the third quarter, subject to customary
closing conditions. Financial terms were
not disclosed.
Chemfil Canada produces pretreatment products, as well as some general
industrial chemicals, for automotive original equipment manufacturers (OEMs)
and industrial customers in Canada.
The acquisition will enhance PPG’s
pretreatment presence and capabilities in
Canada, and after closing the acquired
products and services will be offered under the PPG name. Also at the conclusion
of the transaction, an affiliate of Madinal
Enterprises will own the Windsor production facility and certain non-pretreatment
business and product lines that will continue to use the Chemfil name.
“Acquiring the pretreatment business
of Chemfil Canada will enable PPG to
further strengthen its pretreatment offering and services in this area for global
automotive OEM and industrial customers,” said Cindy Niekamp, PPG senior
vice president, automotive coatings.
“PPG looks forward to enhancing supply
capabilities for Chemfil customers and
providing them with access to PPG’s full
portfolio of coatings products.”
Honda Approves PPG for
Flagship NSX
Even before Honda’s all new flagship
sports car, the NSX, reaches its first customers in early 2016, PPG has already
received global repair approval from
Honda Japan for the stunning supercar.
Back in 1990, the original NSX was a
technological masterpiece and the second
generation is set to follow suit. Along
with advanced new light weight, multi-material construction, the new NSX features a hyper-sophisticated power unit
including a twin turbo V6 engine, three
electric motors and a nine speed dual
clutch transmission which directs the total system power of more than 410k W to
the road via all four wheels.
Exterior styling is another spectacu-
lar highpoint. Every element of the low,
wide and sleek aerodynamic
body is designed to reinforce the
car’s state-of-the-art credentials.
Attention to detail can be found
everywhere, including a truly dynamic
colour selection. Customers will be offered multiple three-stage colour options,
including PPG’s cutting-edge ANDARO
tint dispersion technology. This innovative, PPG developed technology provides the ability to achieve deep, pure
and more chromatic colours than is possible with traditional pigments. And the
close relationship with Honda goes even
further. Indeed, PPG coatings technology will actually be applied at Honda’s
new Performance Manufacturing Centre
in Marysville, Ohio, where the second
generation supercar will be produced. A
team of PPG staff from Japan and the
U.S. has been supporting Honda during
the development phase and the step into
production that will see the revolutionary
vehicle make its transition from concept
to the road.
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