28 May 2021
PPG introduces CORAFLON Platinum powder coatings for architectural metals
PITTSBURGH, May 28, 2021-- PPG (NYSE:PPG) recently announced the introduction of PPG CORAFLON® Platinum fluoroethylene vinyl ether (FEVE) fluoropolymer powder coatings for architectural extrusions and sheet aluminum. The patented coatings technology offers high transfer efficiency rates of more than 20% and improved corrosion resistance compared to standard FEVE powder coatings.
18 May 2021
PPG invests $13 million to expand capacity, enhance R&D at Jiading facility
SHANGHAI, May 13, 2021 – PPG (NYSE: PPG) today announced the completion of a $13 million investment (approximately RMB 84 million) in its Jiading, China paint and coatings facility, including eight new powder coating production lines and an expanded Powder Coatings Technology Center that will further enhance PPG’s research and development capabilities.
7 May 2021
PPG completes COLORFUL COMMUNITIES project at Yuhong Primary School in Jiading District of Shanghai
SHANGHAI, April 26, 2021 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project at Yuhong Primary School in the Jiading District of Shanghai, China. The event brought together nearly 30 volunteers from the PPG Jiading plant, who spent more than 70 hours beautifying the school’s walls.
7 May 2021
PPG reports increased sales of sustainably advantaged products, continued progress on sustainability goals
PITTSBURGH, April 21, 2021 – PPG (NYSE:PPG) today launched its 2020 Sustainability Report, highlighting the company’s strong, continued progress against key environmental, social and governance (ESG) areas. The report is available at sustainability.ppg.com.
7 May 2021
PPG reports record first quarter 2021 financial results
• Record first quarter net sales of approximately $3.9 billion, about 15% higher than prior year
7 May 2021
PPG opens China Application Innovation Center in Zhangjiagang
ZHANGJIAGANG, China, March. 27, 2021 – PPG (NYSE: PPG) today announced the opening of its China Application Innovation Center (CAIC) in Zhangjiagang, Jiangsu Province, China. The facility is the company’s first cross-business research and development (R&D) center in the region, serving as a bridge between innovation and customer applications for its industrial, packaging and automotive refinish coatings businesses.
7 May 2021
PPG publishes digital 2020 Annual Report
PITTSBURGH, Mar. 11, 2021 – PPG (NYSE:PPG) published its 2020 Annual Report to shareholders.
25 Feb 2021
Blue automobiles to lift COVID blues? PPG 2020 Automotive Color Report shows blue hues maintaining pre-Pandemic growth
PITTSBURGH, Feb. 25, 2021 – PPG (NYSE:PPG) recently released its 2020 automotive color popularity report, which shows blue hues continuing to increase in popularity. The optimistic color climbed to 9% of global color share – a 1% increase from 2019.
22 Feb 2021
PPG, PPG Foundation invested $13 million in communities worldwide in 2020
PITTSBURGH, Feb. 22, 2021 – PPG (NYSE:PPG) and the PPG Foundation recently announced an investment of $13 million in 2020 to address the needs of local communities in the U.S. and internationally. The funding supported initiatives focused on education, COVID-19 relief, social justice and employee engagement.
5 Feb 2021
PPG and Tikkurila agree on improved recommended offer
PITTSBURGH, Feb. 5, 2021 – PPG (NYSE:PPG) and Tikkurila (NASDAQ OMX:TIK1V) today announced the companies have entered into an amendment to the previously announced definitive combination agreement, pursuant to which PPG will improve its recommended offer to acquire all issued and outstanding stock of Tikkurila in an all-cash transaction. Under the improved offer, Tikkurila shareholders would receive €34.00 in cash for each share of Tikkurila stock they own, for a total transaction value of approximately €1.52 billion, including the assumption of debt and cash.
22 Jan 2021
PPG reports fourth quarter and full-year 2020 financial results
PITTSBURGH, Jan. 22, 2021 — PPG (NYSE: PPG) today reported fourth quarter 2020 net sales of approximately $3.8 billion, more than 2% higher versus the prior year. Selling prices increased by about 1.5%. Sales volumes decreased approximately 1.5% versus the prior year, which reflects the ongoing, negative economic impacts of the COVID-19 pandemic in certain end-use markets. Favorable foreign currency translation impacted net sales by about 1.5%, or about $60 million, and acquisition-related sales, added less than 1% to sales growth.
13 Jan 2021
PPG to acquire global coatings manufacturer Wörwag
PITTSBURGH, Jan. 13, 2021 – PPG (NYSE:PPG) today announced that it has reached a definitive agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first half of 2021, subject to customary closing conditions.
