PPG Industries and Kansai Paint have expanded their alliance, known as PPG Kansai Automotive Finishes (PKAF), to include the sale of automotive coatings to Japanese-owned or operated OEMs in Hungary. The business was transferred from a previous venture between Akzo Nobel and Kansai Paint.
"Global OEMs are continuing to add capacity in Eastern Europe, as it is one of the fastest-growing regions in the automotive industry," said Richard J. Rurak, president, PKAF. "The expansion of the alliance will enable us to better serve the needs of Japanese automotive manufacturers and parts suppliers operating in Hungary and may lead to future opportunities for collaboration in other areas of Eastern Europe."
In operation since 2004, PKAF was formed by PPG and Kansai Paint to provide coatings to global OEMs and to assist both companies in responding quickly and effectively to the demands and requirements of the automotive industry. Additionally, the two companies develop technology jointly to benefit customers worldwide.
PPG Industries and Kansai Paint expand alliance in Europe to include Hungary
By Tim Wright
Published January 7, 2008
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