22 April 2008
22 April 2008
PPG Industries’ fibreglass business is raising prices effective from May 1, or as permissible by contract, for products in the Americas.
“Rising costs for energy, transportation, raw materials and precious metals create an economic hardship for our business and our industry that is affecting our ability to reinvest for the future,” said Greg Benckart, PPG general manager, fibreglass. “PPG has invested significant capital to support the industry, with furnace rebuilds in our wholly-owned assets as well as new capacity in Asia. While we want to continue to invest in technology and capacity, we find ourselves in a position where current economics will not justify these necessary investments.”
PPG’s price increases will affect all reinforcements for thermoset and thermoplastic resins as well as yarn products. Sales representatives will communicate price-increase details to their customers in these markets.
Chomarat is developing its Coatings & Films business at its French sites. The Group has just acquired an extruder and a graining line to increase its production capacities and develop new, more efficient solutions, particularly in the field of TPO (polyolefin thermoplastics).
Group Rhodes, through its Rhodes Interform business, has developed a revolutionary new process that enables large monocoque components, particularly those produced by super plastic forming (SPF) from very thin material, to more accurately retain their shape on cooling.
Advanced composites solutions provider, TCS, and Brabham Automotive are pleased to announce a strategic partnership in advanced material and process development for current and future vehicle builds.