PPGs COMEX Brand Earns National Technology and Innovation Award for VINIMEX Total Paint

Business Wire 7-Dec-2017 2:03 PM

MEXICO CITY--(BUSINESS WIRE)-- PPGs COMEX brand today announced that its VINIMEX Total paint earned a National Technology and Innovation Award (PNTI) in the marketing category.

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PNTI is the highest award granted by the government of Mexico. It recognizes national companies and organizations that have used technology and innovation successfully to increase their competitiveness.

PPG and the Comex brand are honored to receive this award, which recognizes a significant achievement in the coatings industry, said Henrik Bergstrm, PPG vice president, Architectural Coatings, Latin America and president, Comex brand. As an industry leader, we must anticipate the needs of our customers and constantly advance coatings innovations to exceed their expectations.

PPGs Comex brand created Vinimex Total paint using a research process at the ComexPolymer Research Center (CIP), which is the first of its kind in Latin America. The product boasts a new generation of water-based acrylic resins that provide superior performance, the broadest color offering and marks a milestone in architectural coatings products in Mexico.

"We created a state-of-the-art paint product with the best properties on the market, said Javier Sosa, PPG director of marketing, Comex brand. In addition to being environmentally friendly and affordable, Vinimex Total paint offers superior covering power, performance, ease of application, durability and scuff-resistance.

PPGs Comex brand maintains a firm commitment to investing in technology, innovation, and research and development (R&D). The Comex brands R&D team comprises 150 highly specialized employees who conducted nearly 200 research projects focused mainly on the development of new materials in the last two years.

Alejandro Morones, PPG director, innovation and development, Comex brand added, This award not only recognizes the Comex brands leadership in the industry, it also highlights the great work of all our teams. Developing new products and attributes that provide competitive advantages remains our priority.

PPG: WE PROTECT AND BEAUTIFY THE WORLD

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 130 years. Through dedication and creativity, we solve our customers biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $14.3 billion in 2016. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is atrademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.Comex and Vinimex are registered trademarks of Consorcio Comex S. A. de C. V.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171207006098/en/

PPG ComexLidya Fresnedo, 16 69 2266lfresnedo@ppg.comorPPGGreta Edgar, Corporate Communications, +1 412-434-2445edgar@ppg.comwww.comex.com.mxorGuerra Castellanos y AsociadosGabriela Fernndezgfernandez@gcya.net

Source: PPG

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