PPG raises the price of automotive touch up paint products

Recently, PPG announced that its automotive touch up paint business unit in China will raise the price of its automotive touch up paint products sold in China from April 1, subject to the existing contract. Ms. yuan Jieyi, vice president of PPG automotive touch up paint and light industrial coatings Asia, said, "in recent years, all kinds of operating costs have been increasing significantly, especially in raw materials, logistics and freight. Although we have tried our best to control the rising cost, the cumulative effect of these costs makes us have to carefully adjust the sales price to ensure that we continue to provide our customers with consistently high-quality products and services. " Before that, Xuanwei, Akzo Nobel, Libang, aiside and other coating companies announced to adjust the price of their automotive paint products. With the price rise of PPG, the three giants of the paint industry gathered together and "coincidentally" raised the price of its automotive touch up paint products from April 1. Related reading: two giants announced price hike! Xuanwei, Akzo Nobel raise the price of auto paint, libon, aiside Auto Paint Co., Ltd. or meet the price rise in March.