PPG Receives 50th Order for Electrostatic Marine Coating Application
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PPG has received its 50th order for its electrostatic marine coating application, a technology it introduced to the shipping industry just over a year ago. This milestone highlights PPG's successful expansion from aerospace and automotive industries into marine applications.
November 28, 2024 | 2:00 pm
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PPG has achieved a significant milestone by receiving its 50th order for electrostatic marine coatings, indicating successful market penetration and potential revenue growth in the marine sector.
The 50th order milestone suggests strong demand and acceptance of PPG's new product in the marine industry, which could lead to increased revenues and market share. This is a positive indicator for PPG's stock in the short term.
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