PPG Industries Inc

US-based PPG Industries Group intends to launch its coatings plant, built on a plot of 12 ha in the Lipetsk Industrial Special Economic Zone, in the fourth quarter of 2016.

The plant, requiring an investment of about RUB 2 billion, will have an annual capacity of over 25,000 tonnes.

21 December 2015

Pennsylvania-based coatings firm PPG Industries has launched a new plant in Acharnai and also plans to invest $60 million in a project for the commercial operation of its coating business in the Lipetsk area of Russia.

The investment in Greece includes administrative offices, customer training-centres and a spray application centre. In Lipetsk the project includes a plant and is expected to recruit more than 150 staff. It is scheduled to be completed in the second quarter of 2015.

12 December 2013
60.0 mln
Jobs: 150
Lipetsk region

Investor profile

PPG Industries Inc

Pennsylvania, USA

Company's website: https://www.ppg.com

T: +1 4124343131

Contact: Mr Charles E. Bunch, Chairman and CEO

PPG Industries is a coatings and specialty products and services company, serving customers in construction, consumer products, industrial and transportation markets and aftermarkets.