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12-07-2009: PPG Industries’ fiber glass business announced that it is raising prices on all multi-end rovings by 5-10 cents per pound (US) effective Jan. 1, 2010, or as permissible by contract.
“The recession caused price erosion and unsustainable profit levels,” said Kevin McDonald, PPG general manager, fiber glass. “As the economy recovers, an increase in pricing is necessary to cover increasing raw material costs and justify the reinvestment to increase capacity to match demand.”
PPG’s price increase will affect all multi-end rovings.
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PPG Industries is a leader in its markets; is a streamlined, efficient manufacturer; and operates on the leading edge of new technologies and solutions. It is our vision to become the world’s leading coatings and specialty products and services company, serving customers in construction, co ... more
PPG Industries Netherlands B.V.
PPG Industries is a leader in its markets; is a streamlined, efficient manufacturer; and operates on the leading edge of new technologies and solutions. It is our vision to become the world’s leading coatings and specialty products and services company, serving customers in construction, co ... more
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