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    Latin America Reports

    PPG Opens More Brazilian Paint Stores

    PPG Opens More Brazilian Paint Stores
    PPG Opens More Brazilian Paint Stores
    Related CONTENT
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    Charles W. Thurston, Latin America Correspondent12.09.16
    PPG Renner is adding 30 new retail stores to its Brazilian distribution network this year, particularly in the South, adding to the estimated 90 stores previously in operation across the country. The company has also opened its first store in Montevideo, in neighboring Uruguay. The company goal for Brazil is to add 100 new stores over the next three years, according to a statement attributed to Rodrigo Schepf, the national director of sales and marketing for PPG do Brasil’s architectural paints, by the Jornal do Comércio.

    New stores may also be opened in other neighboring countries in the Southern Cone, which includes Argentina, Chile and Paraguay, as well as Brazil and Uruguay.

    Cities in Rio Grande do Sul state gaining new stores include: Aratiba; Erechim; Farroupilha; Passo Fundo; Porto Alegre; Sapiranga; and Santa Cruz do Sul. Many of the company’s existing stores are also being redesigned. Sales from refurbished and new stores in Brazil are expected to help the company reach a growth goal of seven to eight percent this year.

    While many of PPG’s Latin American stores are company owned, the concessionaire model, including 700 in Mexico, is said to be under consideration for future growth in Brazil. Renner is a registered trademark of Renner Herrmann S.A. and Renner Sayerlack S.A., used under license by PPG.

    At the same time more stores are being added, production capacity is growing. This year, the company opened a new resins plant in Gravataí, in Rio Grande do Sul. Last year, PPG Renner completed a $40 million project to add on-site resin production at its Sumaré, São Paulo state coatings manufacturing facility. Other South American countries with PPG manufacturing sites include Argentina, Colombia, and Surinam.

    Within PPG Renner’s basket of marketing strategies, soccer fans are now able to purchase paint in special cans with the colors of two leading teams: one version of the Rekolor Pro architectural coating can features a blue label and the Gemio team logo, while the other has a red label and the Internacional logo.

    In an altruistic program, PPG in July completed its first Colorful Communities project in Brazil, which helped to add color to the new Children’s Cancer Institute in Porto Alegre. “The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world,” the company says.

    In April, PPG announced that Adriana Macouzet was appointed vice president for Latin America, and general manager, protective and marine coatings ing Latin America, effective June 1. She will provide regional leadership for PPG in Latin America, excluding PPG Comex in Mexico.

    Net sales for PPG in the Americas ex-United States were down 9.4 percent during the first quarter of this year to $480 million from $530 million in the year-earlier period, according to the company’s most recent SEC filings. “Protective coatings sales volumes grew versus the prior year in all regions, led by the U.S., Asia and Latin America, including benefits from expanded distribution through the Comex concessionaire network,” the Q1 reports.

    PPG’s 2015 Annual Report, its latest, states that, “Demand in the Latin American economies was bifurcated, with economic growth continuing in Mexico, aided by increased industrial production. This was partly offset by economic contraction in South America, particularly in Brazil, due to high inflation and unemployment rates. Also, weakening South American currencies versus the U.S. dollar were unfavorable to PPG net sales.” 
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    Related Latin America Reports

    • Brazil’s Abrafati Breaks Records with 2019 Show

      Abrafati logged a 40 percent increase in exhibitors this year – up to more than 10,000 – in Sao Paulo, of which about 40 percent were international.
      Charles W. Thurston, Latin America Correspondent 11.11.19

    • Mexico Boosts Oil & Gas CapEx  and Maintenance Spending

      Mexico Boosts Oil & Gas CapEx and Maintenance Spending

      The demand for new industrial coatings, as well as corrosion-control and other maintenance coatings, is expected to rise with the increased spending.
      Charles W. Thurston, Latin America Correspondent 09.30.19

    • Cuba Market Expands with Hotel Development

      Cuba Market Expands with Hotel Development

      Cuba’s long-closed market has begun to open more rapidly as the tourism industry grows and brings more revenue to the island. More than 4,000 new hotel rooms are being built this year, mostly in the capital of Havana, where there are already…
      Charles W. Thurston, Latin America Correspondent 09.03.19


