Zacks_Analysts' Blog : PPG Signs Agreement - Analyst Blog

The fiber glass segment of PPG Industries Inc. (PPG) has signed an agreement with Ebtech Industrial for the supply of customizable blast panels for personnel and asset protection. The contracts include overseas U.S. military installations.

Pittsburgh-based PPG Industries is a global supplier of paints, coatings, optical products, specialty materials, chemicals, glass and fiber glass. PPG announced the marketing contract with rapid-deployment modular systems developer Ebtech in a move to combine technologies and offer an advanced blast and ballistics protection system.

Under the agreement, Ebtech will market its modular systems with PPG's Mil-Tough inorganic composite binder blast and ballistics panels to cater to evolving security requirements. A global supplier of modular protective systems, Ebtech Industrial designs, manufactures and installs rapid-deployment, customizable systems that offer multiple levels of blast and ballistics protection for new, temporary and existing structures. The company has created multi-story installations for the U.S. troops serving overseas.

PPG Industries’ portfolio of solutions for blast and ballistics applications recently expanded with the introduction of Mil-Tough ICB panels. These precast fiber glass-reinforced panels offer strong blast and ballistics resistance in thinner, lighter forms than the traditional steel-reinforced concrete systems. The technology also offers excellent resistance to high temperatures and fire. Additionally, PPG’s ICB panel technology may be enhanced with Mil-Tough SM “Spall Master" polyurea coating, which adds protection against ballistics fragmentation.

Recently, PPG Industries had introduced the Mil-Tough inorganic composite binder panels for physical asset protection, expanding the company’s portfolio of solutions for blast and ballistics applications. PPG offers Mil-Tough ICB panel solutions appropriate for home security, government and military agencies’ applications worldwide. PPG initially will produce Mil-Tough ICB panels at a facility in Shelby, North Carolina. The new combined technology is expected to help customers to contain costs by providing an advanced blast- and ballistics-mitigation system that is reconfigurable to support multiple missions.