DGAP-News: Williams Grand Prix Holdings PLC / Key word(s): Miscellaneous Williams Grand Prix Holdings PLC : The Williams F1 Team and PPG Renew Partnership 26.02.2013 / 13:35
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PPG INDUSTRIES AND THE WILLIAMS F1 TEAM RENEW PARTNERSHIP 26 February 2013. Grove, UK. The Williams F1 Team is pleased to announce that PPG Industries, the world's leading coatings and specialty products company, will continue its sponsorship of the Williams F1 Team for an eleventh consecutive year. The weight of a Formula One car is vital in determining its lap times; PPG's automotive refinish business has devised a customised paint system that enables the Williams F1 Team to achieve an impressive 30% reduction in the weight added to the car during the painting process when compared with the conventional painting process. 'Formula One demands the best and expects excellence,' explains Jérôme Zamblera, Marketing Director, PPG Automotive Refinish EMEA. On every aspect of the car, from the electronics inside to the exterior paint, teams are always looking for materials that provide consistency and excel in performance. It speaks well for PPG's quality that we and the Williams F1 Team are continuing our partnership for an impressive eleventh year.' The PPG paint system designed for the team combines the use of a colour-matched primer to minimise the usage of the basecoat colour before clear coating. Using this process, the speed of paint application is increased in conjunction with a reduction in the total volume of the coatings. The lower film build also helps reduce the stone damage to the FW35 making the excellent finish more manageable throughout the season. The PPG paint process also makes local repairs easier, which is ideal for 'flyaway' races, when small repairs may be required after race cars are flown on transport planes. Sir Frank Williams, Williams F1 Team Principal, commented; 'PPG is a long-standing partner and very much a part of the Williams F1 Team family. Strong partners are fundamental to success in Formula One and together we are looking forward to the next season ahead.' -Ends- PPG: BRINGING INNOVATION TO THE SURFACE(TM) PPG Industries' vision is to continue to be the world's leading coatings and specialty products company. Through leadership in innovation, sustainability and colour, 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 has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Sales in 2012 were $15.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com. Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc. End of Corporate News
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26.02.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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202371 26.02.2013
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PPG INDUSTRIES AND THE WILLIAMS F1 TEAM RENEW PARTNERSHIP 26 February 2013. Grove, UK. The Williams F1 Team is pleased to announce that PPG Industries, the world's leading coatings and specialty products company, will continue its sponsorship of the Williams F1 Team for an eleventh consecutive year. The weight of a Formula One car is vital in determining its lap times; PPG's automotive refinish business has devised a customised paint system that enables the Williams F1 Team to achieve an impressive 30% reduction in the weight added to the car during the painting process when compared with the conventional painting process. 'Formula One demands the best and expects excellence,' explains Jérôme Zamblera, Marketing Director, PPG Automotive Refinish EMEA. On every aspect of the car, from the electronics inside to the exterior paint, teams are always looking for materials that provide consistency and excel in performance. It speaks well for PPG's quality that we and the Williams F1 Team are continuing our partnership for an impressive eleventh year.' The PPG paint system designed for the team combines the use of a colour-matched primer to minimise the usage of the basecoat colour before clear coating. Using this process, the speed of paint application is increased in conjunction with a reduction in the total volume of the coatings. The lower film build also helps reduce the stone damage to the FW35 making the excellent finish more manageable throughout the season. The PPG paint process also makes local repairs easier, which is ideal for 'flyaway' races, when small repairs may be required after race cars are flown on transport planes. Sir Frank Williams, Williams F1 Team Principal, commented; 'PPG is a long-standing partner and very much a part of the Williams F1 Team family. Strong partners are fundamental to success in Formula One and together we are looking forward to the next season ahead.' -Ends- PPG: BRINGING INNOVATION TO THE SURFACE(TM) PPG Industries' vision is to continue to be the world's leading coatings and specialty products company. Through leadership in innovation, sustainability and colour, 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 has global headquarters in Pittsburgh and operates in nearly 70 countries around the world. Sales in 2012 were $15.2 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com. Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc. End of Corporate News
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26.02.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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202371 26.02.2013
