3 Dec 2020
PPG to acquire global coatings manufacturer Ennis-Flint
PITTSBURGH, Dec. 3, 2020 – PPG (NYSE:PPG) today announced that it has reached a definitive agreement to acquire Ennis-Flint, a global manufacturer of coatings with a broad portfolio of pavement marking products, including paint, thermoplastics and other advanced traffic technologies. The transaction, valued at approximately $1.15 billion, is expected to close within the next few months, subject to customary closing conditions.
3 Dec 2020
PPG completes COLORFUL COMMUNITIES project at Changxin Community in Changning District of Shanghai
SHANGHAI, Dec. 1, 2020 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project in the Changning District of Shanghai, China, that helped renovate the Changxin Community under the theme of “Better Home, Beautiful Community.” The project brought together more than 30 PPG volunteers and community representatives, who spent 60 hours creating a colorful and vibrant environment for 5,000 residents.
2 Nov 2020
PPG introduces PPG AQUACOVER waterborne coating system for shipping containers in China
KUNSHAN, China, Nov. 1, 2020 – PPG (NYSE: PPG) today announced the launch of the PPG AQUACOVER™ waterborne coating system for shipping containers in China. The offering was unveiled during the 20th anniversary celebration of the company’s protective and marine coatings (PMC) Asia Pacific research and development (R&D) center in Kunshan, Jiangsu Province, China, where the PPG Aquacover system was developed.
23 Oct 2020
PPG reports third quarter 2020 financial results
• Net sales of about $3.7 billion, 4% lower than the prior year
17 Sep 2020
Embrace nostalgic neutrals, simple comforts: PPG announces ‘Be Well’ 2021 Palette of the Year
PITTSBURGH, Sept. 16, 2020 – In an era where normal is no longer and mental and physical well-being have become more important than ever, consumers are craving simple comforts and a slowed-down lifestyle. Emulating both the optimism felt in nature and soothing nostalgia, the PPG 2021 Palette of the Year “Be Well” was unveiled recently, consisting of hues Transcend, Big Cypress and Misty Aqua.
8 Sep 2020
PPG completes COLORFUL COMMUNITIES project at Zhangjiagang White Cloud Primary School Houcheng branch in Jiangsu, China
ZHANGJIAGANG, China, Sept. 7, 2020 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project that helped revitalize the dance studio, reading room and exterior walls of the Zhangjiagang White Cloud Primary School Houcheng branch in Zhangjiagang, Jiangsu Province, prior to its reopening. The project brought together nearly 25 PPG voluteers who spent 50 hours creating a cozy and bright learning environment for the school’s 1200 students.
4 Sep 2020
PPG showcases eco-friendly paints and coatings at China Coatings Show 2020
SHANGHAI, Sept. 4, 2020 – PPG (NYSE: PPG) today announced that it showcased eco-friendly and high-performance coating products and technologies for a variety of markets at the China Coatings Show. The 2020 show was held at the Shanghai New International Expo Center, Sept. 2-4.
29 Jul 2020
PPG reports second quarter 2020 financial results
• Net sales of $3.0 billion, 25% lower than the prior year and down about 22% in constant currencies
17 Jul 2020
PPG reports second quarter 2020 financial results
• Net sales of $3.0 billion, 25% lower than the prior year and down about 22% in constant currencies
10 Jun 2020
PPG Initiates Global Restructuring, Targeting $170 Million in Annual Savings
PITTSBURGH — June 10, 2020, PPG (NYSE:PPG) today announced that it has approved significant and broad restructuring actions to reduce its global cost structure. The company cited weakened global economic conditions stemming from the COVID-19 pandemic and related pace of recovery in a few end-use markets, along with further opportunities to optimize supply chain and functional costs.
21 May 2020
PPG, employee donations support school reopening programs in China
TIANJIN, China, May 21, 2020 - PPG (NYSE: PPG) today announced that employee and matching company donations totaling more than $60,000 (430,000 RMB) are supporting reopening programs at 18 schools in the Yunnan and Jiangxi provinces in China, bringing the company’s total financial support for COVID-19 response in that country to more than $203,000 (1.43 million RMB).
30 Apr 2020
PPG reports first quarter 2020 financial results
• First quarter net sales of about $3.4 billion, approximately 7% lower than the prior year and down nearly 5% in constant currencies
