PPG divests certain business operations in Africa – Chemical Engineering

By Mary Page Bailey |

GPP (Pittsburgh, Pennsylvania) announced that it has agreed to divest certain business operations in Senegal, Ivory Coast, Cameroon, Gabon and Algeria to Océinde, an industrial group based in Reunion, France. Océinde will continue to offer the existing range of products, including SEIGNEURIE paint, through a license and distribution agreement.

Océinde has various activities in Europe, the Indian Ocean and Africa, including the distribution and manufacture of architectural coatings. This partnership will strengthen a long-standing relationship between the companies, which includes the supply of specialty materials from Océinde to PPG.

PPG employees from the countries concerned will join Océinde. In addition, Olivier Bouin, currently Managing Director of PPG, Architectural Coatings Africa French Overseas and Suriname, will join Océinde as General Manager for the Trade Architectural Coatings market in Africa.

“We are confident that this change in business model will benefit our customers in Africa,” said Pascal Tisseyre, PPG Vice President, Architectural Coatings, Europe, Middle East and Africa – South. “Both companies look forward to working together to better serve the African market.”

“We are proud of the trust shown by PPG and all the employees who join us today,” said Nassir Goulamaly, CEO of Océinde. “We have been investing for decades in the innovation of architectural coatings dedicated to the growing African market and this agreement will help us to support that. Congratulations also to our team who knew how to deploy the three fundamental values ​​of the group within the framework of this project: Innovation, industrialization, internalization.