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.
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