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9/9/2021
PPG To Launch PPG LINQ End-to-End Digital Solution for Global Refinish Industry
PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE: PPG) recently announced that it will begin a phased launch of PPG LINQ™ – its revolutionary, new end-to-end digital solution for global automotive refinish customers.
 

8/26/2021
Soothe yourself with Olive Sprig: PPG announces 2022 Color of the Year
PITTSBURGH, Aug. 26, 2021 – After a year of stay-at-home orders and too few IRL (in-real-life) moments in 2020, homeowners, designers, architects and facility managers are craving authenticity, nature and meaningful human interaction after living in a mostly digital world. Today, PPG introduced its 2022 Color of the Year: Olive Sprig (PPG1125-4) – an elegant, grounded, versatile and highly-adaptable grey-green, this color represents regrowth in a post-pandemic world, mimicking nature’s resiliency.
 

8/13/2021
PPG completes COLORFUL COMMUNITIES project at TEDA Nursery School in Tianjin

TIANJIN, China, Aug. 13, 2021 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES^® project at TEDA Nursery School in Tianjin, China. The project brought together nearly 30 volunteers from PPG’s Tianjin site, who spent almost 60 hours revitalizing and beautifying the school’s exterior.

8/9/2021
PPG Recognized for Environmental, Social and Governance (ESG) Practices; Named to FTSE4Good Index Series for Third Consecutive Year

PITTSBURGH--(BUSINESS WIRE)-- PPG (NYSE:PPG) recently announced that it has been named to the FTSE4Good Index Series for the third consecutive year. The index measures the performance of companies’ environmental, social and governance (ESG) practices.

7/21/2021
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.

6/28/2021
PPG launches 2021 University Talent Power Program in China

SHANGHAI, June 28, 2021 – PPG (NYSE:PPG) today announced the launch of its 2021 University Talent Power Program in China. Through its continuing partnership with non-profit organizations Give2Asia and Live2Give, the company will invest more than RMB 1 million (approximately US$150,000) in PPG Career Intelligence Class events at 15 Chinese universities and a scholarship program at 10 of the schools.

6/11/2021
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.

5/28/2021
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.

5/13/2021
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.

4/26/2021
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.

4/20/2021
PPG reports increased sales of sustainably advantaged products, continued progress on sustainability goals
PITTSBURGH, April 20, 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.

4/16/2021
PPG reports record first quarter 2021 financial results

PITTSBURGH, April 16, 2021 – PPG (NYSE:PPG) today reported first quarter 2021 net sales of approximately $3.9 billion, approximately 15% higher than the prior year. Selling prices increased by nearly 2% and sales volumes were higher by approximately 7% year over year. Favorable foreign currency translation impacted net sales by more than 3%, or about $110 million, and acquisition-related sales contributed nearly 3% of the sales growth.

3/27/2021
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.

3/11/2021
PPG publishes digital 2020 Annual Report

PITTSBURGH, Mar. 11, 2021 – PPG (NYSE:PPG) published its 2020 Annual Report to shareholders.

The 2020 report is available in a digital-first format, with the abbreviated print report directing readers to 2020annualreport.ppg.com. The report includes a dynamic layout, videos and colorful imagery for an engaging user experience. 

2/25/2021
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.

2/22/2021
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.

2/6/2021
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.

1/22/2021
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.

1/14/2021
PPG completes COLORFUL COMMUNITIES project at Anuban Khehabangplee School in A. Bangsaothong Samutprakarn, Thailand
A. BANGSAOTHONG SAMUTPRAKARN, Thailand, Jan 14, 2021 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project in A. Bangsaothong Samutprakarn, Thailand, that helped revitalize the Anuban Khehabangplee School. The project brought together approximately 30 volunteers from PPG and the school, who spent more than 90 hours beautifying and renovating the building’s fence and walls.

1/13/2021
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.

1/13/2021
TAUBMANS paint by PPG releases ‘Chromatic Joy’ palettes of positivity for bright 2021
MELBOURNE, Australia, Jan. 11, 2021 – Refresh, reinvigorate and recharge with the colours of “Chromatic Joy” from TAUBMANS^® paint by PPG – the brand’s uplifting colour collection for 2021-22 that boasts 32 original, home-grown hues created with the Taubmans COLOURSMITH^® app and Coloursmith Reader.
 

12/22/2020
PPG to acquire Tikkurila, a leading Nordic paint and coatings company

PITTSBURGH, Dec. 22, 2020 – PPG (NYSE: PPG) today announced that it has entered into a definitive agreement to acquire Tikkurila (NASDAQ OMX: TIK1V) in an all-cash transaction. Under the terms of the agreement, PPG will commence a tender offer to acquire all of the issued and outstanding stock of Tikkurila. Pursuant to the offer, Tikkurila shareholders will receive €25.00 in cash for each share of Tikkurila stock they own, for a total transaction value of approximately €1.1 billion, including the assumption of debt and cash. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions.
 

12/3/2020
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.

12/1/2020
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.

11/2/2020
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.

10/23/2020
PPG reports third quarter 2020 financial results

PITTSBURGH, October 22, 2020-- PPG (NYSE:PPG) today reported third quarter 2020 net sales of about $3.7 billion, down approximately 4% versus the prior year. Selling prices increased by 1.3%. Sales volumes were down about 5% versus the prior year, which reflect ongoing negative economic impacts of the COVID-19 pandemic. Acquisition-related sales added less than 1% to sales growth, and the year-over-year impact from foreign currency translation was minimal.

