Latest News
7/21/2021
PPG Reports Second Quarter 2021 Financial Results
6/28/2021
PPG launches 2021 University Talent Power Program in China
6/11/2021
PPG Completes its Acquisition of Tikkurila, a Leading Nordic Paint and Coatings Company
5/28/2021
PPG introduces CORAFLON Platinum powder coatings for architectural metals
5/13/2021
PPG invests $13 million to expand capacity, enhance R&D at Jiading facility
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PPG Reports Second Quarter 2021 Financial Results
PITTSBURGH, Jul. 21, 2021 — PPG (NYSE:PPG) reported second quarter 2021 net sales of approximately $4.4 billion, approximately 45% higher than the prior year. Selling prices increased by 3.5% and sales volumes were higher by approximately 24% in comparison to the previous year. Favorable foreign currency translation impacted net sales by about 6%, or about $185 million, and acquisition-related sales added more than 11% year over year.
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PPG Completes its Acquisition of Tikkurila, a Leading Nordic Paint and Coatings Company
PITTSBURGH, June 11, 2021-- PPG (NYSE:PPG) today announced that it has completed its acquisition of all of the shares of Tikkurila (NASDAQ OMX: TIK1V) tendered into PPG’s tender offer as of the expiration of the offer on June 4, 2021. Tikkurila shareholders received €34.00 in cash for each of the 38,711,646 shares of Tikkurila tendered.
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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.
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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.
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