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17.12.2024
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PPG donates digital refinish tools to 15 vocational schools across Europe
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PPG (NYSE: PPG) today announced that it has donated the PPG LINQ™ digital automotive refinish ecosystem to 15 vocational schools in over 10 countries during the last 15 months. This effort is part of the company’s $2 million commitment through 2025 to invest in workforce development initiatives aimed at addressing the skills shortage and attractin...
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10.12.2024
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PPG again recognized among Foundry’s Computerworld’s Best Places to Work in IT
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PPG (NYSE: PPG) today announced that it has been recognized among the “Best Places to Work in Information Technology (IT) in 2025” by Foundry’s Computerworld. It is PPG’s seventh appearance on the prestigious list, which recognizes organizations that challenge their IT staffs while providing great benefits and compensation.
“It’s a great honor t...
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09.12.2024
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PPG recognized in Newsweek’s America’s Most Responsible Companies list for fifth consecutive year
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PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine’s America’s Most Responsible Companies list for the fifth consecutive year. The top 2,000 public companies were considered for the 2025 list, which recognizes the 600 most responsible companies in the U.S. PPG ranks no. 110 overall and no. 8 in the Materials and Chemicals i...
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05.12.2024
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PPG completes on-site solar installation at Caivano, Italy facility
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PPG (NYSE:PPG) today announced the completion of an on-site solar installation at its Caivano, Italy facility that will enable progress toward the company’s 2030 greenhouse gas emissions reduction targets.
The project is part of a partnership with Grastim, a developer of high-efficiency energy generation solutions. The 1.5 megawatt solar install...
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02.12.2024
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American Industrial Partners Completes Acquisition of PPG's U.S. and Canadian Architectural Coatings Business
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125-year-old business, renamed The Pittsburgh Paints Company, will be wholly focused on supplying professionals and DIYers with industry leading products and best-in-class innovation
CRANBERRY TOWNSHIP, Pa., Dec. 2, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), today completed its previously announced acquisition of the U.S. and Cana...
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02.12.2024
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PPG completes sale of architectural coatings U.S. and Canada business to American Industrial Partners
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PPG (NYSE: PPG) today announced that it has completed the sale of 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor.
PPG’s architectural coatings businesses in other regions around the world remain core businesses within the com...
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25.11.2024
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PPG recognized in Newsweek’s America’s Greenest Companies list
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PPG (NYSE:PPG) today announced that it has been named to Newsweek magazine’s America’s Greenest Companies 2025 list. The list recognizes the top 500 private and public U.S. companies committed to reducing their environmental impact in key areas including greenhouse gas emissions, water management, and waste reduction.
“At PPG, we pride ourselves...
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25.11.2024
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PPG completes sale of silicas products business to QEMETICA
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PPG (NYSE: PPG) today announced that it has completed the sale of its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty chemicals.
PPG’s silicas products business manufactures and supplies precipitated silica prod...
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18.11.2024
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PPG strengthens powder coatings presence in Italy through partnership with SARO/Siccardi
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PPG (NYSE:PPG) today announced a strategic partnership with SARO/Siccardi, the largest distributor of powder coatings in Italy. The collaboration will strengthen PPG’s distribution network for powder coatings in the Italian market and broaden customer access to high-quality products and services.
“Entering a partnership with a customer-focused a...
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15.11.2024
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PPG inducts five new members into Collegium association, recognizing technology innovations aligned to growth
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PPG (NYSE:PPG) today announced the induction of five new members into its Collegium, an association of longstanding PPG leaders who have made significant technological contributions that support PPG’s growth, innovation, and longevity.
“We are honored to recognize the great minds of PPG that allow us to serve our customers better today than yest...
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13.11.2024
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PPG announces industrial coatings leadership changes
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PPG (NYSE:PPG) today announced the following leadership changes within industrial coatings, effective Jan. 1, 2025:
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241113404917/en/Juliane Hefel, currently vice president, specialty coatings and materials (SCM), has been appointed senior...
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13.11.2024
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PPG announces leadership appointments
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PPG (NYSE:PPG) today announced several business leadership appointments as it continues to focus on driving and delivering the company’s growth strategy.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241113944237/en/Tom Maziarz, currently PPG vice president, automotive refinish, Ameri...
