Williams Grand Prix Holdings PLC : The Williams F1 Team and PPG Renew Partnership


26.02.13 13:40
Meldung
 
Grove, UK. The Williams F1 Team is pleased to announcethat PPG Industries, the world's leading coatings and specialty productscompany, will continue its sponsorship of the Williams F1 Team for aneleventh consecutive year.The weight of a Formula One car is vital in determining its lap times;PPG's automotive refinish business has devised a customised paint systemthat enables the Williams F1 Team to achieve an impressive 30% reduction inthe weight added to the car during the painting process when compared withthe conventional painting process.'Formula One demands the best and expects excellence,' explains JérômeZamblera, Marketing Director, PPG Automotive Refinish EMEA. On every aspectof the car, from the electronics inside to the exterior paint, teams arealways looking for materials that provide consistency and excel inperformance. It speaks well for PPG's quality that we and the Williams F1Team are continuing our partnership for an impressive eleventh year.'The PPG paint system designed for the team combines the use of acolour-matched primer to minimise the usage of the basecoat colour beforeclear coating. Using this process, the speed of paint application isincreased in conjunction with a reduction in the total volume of thecoatings. The lower film build also helps reduce the stone damage to theFW35 making the excellent finish more manageable throughout the season. ThePPG paint process also makes local repairs easier, which is ideal for'flyaway' races, when small repairs may be required after race cars areflown on transport planes.Sir Frank Williams, Williams F1 Team Principal, commented; 'PPG is along-standing partner and very much a part of the Williams F1 Team family.Strong partners are fundamental to success in Formula One and together weare looking forward to the next season ahead.'-Ends-PPG: BRINGING INNOVATION TO THE SURFACE(TM)PPG Industries' vision is to continue to be the world's leading coatingsand specialty products company. Through leadership in innovation,sustainability and colour, PPG helps customers in industrial,transportation, consumer products, and construction markets andaftermarkets to enhance more surfaces in more ways than does any othercompany. Founded in 1883, PPG has global headquarters in Pittsburgh andoperates in nearly 70 countries around the world. Sales in 2012 were $15.2billion. 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.End of Corporate News---------------------------------26.02.2013 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------202371 26.02.2013


 

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Williams Grand Prix Holding

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Williams Grand Prix Holdings PLC (13.03.14)

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Williams Grand Prix: Erster Kurs . (02.03.11)
Williams Grand Prix: Ausgabepreis. (01.03.11)

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