PPG Industries intends to acquire high-temperature coatings supplier

February 12, 2014 , the U.S. city of Pittsburgh - PPG Industries, Inc. : (. Hi-Temp Coatings Technology Co) ( NYSE PPG) today announced that it has acquired American Hi-Temp Coatings Technology's vast some assets reached a final agreement. Hi-Temp Coatings is a private enterprise and the supply of high temperature insulation coatings, headquartered in Massachusetts Boxborough. After trading practices to meet the conditions of the transaction is expected to be completed in the first quarter of this year. The two sides did not disclose financial details of the transaction.Sellotape

Hi-Temp is a global supplier of high temperature coatings , paint products which can withstand extreme heat , can be used to protect steel and stainless steel substrates. The company's products are widely used in the paint business steel mills, petrochemical plants , paper mills , power plants and so on. Its flagship product , under the industry-leading anti-corrosion insulation (CUI) paint HI-TEMP ® 1027, construction of the device can be hot or running, thereby reducing equipment downtime and maintenance periods.Washi tape


Tim Knavish , PPG vice president, protective and marine coatings business , said: "We are looking forward to the Hi-Temp coatings integrated into PPG 's product line Hi-Temp PPG unique technology will bring multiple growth opportunities , especially for . petrochemical industry . incorporated under the Hi-Temp insulation layer after anti-corrosion coatings , PPG 's paint a more complete product range , thereby providing more high- quality paint solutions and better meet customer needs . "Masking tape


PPG is a global leader in protective and marine coatings supplier in a variety of the most demanding environmental conditions to provide reliable protection for customers' energy , infrastructure and marine assets. Our main product lines include AMERCOAT ®, PITT-CHAR ® and SIGMA COATINGS ® and other brands.Wholesale masking tape