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22.10.2024
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PPG’s New Paint for a New Start transforms 27 schools worldwide with colorful makeovers
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PPG (NYSE:PPG) today announced that the third year of its New Paint for a New Start initiative, part of the company’s COLORFUL COMMUNITIES® program, transformed 27 schools worldwide during June, July and August 2024. More than 1,600 PPG volunteers and community partners took part in the initiative, dedicating 8,000 hours to transform classrooms an...
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22.10.2024
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GLIDDEN paint by PPG names Brick Red Spray Paint Color of the Year 2025
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PPG (NYSE: PPG) today announced Brick Red as the GLIDDEN® paint by PPG Spray Paint Color of the Year, a complementary color to the brand’s 2025 Color of the Year, Purple Basil (PPG1046-7). Glidden color experts selected Brick Red, a rich and inviting red, as it radiates energy and leans into the idea of “go big and go bold,” inviting consumers to...
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17.10.2024
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PPG Board of Directors announces quarterly dividend of 68 cents per share
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The Board of Directors of PPG (NYSE:PPG) today declared a regular quarterly dividend of 68 cents per share, payable Dec.12 to shareholders of record Nov. 12.
This payment will mark 53 consecutive years of annual increases in the company’s dividend and is the 505th consecutive dividend payment. Through the ongoing dedication and engagement of its...
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17.10.2024
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AMERICAN INDUSTRIAL PARTNERS TO ACQUIRE PPG'S ARCHITECTURAL COATINGS BUSINESS IN THE UNITED STATES AND CANADA
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Building off strong foundations and iconic legacy brands, investment will enable the Company to accelerate profitable growth across the U.S. and Canada
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- American Industrial Partners ("AIP"), an industrials investor, today announced that American Industrial Partners Capital Fund VIII has entered into a defini...
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17.10.2024
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PPG reaches agreement to sell architectural coatings U.S. and Canada business to American Industrial Partners; announces comprehensive cost reduction program
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PPG (NYSE: PPG), a global leader in paints, coatings, and specialty materials, today announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor.
The transaction, which is expect...
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16.10.2024
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PPG reports third quarter 2024 financial results
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PPG (NYSE:PPG) today reported financial results for the third quarter 2024.
Third Quarter Consolidated Results
$ in millions, except EPS
3Q 2024
3Q 2023
YOY change
Net sales
$4,575
$4,644
(1)%
Net income
$468
$426
+10%
Adjusted net income(a)
$500
$493
+1%
EPS
$2.00
$1.79
+12%...
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09.10.2024
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PPG earns top ‘AAA’ sustainability rating from MSCI
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PPG (NYSE:PPG) today announced that it has received the highest “AAA” rating from the Morgan Stanley Capital International (MSCI) ESG ratings assessment. This achievement denotes PPG as a “leader,” listing the company within the top 11% of those in the specialty chemicals category.
“We see sustainability as a driver of continuous improvement in p...
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08.10.2024
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PPG and Shaw Industries sign strategic agreement for resinous flooring products
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PPG (NYSE: PPG) today announced that it has signed a strategic agreement with flooring leader Shaw Industries Group, Inc. to offer the PPG FLOORING™ line of resinous flooring products. The products will be available to Shaw’s customers in the commercial property market via its Patcraft® brand. The partnership helps expand the market reach for PPG’...
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04.10.2024
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PPG to announce third-quarter 2024 results Oct. 16
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PPG (NYSE: PPG) today announced the following details for its third-quarter 2024 earnings release and teleconference call.
Earnings release:
Wednesday, Oct. 16, after U.S. stock markets close
Teleconference:
Thursday, Oct. 17, 8 a.m. ET
PPG participants:
Tim Knavish, chairman and chief executive officer
V...
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02.10.2024
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PPG wins prestigious 2024 Supplier Excellence Award from Caterpillar Inc.
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PPG (NYSE: PPG) today announced that it has won a Caterpillar Supplier Excellence Award 2024 from Caterpillar Inc. (NYSE: CAT). Caterpillar procurement leadership presented the award at its Supplier Excellence Recognition event in Grapevine, Texas on Sept. 19. Invitations to the event are extended to the top four percent of CAT suppliers globally,...
