During PPG Industries’ recent capital markets meeting with financial analysts and investors, Charles F. Kahle II, chief technology officer, announced that the company has undertaken a strategic initiative with multiple global suppliers to secure and enhance its supply of titanium dioxide, as well as add to the global supply of the raw material.
“Escalating and volatile pricing for titanium dioxide has been an important issue for PPG,” Kahle said. “PPG possesses intellectual property and expertise in the production and finishing of titanium dioxide pigment, and we intend to leverage this and engage with potential partners to develop innovative supply solutions.”
According to Kahle, PPG previously manufactured chloride titanium dioxide at its Natrium, WV, chemicals plant. He said that PPG anticipates the initiative may include technical collaborations, joint ventures, licensing, technical assistance opportunities or other strategic commercial initiatives.
For more information, visitwww.ppg.com.
PPG Announces Initiative to Leverage Titanium Dioxide Supply
December 21, 2011