PPG to restructure Europe coatings, close plant

24 September 2008 15:55  [Source: ICIS news]

TORONTO (ICIS news)--US chemicals and coatings producer PPG Industries plans to restructure its coatings business in Europe with the closure of a plant in Geldermalsen, Netherlands, next year, it said on Wednesday.

 

Production from Geldermalsen, which employs 111 people, would be consolidated with PPG facilities in Amsterdam and Deurne-Borgerhout, Belgium, creating some 65 additional jobs at those sites, PPG said.

 

“Following our acquisition of SigmaKalon, we need to create one organisation for our protective and marine coatings business out of the two formerly independent groups and to reduce our overall capacity,” said Tom Mauck, PPG vice-president for protective and marine coatings.

 

“This initiative will better enable us to continue to be a valued supplier to our customers,” he said.

 

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By: Stefan Baumgarten
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