echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > Rubber Plastic News > Completion of the acquisition of the Arsonsisi powder coatings production business

    Completion of the acquisition of the Arsonsisi powder coatings production business

    • Last Update: 2023-01-30
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    Pittsburgh, USA, April 8, 2022 – PPG (NYSE: PPG) today announced that it has completed the acquisition of the powder coatings manufacturing business of Arsonsisi, an industrial coatings company based in Milan, Italy
    .
    Relevant financial terms were not disclosed

    .

    As part of the deal, PPG will acquire Arsonsisi's powder production facility in Verbania, Italy, which is highly automated and has both low- and high-volume powder production capabilities
    .
    In addition, PPG will have metal powder-bound coatings capacity in the Europe, Middle East and Africa (EMEA) region

    .
    In 2021, Arsonsisi's powder coatings business will generate sales of approximately $15 million

    .

    Powder coatings are sustainable products with low VOC emissions, high durability, high coating efficiency, and the ability to be recycled and reused during application
    .
    Always committed to sustainable innovation, PPG is investing heavily around the world to expand powder production capacity

    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.