GREY:ARGEF - Post by User
Comment by
juanito1on Dec 14, 2012 10:08am
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Post# 20730309
RE: RE: PPG to Akzo NA Paint Business
RE: RE: PPG to Akzo NA Paint Business And don't you find it it funny that it was in North America where Argexs plant will be up and running....probably enough to supply the whole of PPGs Paint operations in NA....If PPG/Argex were to supply all of the TiO2 to NA operations at cost, they would probably save 80,000 tonsX ($4000-$1500)= $200 Miilion/YEAR....Now that is Leaverage....And you ask what is Argex is worth??? 3 year payback....$600 Million....And that is Just supplying North American Operations.....