Organoclay (Organophilic Clay)

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Organoclay (Organophilic Clay)

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PPG Announces
Name: admin     Time: 4/1/2009     hot: 748
PPG Industries announced that it would implement another business restructuring plan focused on further reducing its global cost structure. The company cited global economic conditions, low end-market demand, and acceleration of cost-savings from the integration of the SigmaKalon businesses acquired in 2008 as reasons for the program. The planned actions are expected to deliver pretax cost savings of approximately $60 million in 2009, growing to an annual run rate of about $140 million thereafter.
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