MOSCOW (MRC) -- PPG announced an investment of USD2.7 mln to expand its powder coatings manufacturing capabilities at its facility in Sumare, in the Brazilian state of Sao Paulo, said the company.
The project will increase the plant’s production capacity for powder coatings by approximately 40%, beginning in the third quarter of 2022.
The site expansion will include new equipment that will help to further PPG’s distribution of powder coatings, a highly sustainable product offering with enhanced durability, transfer efficiency and the ability to be reclaimed or reused during application. The investment aligns with PPG’s goal to have 40% of its sales by 2025 from sustainably advantaged products, while also increasing production capacity to meet growing customer demand in Brazil and other South American countries.
"PPG is a leader in providing solutions that optimize processes for our customers," said Marizeth Carvalho, PPG general manager, industrial coatings, Americas. “The expansion of our Sumare site reinforces our commitment to grow, share knowledge, develop our workforce and bring innovative, sustainable solutions to the marketplace."
The Sumare plant serves the home appliance, agriculture, transportation and general finishing industries, which encompass steel furniture, storage structures, gym equipment, electrical panels and power transformers.
Powder coatings are one of the fastest growing coating technologies due to their sustainability benefits and excellent performance properties. Powder coatings do not release solvents given their low-VOC nature and are fully reusable, meaning paint that is not deposited on a substrate during application returns to the paint system to reduce waste. In an ongoing commitment to sustainable innovations that exceed customer needs, PPG is investing in powder capabilities across the globe.
As it was written earlier, PPG announced an expansion of its coatings manufacturing capacity in Europe for packaging applications. The investments at sites in The Netherlands and Poland will support growing customer demand in the region for the latest generation of coatings for aluminum and steel cans used in packaging for beverage, food and personal care items. Financial details related to the expansions were not disclosed.
PPG Industries announced it will acquire Worwag (Stuttgart, Germany), a producer of liquid, powder and film coatings for industrial and automotive applications. Terms of the transaction, including purchase price, have not been disclosed. The deal is expected to close in the first half of this year.
MRC