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PPG Declares Force Majeure for Some Commodity Chemicals

Dec. 27 (Bloomberg) -- PPG says force majeure applies to vinyl chloride monomer made at Lake Charles, La., facility, all grades of liquid caustic soda on “systemwide basis.” * Does not give end date * Sees $5m-$8m effect on commodity chemicals segment earnings

in 4Q12, incremental $2m-$5m effect in 2013 * Force majeure result of Dec. 24 fire at Lake Charles

facility; says vinyl chloride monomer unit shut down, chlor- alkali oper. rates reduced

* PPG says no off-site environmental impact from fire * PPG says no off-site environmental impact from fire</li></ul> * NOTE: On Nov. 28, PPG’s Lake Charles chlor-alkali unit had

production outage from transformer failure; see NSN


Link to Statement:NSN MFOXYC3V7U9S <GO> Link to Company News:PPG US <Equity> CN <GO>

For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>

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