PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: PPG Industries, Inc.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

PPG and Argex Announce Agreement For Titanium Dioxide Collaboration - PPG Industries announced that it has entered into a technical collaboration agreement with Montreal-based Argex Mining, Inc. (TSX-V: RGX) (FSE: ASV) (OTCBB: ARGEF) (NYSE: PPG) - PPG.com
PPG and Argex Announce Agreement For Titanium Dioxide Collaboration

 

NewswireToday - /newswire/ - Pittsburgh, PA, United States, 2012/04/03 - PPG Industries announced that it has entered into a technical collaboration agreement with Montreal-based Argex Mining, Inc. (TSX-V: RGX) (FSE: ASV) (OTCBB: ARGEF) (NYSE: PPG) - PPG.com. NYSE: PPG

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

PPG Industries announced today that it has entered into a technical collaboration agreement with Montreal-based Argex Mining Inc. to utilize PPG’s existing technology and know-how relating to the manufacture of titanium dioxide (TiO2) pigment for paints and coatings applications. The TiO2 is intended to be compatible with various end-use applications for PPG and would be produced by Argex. Terms were not disclosed.

“PPG and Argex plan to combine efforts with the goal of developing a titanium dioxide product that can meet conventional standards for interior and exterior paint applications,” said Charles F. Kahle II, PPG chief technology officer and vice president, research and development, coatings. “This strategic initiative offers PPG the opportunity to leverage our expertise and secure an enhanced supply of this critical raw material. Volatile pricing for titanium dioxide continues to be an important issue for the company.”

Roy Bonnell, Argex president and chief executive officer, said,“PPG’s decision to collaborate closely with Argex as both a technical and commercial partner is a further validation of our process and the suitability of the Argex TiO2 pigment for commercial use. PPG’s involvement will assist Argex greatly in our stated goal to advance rapidly to production.”

The agreement provides for the negotiation of a purchase and supply agreement between Argex and PPG based on the successful development of the treatment technologies. Both companies have agreed to certain terms of mutual exclusivity during the negotiation period.

PPG previously manufactured titanium dioxide using the chloride process at its Natrium, W.Va., chemicals plant and sold titanium dioxide pigment for coatings and other end-use applications. Titanium dioxide is a raw material widely used in the paint and coatings industry as pigment for its hiding, durability and whiteness characteristics.

About Argex Mining, Inc.
Argex Mining Inc. has recently transitioned from a mining exploration company to a near-term producer of commodities that the world needs: titanium dioxide, iron and vanadium pentoxide. With a primary goal of advancing rapidly towards production, Argex has adopted a simple and low risk strategy for the scale-up of its proprietary process that allows it to produce high purity TiO2 directly from its 100% owned deposit. Additionally, the Company owns 100% of the Mouchalagane property, which is a large Labrador Trough iron ore property that represents further potential upside for the Argex shareholders.

PPG: BRINGING INNOVATION TO THE SURFACE™
PPG Industries' vision is to continue to be the world’s leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG (ppg.com) has global headquarters in Pittsburgh and operates in more than 60 countries around the world. Sales in 2011 were $14.9 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG).

Forward-Looking Statements
Statements in this news release relating to matters that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 reflecting the company’s current view with respect to future events or objectives and financial or operational performance or results. The forward-looking statements contained herein include statements relating to the expected benefits of the technical collaboration. Actual events may differ materially from current expectations and are subject to a number of risks and uncertainties, including the failure to produce a viable titanium dioxide product, the failure to achieve the other expected benefits of the technical collaboration and the other risks and uncertainties discussed in PPG Industries’ periodic reports on Form 10-K and Form 10-Q, and its current reports on Form 8-K filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of their initial issuance, and PPG Industries does not undertake any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.

Investor:
Vince Morales, PPG Investor Relations
P: 412-434-3740 - E: vmorales[.]ppg.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: PPG Industries, Inc.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


PPG and Argex Announce Agreement For Titanium Dioxide Collaboration

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

PPG Industries, Inc. |
Publisher Contact: Jeremy Neuhart - PPG Corporate Communications 
412-434-3046 neuhart[.]ppg.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PPG Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From PPG Industries, Inc. / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

DSM Plastics Provide Electrical Components with Extra Safety and Reliability for Intelligent Appliances in Smart Homes
Voith At POWER-GEN Europe 2017 - Reliable and Innovative Technologies for Energy Providers and Plant Operators
PPG Central Europe Aerospace Center Approved for Airbus Sealants Packaging
ADVA Optical Networking Transforms the Metro with New Levels of Flexibility, Scale and Synchronization
Persistence Market Research Releases Fatty Acid Methyl Ester Market Report - Global Industry Overview by 2025
Automatic Edge Bending Machine Market Has Limited Global Players - Homag, Biesse, Scm Group, Brandt Finds PMR
Persistence Market Research Publishes Global Combi Oven Market Report - Key Players Unox, Convotherm, Rational, Turbofan, Blue Seal, Electrolux
ITT to Showcase Portfolio of Critical In-Flight Solutions at 2017 International Paris Air Show
Rockwell Automation Continues to Expand MES Applications to Increase Flexibility, Ease Entry to Smart Manufacturing
BrainChip Holdings Ltd and Safran Collaborate on Development of Machine Vision Inspection System for Harnesses Production Activities
Demand for Advanced Manufacturing and Automation Solutions Surges with the Rise of Industry 4.0 Finds Frost & Sullivan
American Chemistry Council Recognizes BASF as Responsible Care Company of the Year
Atlas Copco to Acquire Swedish Mining Intelligence Business
EPA Recognizes BASF as Safer Choice Innovator
PPG Uses OPTICOR Advanced Transparency Material for BLADE Windows

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Persistence Market Research (P) Ltd

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)