Contract includes AMERCOAT, PSX coatings for 110-ship global fleet
PITTSBURGH, Jan. 20, 2014 – PPG Industries’ (NYSE:PPG) protective and marine coatings (PMC) business was awarded a five-year contract by the U.S. Navy’s Military Sealift Command (MSC) to continue providing coatings, solvents and technical services to its global fleet of 110 ships.
Tim Knavish, PPG vice president, protective and marine coatings, said the contract extends PPG’s commitment to serving the U.S. Navy and other military services. “PPG is proud to provide products and services that deliver value and help protect this country’s most critical military assets,” he said.
PPG previously supplied coatings to MSC, but this contract is the first to include the PSX(R) brand of polysiloxane coatings. Also included are AMERCOAT(R) 240 epoxy coatings for external surfaces and tanks and SIGMAGLIDE(R) biocide-free foul release coatings, a system that enhances hull smoothness to increase fuel economy for ships and provide other operational and maintenance efficiencies.
Established in 1949, the MSC fleet comprises more than 20 classes of ships that provide transportation, combat logistics support and other specialized services to the Department of Defense.
PPG is a world leader in protective and marine coatings. Its products protect customer assets in some of the world’s most demanding conditions and environments, such as projects in energy, infrastructure and marine markets. PPG PMC features lines such as the Amercoatand SIGMA COATINGS(R) brands. For more information about PPG’s protective and marine coatings, visit www.ppgpmc.com/
PPG: BRINGING INNOVATION TO THE SURFACE.
PPG Industries' vision is to continue to be the world’s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
PPG Industries' vision is to continue to be the world’s leading coatings and specialty materials company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Net sales in 2013 were $15.1 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.
