PPG named ‘Best Supplier’ by two customers in China
GAC GONOW, RUNNER (NINGBO) INDUSTRIAL CORPORATION honor PPG
TIANJIN, China, Jan. 31, 2011 – PPG Industries (NYSE:PPG) has been named “Best Supplier” by both GAC GONOW and RUNNER (NINGBO) INDUSTRIAL CORPORATION in China. This recognition demonstrates PPG’s leadership in the coatings industry and appreciation of the company's first-class service.
GAC GONOW, a car manufacturer, is a joint venture established by GAC Group and GONOW Auto Group. PPG mainly provides original-equipment mid coat, topcoat and bumper coatings, and the two companies are negotiating to add electrocoat to the products supplied. At GAC GONOW's Annual Supplier Conference, PPG stood out from 400 competitors to be honored as “Best Supplier.”
RUNNER (NINGBO) INDUSTRIAL CORPORATION is a branch of RUNNER Group, a major bathroom facilities manufacturer in mainland China. It specializes in the development and production of hardware, rubber and plastics, which it supplies to many industrial companies, particularly those outside of China. At present, PPG provides electrocoat for the company’s main product, hardware used in central air-conditioning vents. Additionally, RUNNER (NINGBO) INDUSTRIAL is the first customer in China to adopt PPG’s white cathodic acrylic electrocoat for air-conditioning vents. More than 400 representatives from more than 200 enterprises gathered at the 2010 RUNNER (NINGBO) INDUSTRIAL CORPORATION’s Annual Supplier Conference. Among many providers of high-quality products and services, PPG was named “Best Supplier.”
“PPG strives to deliver outstanding performance, to improve the competitiveness of end-use products and to create ‘win-win’ situations with all its customers,” said Wang Hua, commercial director of general industrial coatings, PPG China. “Being named ‘Best Supplier’ by these two companies reflects confidence and trust in PPG’s products and services.
“PPG is also dedicated to promoting sustainable development, and we continue to seek new ways to deliver environmentally-responsible products and processes while focusing on corporate growth for PPG and our partner companies,” Mr. Hua added. “We are proud to be seen by our customers as important collaborators in their operations.”
PPG continues to expand its investment in China, with an emphasis on low-carbon products and technologies. It completed phase I of the expansion of its waterborne coatings facility in Tianjin in May 2010. In addition, the company is investing US$10 million in phase II of the expansion project, expected to be completed this year. In 2008, PPG opened its Wuhu Automobile Coatings plant, serving auto manufacturers in Eastern, Southern and Central China. In October 2009, PPG established its first Chinese resin plant in Zhangjiagang, Jiangsu province, which supplies automotive and industrial customers with environmentally-responsible electrodeposition resins.
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG operates in more than 60 countries around the globe. Sales in 2010 were $13.4 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.
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