    • Eastman Bullish on Latin America, its Environment, the Arts

      In Latin America, Eastman sales were up 14 percent to $588 million, leading all other geographies in percentage growth.
      Charles W. Thurston, Latin America Correspondent 08.09.19

    • Peru Market Strengthens on Private Investment

      Peru Market Strengthens on Private Investment

      The Peruvian market is strengthening, with its estimated four percent gross domestic product growth rate steady, and a rising count of international investments in major projects. While much of the new construction in the country will surround infras…
      Charles W. Thurston, Latin America Correspondent 07.03.19

    • Latin America Market to Continue Slow Recovery

      Latin America Market to Continue Slow Recovery

      The Latin American market for paint and coatings has begun a slow market recovery, as it closely tracks regional gross domestic product growth, expected to rise by a half point to 1.7 percent this year, compared with 1.2 percent last year. The ind…
      Charles W. Thurston, Latin America Correspondent 05.31.19


    • Guatemala’s Grupo Solid Manufacturing and Transocean Coatings Form Partnership

      Guatemala’s Grupo Solid Manufacturing and Transocean Coatings Form Partnership

      The largest paint producer in Guatemala, Grupo Solid, has formed a strategic partnership with the Netherlands’ Transocean Coatings to pursue a spot in the high-performance paint and coatings market in the Central America and Caribbean regions.…
      Charles W. Thurston, Latin America Correspondent 05.10.19

    • Mexico’s Aeronautical Industry a “Gold Mine” for the Economy

      The workforce is rapidly headed toward 60,000 people, as the country assumes the position of the world’s sixth largest aviation industry.
      Charles W. Thurston, Latin America Correspondent 04.12.19

    • Coatings World Interview: Charly Nader, Dow’s New Latin America Director

      Coatings World recently interviewed Charly Eid Nader – Dow’s new president in the Andean Region, and commercial director of the Latin American Performance and Performance Monomers business – about his expectations for growth in the…
      Charles W. Thurston, Latin America Correspondent 03.08.19


    • New Dow Andes Regional Head in Bogotá

      New Dow Andes Regional Head in Bogotá

      DowDuPont appointed Charly Eid as the new head of the Andes region for paint and coatings at a time when fostering growth there is a challenge. Colombia is the promising economic center of the region and Peru is a standout, while both Bolivia and Ecu…
      Charles W. Thurston, Latin America Correspondent 02.11.19

    • Latin America Sales Up 13% for Clariant in Q3

      Latin America Sales Up 13% for Clariant in Q3

      Latin America sales for specialty chemical maker Clariant climbed 13 percent in local currency during the first three months of this year. Plastics and coatings contributed a four percent gain in Swiss francs and contributed to an eight percent EBITD…
      Charles W. Thurston , Latin America Correspondent 12.03.18

    • Argentina’s Antipat Considers Renewable Energy

      Argentina’s national paint and coatings association has added renewable energy to its toolbox of technologies that will help the economic development of the industry,  which is battling against widespread recession in the country. Durin…
      Charles W. Thurston, Latin America Correspondent 11.05.18

    • Renner Opens New Plant in Recovering Chile

      Brazil’s family-owned Renner Coatings has opened a new production plant and laboratory in Pudahuel, in the Santiago Province of Chile, amidst growth reports that are moving GDP expectations higher this year. Renner Coatings is the high-perfo…
      Charles W. Thurston, Latin America Correspondent 10.03.18

    • Venezuela Reissues Bolivar to Fight Inflation

      Venezuela Reissues Bolivar to Fight Inflation

      Venezuela has revalued its inflation-heavy currency with a hope of containing runaway inflation, which has led to an imploding economic situation. The new bolivar Soberano or sovereign bolívar, slated for immanent issue under President Nicol&a…
      Charles W. Thurston, Latin America Correspondent 09.01.18

    • BASF Seeds Growth in South America

      BASF Seeds Growth in South America

      BASF predicts even more growth for South America in 2019 than this year, in its latest economic, corporate governance and environmental sustainability report, “BASF América del Sur Informe 2017” report, released in Spanish in June.…
      Charles W. Thurston , Latin America Correspondent 08.10.18

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    • HMG Paints Wins BCF's Corporate Social Responsibility Award
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    • Cristo Rey High School Educator Named 2019 Axalta All-Pro Teacher of the Year
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