PPG announces global distribution agreement with HI-TEMP Coatings Technology
PPG protective and marine coatings business enters multi-year strategic partnership
PITTSBURGH, July 2, 2012 – PPG Industries’ (NYSE:PPG) protective and marine coatings business (PMC) has signed a global distribution agreement with Hi-Temp Coatings Technology Co. for select HI-TEMP(R) branded products. Hi-Temp Coatings Technology manufactures industry-leading coatings that withstand extreme temperatures to protect both carbon steel and stainless steel substrates in stacks, piping, boilers and similar equipment.
Hi-Temp coatings products are used widely in refineries, petrochemical plants, pulp and paper mills, and power plants. Some products in the coatings line may be applied while equipment is hot and running, and some help prevent corrosion under insulation (CUI) on surfaces that will be insulated after being coated.
“PPG is proud to help protect many of the world’s most important assets, and we are happy to add Hi-Temp coatings to our product offering,” said Tom Mauck, PPG vice president, protective and marine coatings. “Working with Hi-Temp Coatings Technology enables us to offer global customers additional high-quality options to meet more of their coatings needs.”
Fred Zupicich, CEO and founder of Hi-Temp Coatings Technology, said, "We look forward to working with PPG in a global, long-term partnership. It will enable both companies to better serve clients throughout the global marketplace.”
The Hi-Temp coatings products PPG will distribute globally complement core PPG PMC offerings such as AMERCOAT(R), PITT-CHAR(R) and SIGMA COATINGS(R) brand products.
PPG is a world leader in protective and marine coatings, with products protecting customers’ energy, infrastructure and marine industry assets in some of the world’s most demanding conditions and environments. Featured lines include the Amercoat, Pitt-Char and Sigma Coatings brands. For more information, visit www.ppgpmc.com.
About Hi-Temp Coatings Technology
Established in 2001 and based in Acton, Mass., Hi-Temp Coatings Technology is a leading supplier of high-temperature coatings such as topcoats, coatings for under insulation and insulative products. For more information, visit www.hitempcoatings.com.
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries' vision is to continue to be the world’s leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 60 countries around the world. Sales in 2011 were $14.9 billion. PPG shares are traded on the New York Stock Exchange (symbol:PPG). For more information, visit www.ppg.com.
Bringing innovation to the surface is a trademark and Amercoat is a registered trademark of PPG Industries, Ohio, Inc.
Sigma Coatings is a registered trademark of PPG Coatings Nederland B.V.
Pitt-Char is a registered trademark of PPG Architectural Finishes, Inc.
Hi-Temp is a registered trademark of Hi-Temp Coatings Technology Company, Inc.
PPG Protective and Marine Coatings