PPG Industries has acquired certain assets of Eldorado Chemical Co., Inc., a manufacturer of paint strippers and technical cleaners for the aerospace industry.
“Eldorado’s products complement PPG’s coatings aftermarket business, enabling us to offer a full line of airplane repainting products,” said J. Rich Alexander, senior vice president, coatings. “As a result, we can simplify the repainting process for the commercial and military maintenance markets. In addition, Eldorado’s peroxide-activated technology is the world leader in environmentally friendly paint strippers.”
Alexander said Eldorado’s products strengthen PPG’s industrial and architectural businesses, too. “As an aerospace distributor of Eldorado’s products the past year, we know how effective they are. In addition, we understand how they can benefit the industrial and architectural aftermarkets as well.”
Included in the acquisition are product formulas, brand names and product certifications.
PPG acquires specialty products for aerospace aftermarket
By Tim Wright
Published May 3, 2006
Related Breaking News
- Masco Announces Strategic Initiatives to Drive Shareholder Value, Spins Off Installation Division
- AkzoNobel Opens Vehicle Refinishes Plant in China
- Despite Declining Demand, BASF Increases Sales and Earnings in the Third Quarter of 2014
- Biobased Chemicals Attract Huge Investment from Leading Producers in 2014
Related Paint & Coatings Manufacturer News