PPG Lake Charles Chlor-Alkali Complex Experiences Unplanned Outage

  PPG Lake Charles Chlor-Alkali Complex Experiences Unplanned Outage

Business Wire

PITTSBURGH -- December 07, 2012

PPG Industries (NYSE:PPG) announced that its chlor-alkali complex in Lake
Charles, La., experienced a production outage stemming from a major generator
transformer failure, which resulted in an electrical disruption and subsequent
shutdown of the entire plant. The incident occurred Nov. 28 and did not result
in any chemicals releases or injuries to plant personnel but did lead to a
multiday production stoppage.

“Plant personnel reacted quickly and appropriately,” said Michael H. McGarry,
PPG executive vice president. “Due to their efforts, we were able to avert a
longer plant outage.”

The company indicated that following an orderly start-up, the plant resumed
partial operations Nov. 30. However, power generation continues to be impacted
by damaged electrical equipment.

“Due to the electrical damage, we are still not generating sufficient power
internally, so we have begun to purchase power externally. We have commenced
repairs to our electrical system and expect completion to take 4 to 6 weeks,”
McGarry said. “We are now running at operating rates sufficient to meet
current customer demand, and we expect to be able to continue to meet demand
throughout the repair period.”

McGarry added that the lost sales volume and expense associated with the plant
stoppage, transitory external power purchases and equipment repairs will
likely impact PPG’s fourth quarter Commodity Chemical segment earnings by $4
million to $8 million.


PPG Industries' vision is to continue to be the world’s leading coatings and
specialty products company. Through leadership in innovation, sustainability
and color, 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 more than 60 countries around the
world. Sales in 2011 were $14.9 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.


PPG Industries, Inc.
Jeremy Neuhart, PPG Corporate Communications, 412-434-3046
Vince Morales, PPG Investor Relations, 412-434-3740
Press spacebar to pause and continue. Press esc to stop.