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PPG, POLISAN PLAN TURKISH COATINGS JOINT VENTURE

 LA COURNEUVE, France, June 16 /PRNewswire/ -- PPG Industries (NYSE: PPG) and Polisan Kimya Sanayi A.S. today announced agreement in principle to form a joint venture to produce and market industrial, automotive original and automotive refinish coatings in Turkey and neighboring countries.
 PPG will have 51 percent interest in the Istanbul-based joint venture, PPG-Polisan Boya Sanayi ve Ticaret A.S.
 "We are very optimistic about the venture's prospects," said Arend W.D. Vos, PPG vice president of coatings and resins, Europe. "We expect it to enhance service to existing PPG customers and provide opportunities to expand our activity in the Turkish region, an area of growing economic importance."
 PPG, based in Pittsburgh, is the world's leading producer of automotive and industrial coatings, with European coatings production operations in England, France, Germany, Italy and Spain. PPG is also a leading global producer of flat glass, fiber glass, chemicals and medical electronics.
 Istanbul-based Polisan is a producer of coatings raw materials and architectural paints, glues and adhesives, agricultural chemicals, formaldehyde and formaldehyde resins. Apart from being an important supplier to the Turkish market, Polisan is also an active exporter to Europe, the Middle East, former U.S.S.R. countries and North Africa.
 -0- 6/16/93
 /CONTACT: John S. Ruch of PPG Industries, 412-434-2445/
 (PPG)


CO: PPG Industries; Polisan Kimya Sanayi A.S.; PPG-Polisan Boya
 Sanayi ve Ticaret A.S. ST: Pennsylvania IN: CHM SU: JVN


CD -- PG002 -- 2453 06/16/93 08:00 EDT
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Publication:PR Newswire
Date:Jun 16, 1993
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