PPG (NYSE:PPG) today announced that it is implementing price increases and surcharges to offset a significant rise in raw material costs. The price changes will impact packaging coatings products globally as contracts permit.
“The recent input cost increases are due to a number of factors, such as multiple supplier capacity constraints globally,” said Ken West, PPG vice president, packaging coatings. “We remain committed to providing leading products and services that can support our customers’ success and to working to control costs, where possible, within our business.”
Details of the price increases will be communicated directly to customers.
