Latin America. PPG announces $44 million investment to upgrade five powder coating manufacturing facilities in Latin America and the United States.
The projects are part of PPG's strategic efforts to expand its powder coating offerings and increase global production to meet growing customer demand for products with sustainable advantages.
PPG is a supplier of powder coatings to the automotive, general industrial, appliance, furniture and other key industries.
Together, the US$30 million investment for the U.S. plants and US$14 million for the facilities in Latin America are expected to increase overall capacity, add production capacities for agglomerated metal powders, improve processing times with automated packaging, and enhance capabilities to produce small products, medium and medium.
PPG expects to complete these total projects by the fourth quarter of 2023.
PPG is focused on increasing its powder coating capacity and capabilities. A key factor driving the rapid adoption of powder coatings is the growing interest in more sustainable solutions.
Powder coatings are usually formulated without solvents that release volatile organic compounds (VOCs) and in the application line, these coatings can be recovered and reused.
"Focusing on powder coatings is beneficial for PPG and our customers as we can offer greater access to products with sustainable advantages," said Marizeth Carvalho, PPG's global director of powder coatings, Industrial Coatings.
"Powder is the fastest growing coating technology in the world and PPG's goal is to lead that charge through innovation and advancements in production," he said.
"We continue to accelerate the growth of our powder coatings business to meet our customers' demand and improve their experience, wherever they are in the world," added Carvalho.
"These strategic expansions will provide greater access to new and existing products," he said.