PPG Industries Expands Coatings Innovation Centre
PPG accomplished the development of
research center for paints and coatings business with an investment of USD7.8
million
United
States: PPG Industries,
a global US based chemical manufacturer, has accomplished the expansion of its
coatings innovation center in Allison Park, Pennsylvania, US with an investment
of USD7.8 million. The expansion of the innovation center involves addition of
laboratory, testing space, and equipment up gradation which would improve the
technical proficiencies of the company for the development of paints and
coatings. Additionally, expansion comprises renovations of the coatings
application center, area conversion for laboratories, and improvements of automotive
refinish training center. Revamped coatings application center would have two
robotic spray compartments with environmental controls for variable
temperature, humidity and airflow, in order to simulate the environments where
customers use the company's products. The additional laboratory space would be
utilized for manufacturing of adhesives, sealants and pre-treatment solutions
to house increased staffing and technically upgraded equipment.
TechSci
Research depicts that the expansion of innovation center would enlarge the
PPG’s paint and coatings portfolio and would enable the company to address the
growing customer demands for adhesives and sealants through its improved
technologies.
According to TechSci Research report “GCC Construction Chemicals Market By Type (Concrete Admixtures,
Waterproofing, Protective Coatings, Adhesives, etc.), By End User, Competition
Forecast and Opportunities, 2011 – 2021 – Saudi Arabia, UAE, Qatar, Kuwait,
Oman & Bahrain”, the construction chemicals market in the GCC countries is
projected to grow at a CAGR of over 7% during 2016 - 2021, due to rising
government spending on construction projects coupled with increasing
participation by private players in the real estate sector.