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PPG Implements Global Price Increase of up to 20%
The US-based coatings manufacturer has begun raising prices across its entire portfolio of paints, coatings and specialty products, citing volatility in petrochemical, energy and transportation markets.
PPG has announced a global price adjustment across its paints, coatings and specialty products portfolio. According to the company, the move is a response to a rapidly evolving global cost environment that has affected the wider coatings value chain in recent weeks.
The manufacturer points to significant volatility and supply constraints in the global petrochemical, energy and transportation markets, which it says are driven by factors outside the control of individual suppliers or manufacturers. As a result, costs for raw materials, energy, logistics and packaging have risen across the industry.
Increases of up to 20 per cent
To safeguard continuity of supply and service for customers worldwide, PPG has begun implementing price increases of up to 20 per cent across all product lines and services. The adjustments are being applied on a customer-by-customer basis or as existing contracts allow. The company indicated that certain product categories, technologies and regions may require higher price adjustments to fully offset current cost inflation, and that further increases may follow should market conditions continue to evolve.
“Our top priority remains supporting our customers with consistent quality, dependable supply and technical expertise, even as market conditions remain highly dynamic,” said Tim Knavish, PPG chairman and chief executive officer. “This pricing action allows us to ensure availability of supply as we navigate unexpected and increased cost pressures.”
Mitigating supply disruptions
PPG stated that its global sourcing, manufacturing and logistics teams are drawing on the company’s diversified production footprint and supplier network to mitigate disruptions and maintain service levels.
The company, which is headquartered in Pittsburgh, markets and sells in more than 50 countries and reported net sales of 15.9 billion US dollars in 2025. It serves customers in the construction, consumer products, industrial and transportation markets, as well as in the aftermarket sector.
More information: www.ppg.com