MILAN–(BUSINESS WIRE)–March 17, 2022–
PPG (NYSE: PPG) today announced the opening of its new European Powder Coatings Research and Development (R&D) Center in Milan, Italy. The facility’s expanded capabilities, which include a customer application center, will enhance and accelerate powder coatings product development. Financial details of the investment were not disclosed.
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PPG announced the opening of its new Central European Powder Coatings Research and Development Center in Milan, Italy. The facility’s expanded capabilities, which include a customer application center, will enhance and accelerate powder coatings product development. (Photo: BusinessWire)
The R&D center will focus on developing innovative powder coating products, demonstrating advanced powder coating technologies, and providing top-notch customer and technical support. The Milan plant is a European hub for cross-technology research and development, hosting laboratories for other businesses that include automotive OEM and refinish coatings.
“The new powder coatings R&D center has a critical mass of capabilities that will significantly enhance our product development and application efforts,” said Olivier Magnin, PPG Technical Director, Industrial Coatings, Europe, Middle. -East and Africa (EMEA). “We can also leverage on-site skills, including our corporate color group, our global center of excellence for waterborne coatings and our state-of-the-art analysis and weathering laboratory. technology, as One PPG.”
PPG is a leading supplier of powder coatings to the automotive, transportation, appliance, furniture and other markets. The company has expanded its business with its 2020 acquisition of Alpha Coating Technologies, which manufactures powder coatings for light industrial applications and heat-sensitive substrates, and its 2021 acquisition of Wörwag, which manufactures liquid coatings, powder and film for industrial and automotive applications. PPG recently agreed to acquire Arsonsisi’s powder coatings business, including a manufacturing facility in Verbania, Italy.
“The investment in our Milan factory demonstrates our long-term commitment to delivering new powder coating technologies to exceed our customers’ expectations,” said Anne Banuls, PPG Powders Business Manager, Industrial Coatings, EMEA . “The Customer Application Center will include a design and color showroom where we can truly inspire our customers and help us further accelerate the growth of our powder coatings business.”
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At PPG (NYSE: PPG), we work every day to develop and deliver the paints, coatings and materials our customers have trusted for nearly 140 years. Through our dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. Headquartered in Pittsburgh, we operate and innovate in more than 75 countries and had net sales of $16.8 billion in 2021. We serve customers in the construction, consumer products, markets industrial and transportation and secondary markets. To learn more, visit www.ppg.com.
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PUBLISHED: 03/17/2022 08:00 / DISK: 03/17/2022 08:02
Copyright BusinessWire 2022.