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24.09.2024
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PPG announces Purple Basil as 2025 Color of the Year
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PPG (NYSE:PPG) today announced its 2025 Color of the Year, Purple Basil (PPG1046-7), a refreshingly bold yet soothing dusty violet hue that represents adaptability in times of change. Also known as Amethyst Shadow and Acai Berry in certain European markets, the shade is part of PPG’s 2025 “Kinetic” global color theme, which includes four distinct...
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24.09.2024
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PPG announces executive leadership changes
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PPG (NYSE:PPG) today announced that Kevin Braun, currently senior vice president, industrial coatings segment, will become senior vice president, operations, effective October 1, 2024. Braun will succeed Ram Vadlamannati, who announced his intention to retire from PPG after 25 years with the company. Vadlamannati will leave the company at the end...
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19.09.2024
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PPG announces two-year partnership with Foundation for Environmental Education
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PPG (NYSE: PPG) today announced a two-year partnership with the Foundation for Environmental Education (FEE), a leader in promoting environmental education and sustainable development in schools worldwide. PPG will provide a $150,000 community engagement grant to help expand FEE’s programs, which focus on climate change education through UNESCO's...
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16.09.2024
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PPG recognized as one of the ‘World’s Best Companies’ by TIME Magazine
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PPG (NYSE:PPG) today announced that it was recognized as one of the “World’s Best Companies of 2024” by TIME Magazine. The list ranks the top 1,000 global employers that are forging a path into the future.
The recognition is presented by TIME and Statista, a leading statistics portal and industry ranking provider. Companies on the list were ident...
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05.09.2024
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PPG launches PPG STEELGUARD 951 fire protection coating in the Americas
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PPG (NYSE: PPG) today announced the launch of PPG STEELGUARD® 951 epoxy intumescent fire protection coating in the Americas. This innovative product is designed for advanced manufacturing facilities, including semiconductor plants, electric vehicle battery facilities, data centers and other commercial infrastructure. After a successful launch in E...
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30.08.2024
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PPG expands Malaysian plant operations to include non-stick and low friction coatings manufacturing
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PPG (NYSE:PPG) today announced that it has expanded operations in Petaling Jaya, Malaysia to include the production of non-stick coatings for kitchenware, industrial bakeware and low friction applications. The plant now has additional capacity to support growing regional coatings demand as well as increased space dedicated to valuable services for...
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29.08.2024
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PPG reaches agreement to sell silicas products business to QEMETICA
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PPG (NYSE: PPG), a global leader in paints, coatings, and specialty materials, today announced that it has reached a definitive agreement to sell its silicas products business for approximately $310 million in pre-tax proceeds to QEMETICA S.A., a Warsaw, Poland-based, privately held manufacturer of soda ash, silicates and other specialty chemicals...
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26.08.2024
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PPG completes expansion of industrial coatings plant in Vietnam
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PPG (NYSE:PPG) today announced the completion of upgrades that have expanded the capacity of its Yen Phong industrial coatings plant in Bắc Ninh province, Vietnam. The enhancements include a new production line dedicated to PPG AQUACRON™ waterborne decorative and functional coatings for consumer electronics, as well as state-of-the-art testing equ...
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21.08.2024
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PPG launches PPG PITT-THERM 909 spray-on insulation coating for oil and gas, infrastructure industries
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PPG (NYSE: PPG) today announced the launch of PPG PITT-THERM® 909 spray-on insulation (SOI) coating. This silicone-based coating is designed for high-heat environments in the oil and gas, chemical, petrochemical and other critical infrastructure industries, where it provides improved safety, asset protection and operational efficiency compared to...
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14.08.2024
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PPG earns 2024 Altair Enlighten Award for sustainable electrocoat technology
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PPG (NYSE: PPG) today announced that it has received a 2024 Altair Enlighten Award from IT firm Altair Engineering, which honors sustainability and lightweighting advancements in the automotive industry. PPG and Toyota North America earned the runner-up award in the Sustainable Process category for the use of PPG ENVIRO-PRIME® EPIC 200X electrocoa...
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31.07.2024
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PPG announces partnership with RightShip sustainability platform
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Zero Harm Innovation Partners Program aims to encourage maritime sustainability
SINGAPORE, July 31, 2024 /PRNewswire/ -- PPG (NYSE: PPG) today announced a collaboration with RightShip, a digital maritime sustainability platform, as part of Rightship's Zero Harm Innovation Partners Program. The initiative aims to foster the development and adoptio...
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