetar said in a statement.
For more information, visit www.ppg.com.
PPG Industries Inc.’s architectural coatings unit will raise prices for the second time in less than three months. The company cited rapidly rising raw material and energy costs as the reason for the price increases, which will take place during the third quarter across all distribution channels.
"We have been extremely aggressive in reducing controllable, internal costs, but these measures cannot sufficiently offset the continuing market-driven inflationary pressures," Architectural Coatings Vice President Scott Sinetar said in a statement.
For more information, visit www.ppg.com.
