More news
- Vattenfall and BASF to partner on German offshore wind farms Nordlicht 1 and 2
- AkzoNobel Powder Coatings partners with coatingAI to explore new frontiers in sustainabili...
- PPG again earns Equality 100 Award in 2023 Corporate Equality Index, spotlighting 20 years...
- Arkema finalises the acquisition of its 54% stake in PI Advanced Materials
- BASF Research Press Conference 2023 – Chemistry and sustainability: A perfect match
PPG Industries has reached a definitive agreement to acquire all of the assets of Canal Supplies, Inc (CSI), a Panama-based privately owned distributor of protective and marine coatings to customers in Central America. The transaction is expected to close in Q2.
The acquisition will enhance access to PPG products for customers in Central America and specifically in Costa Rica and Panama, which are growth markets for both protective and marine coatings.
"PPG looks forward to continuing to build its supply networks throughout Central America and meet the growing demand for our products in Panama. The Panama Canal is an important regional economic hub for the industry,” said Tim Knavish, PPG Vice President, Protective and Marine Coatings.
