|
|
|
|
Fiber Glass > default
 |
|
|
PPG Industries’ fiber glass business announced today it is raising prices effective May 1, or as permissible by contract, for products in the Americas.
“Rising costs for energy, transportation, raw materials and precious metals create an economic hardship for our business and our industry that is affecting our ability to reinvest for the future,” said Greg Benckart, PPG general manager, fiber glass. “PPG has invested significant capital to support the industry, with furnace rebuilds in our wholly-owned assets as well as new capacity in Asia. While we want to continue to invest in technology and capacity, we find ourselves in a position where current economics will not justify these necessary investments.”
PPG’s price increases will affect all reinforcements for thermoset and thermoplastic resins as well as yarn products. Sales representatives will communicate price-increase details to their customers in these markets.
Read the full story.
|
Next Feature 
|
PPG Fiber Glass - Unlocking PotentialPPG Fiber Glass is an industry leader serving customers worldwide through nine manufacturing sites and a network of local sales and technical-support professionals. As part of PPG Industries - also a global supplier of coatings, glass and chemicals - we offer broad capabilities and solutions to help customers unlock their potential.
|
|
|
|
|
|
|
|
News
|
|
|
|
|
|