PPG to hike prices on its liquid, powder
and electrocoat products in Asia Pacific
PPG Industries’ industrial coatings business
is raising prices by an average of two to 10
percent on all its liquid, powder and electrocoat (E-coat) products in the Asia Pacific
region, effective April 1 or as permissible by
contract. “We have experienced ongoing
and significant cost escalation for a majority of our raw materials, especially titanium
dioxide (TiO2) and resins,” said Willie Wu,
PPG vice president, industrial coatings, Asia
Pacific. “We will continue to implement
cost-control measures throughout our operations, and to aggressively negotiate pricing with suppliers, but the pressures we are
facing make this action unavoidable.”
Cytec increases prices of
powder resins, specialty resins
and additives
Cytec Industries Inc. and its affiliated com-
panies announced to its customers a selling
price increase on all powder coating resins—
Crylcoat powder resins; Additol powder
resins additives; Modaflow additives and
resins; and Uvecoat powder resins—sold in
North America and Latin America. The in-
crease is between US$0.10/lb - US$0.12/lb
and became effective for shipments on or
after April 1, 2012 or as contracts allow.
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