PPG Opens Powder Coatings Research, Customer Application Center in Milan

Rhea-AI Summary

PPG has launched a new European Central Powder Coatings Research and Development Center in Milan, Italy, designed to enhance product development in sustainable powder coatings. This facility features a customer application center and advanced capabilities, emphasizing PPG's commitment to innovation and customer support. While financial details remain undisclosed, the center will serve as a hub for cross-technology R&D and strengthen PPG's position in the powder coatings market, which includes prior acquisitions like Alpha Coating Technologies and Wörwag.

Positive

• The new R&D center enhances PPG's capabilities in developing sustainable powder coatings.
• The facility reinforces PPG's commitment to innovation and customer support.

Negative

• None.

Expanded facility will accelerate development of sustainable powder coatings

MILAN--(BUSINESS WIRE)-- PPG (NYSE: PPG) today announced the opening of its new European Central 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.

PPG has announced the opening of its new European Central 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: Business Wire)

The R&D center will focus on innovating powder coatings product development, demonstrating advanced powder technologies and providing best-in-class customer and technical support. The Milan facility 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 boasts a critical mass of capabilities that will significantly strengthen our product development and application efforts,” said Olivier Magnin, PPG technical director, industrial coatings, Europe, Middle East and Africa (EMEA). “We also can leverage competencies at the site, including our corporate color group, our global center of excellence for waterborne coatings, and our state-of-the-art analytical and weathering lab, as One PPG.”

PPG is a leading supplier of powder coatings to the automotive, transportation, appliance, furniture and other markets. The company expanded the 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 makes liquid, powder and film coatings for industrial and automotive applications. PPG recently agreed to acquire the powder coatings business of Arsonsisi, including a manufacturing plant in Verbania, Italy.

“The investment in our Milan facility demonstrates our long-term commitment to delivering novel powder coatings technologies to exceed our customers’ expectations,” said Anne Banuls, PPG powder business manager, industrial coatings, EMEA. “The customer application center will include a design and color showroom where we can really inspire our customers and help us further accelerate growth in our powder coatings business.”

Click here to learn more about PPG’s powder coatings.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for nearly 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 75 countries and reported net sales of $16.8 billion in 2021. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220317005093/en/

PPG Media Contacts

Mark Silvey

Corporate Communications

+1-412-434-3046

silvey@ppg.com

Andrew Wood

Corporate Communications, EMEA

+31 6 5121 6579

awood@ppg.com

www.ppg.com

Source: PPG

FAQ

What is the new facility announced by PPG in Milan?

PPG announced the opening of its European Central Powder Coatings Research and Development Center in Milan, Italy, aimed at enhancing product development for powder coatings.

What are the capabilities of the new PPG facility in Milan?

The Milan facility includes a customer application center and will focus on innovating powder coatings product development and advanced powder technologies.

How does the new R&D center impact PPG's powder coatings business?

The new R&D center aims to strengthen PPG's product development and application efforts in the powder coatings sector.

What previous acquisitions has PPG made to support its powder coatings business?

PPG acquired Alpha Coating Technologies in 2020 and Wörwag in 2021 to enhance its powder coatings offerings.