Packaging business PPG is making price increases worldwide across its paints, coatings and speciality products business as costs continue to rise.

The company pointed to recent swings and shortages in petrochemical, energy and freight markets, saying these had increased spending on raw materials, power, transport and packaging throughout the coatings supply chain.

According to PPG, rises of as much as 20% are being introduced across product lines and services, applied on a customer-by-customer basis or where existing contracts allow.

It said several products, technologies and regions could face larger increases where needed to match current cost inflation.

The company also outlined the possibility of further price rises if market conditions keep changing.

It said sourcing, manufacturing and logistics teams are using its production base and supplier network to limit disruption.

PPG chairman and CEO Tim Knavish said: “Our top priority remains supporting our customers with consistent quality, dependable supply and technical expertise, even as market conditions remain highly dynamic.

“This pricing action allows us to ensure availability of supply as we navigate unexpected and increased cost pressures.”

In December 2025, the company announced that Adriana Macouzet, vice-president of PPG Latin America and general manager of protective and marine coatings for Latin America, will retire on 30 April 2026.

Current US and Canada protective and marine coatings vice-president Jennifer Solcz will take on the role of vice-president of protective and marine coatings Americas from the same date, with responsibility for the US and Canada, as well as Latin America.