9/21/2020
PPG launches low-VOC waterborne coating system for China refinish market

SHANGHAI, Sept. 15, 2020 – PPG (NYSE: PPG) today announced that its automotive refinish business in China launched a new waterborne coating system consisting of an epoxy primer, primer surfacer and clearcoat. The system complies with new environmental and volatile organic compound (VOC) standards in China that will take effect in December 2020.

9/16/2020
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.

9/7/2020
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.

9/4/2020
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.

8/3/2020
TAUBMANS paint by PPG releases game-changing COLOURSMITH colour-creation technology
MELBOURNE, Australia, 3 Aug, 2020 – TAUBMANS^® paint by PPG today released its revolutionary COLOURSMITH^™ app and website, which allow consumers to create their own bespoke paint colours from a physical or visual source using a seamless integration of colour matching and visualisation technologies.
 

7/20/2020
PPG INNOVEL non-BPA packaging coatings selected for China’s iconic JDB herbal tea

7/17/2020
PPG-reports-second-quarter-2020-financial-results

PITTSBURGH, July 17, 2020-- PPG (NYSE: PPG) today reported second quarter 2020 net sales of $3.0 billion, down approximately 25% versus the prior year. Selling prices increased by nearly 2%. Sales volumes were down 24% versus the prior year. The lower sales volumes reflect the negative economic impacts of the COVID-19 pandemic. Unfavorable foreign currency translation impacted net sales by more than 3%, or about $135 million, and acquisition-related sales, net of divestitures, added less than 1% to sales growth.

6/10/2020
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.
 

6/9/2020
TAUBMANS paint by PPG collaborates with James Treble on historic home renovation

MELBOURNE, Australia, June 3, 2020 – TAUBMANS^® paint by PPG today announced the brand’s collaboration with interior designer James Treble on a unique project to restore and renovate the historic Taubman’s House that was built around 1908 by the paint brand’s founder, George Henry Taubman.

5/21/2020
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).

4/30/2020
PPG reports first quarter 2020 financial results

PITTSBURGH, April 30, 2020 – PPG (NYSE: PPG) today reported first quarter 2020 net sales of about $3.4 billion, down approximately 7% versus the prior year. Selling prices increased more than 1%. Sales volumes were down 8% versus the prior year, in aggregate, including an estimated impact of the COVID-19 pandemic of $225 million, or about 6%. Unfavorable foreign currency translation impacted net sales by more than 2%, or about $75 million, and acquisition-related sales, net of divestitures, added about 2% to sales growth.

4/23/2020
PPG continues sustainability progress to protect and beautify the world; publishes 2019 report

PITTSBURGH, April 23, 2020 – PPG (NYSE: PPG) today published its 2019 Sustainability Report, highlighting the company’s progress toward achieving its 2025 sustainability goals in key environmental, social and governance areas. The report is available at sustainability.ppg.com.

4/15/2020
PPG commits more than $1.5 million to support global COVID-19 relief efforts

PITTSBURGH, April 15, 2020 – PPG (NYSE: PPG) and the PPG Foundation today announced it will contribute more than $1.5 million to organizations supporting immediate community relief efforts and emerging recovery needs amid the impacts of the Coronavirus (COVID-19) crisis.

4/10/2020
PPG donates anti-bacterial coatings to Shanghai Tong Ren Hospital

SHANGHAI, April 10, 2020 – PPG (NYSE:PPG) today announced that it donated more than 290 gallons (1,100 liters) of MASTER’S MARK™ anti-bacterial interior latex coatings by PPG to Shanghai Tong Ren Hospital. The facility will use the coatings to renovate its medical laboratory, fever clinic, negative pressure isolation room and center of disease control.

3/31/2020
PPG to donate 80,000 masks to hospitals in Pittsburgh, New York, Cleveland, Detroit, Huntsville to support coronavirus relief efforts

PITTSBURGH Mar. 31, 2020 – PPG (NYSE:PPG) today announced that it will donate 80,000 masks to hospitals in Pittsburgh, New York, Cleveland, Detroit and Huntsville, Ala., in support of Coronavirus relief efforts.

3/3/2020
PPG, PPG Foundation Invested Nearly $12 Million in Communities Worldwide in 2019

PITTSBURGH Mar. 3, 2020 – PPG (NYSE:PPG) today announced that PPG and the PPG Foundation invested $11.8 million in communities worldwide in 2019. The funds supported community sustainability and educational programming, and highlight PPG’s commitment to supporting communities where its employees live, work and play.

2/26/2020
PPG completes COLOURFUL COMMUNTIES project at Kurrambee School in Sydney
MELBOURNE, Australia, February 19, 2020 – PPG (NYSE:PPG) today announced the completion of a COLOURFUL COMMUNITIES^® project at Kurrambee School in Werrington, Sydney that revitalised the classrooms of the more than 100 special needs students who attend the school. The project brought together more than 45 PPG volunteers, who spent two days transforming the classrooms into fresh and engaging learning spaces.
 

2/24/2020
PPG, employees support coronavirus relief efforts in China

PITTSBURGH, Feb. 24, 2020 — PPG (NYSE:PPG) today announced initiatives to support coronavirus relief efforts in China. The company will donate $143,437 USD (1,000,000 RMB) to the Chinese Red Cross Foundation to assist with mid- to long-term recovery efforts, such as training, mental health assistance or other support for frontline health workers responding to the crisis. The funds also will be used to help vulnerable communities and families recover.

2/6/2020
PPG COLORFUL COMMUNITIES program receives 2019 Charity Project Award at ninth China Charity Festival

BEIJING, Feb. 6, 2020 – PPG (NYSE:PPG) today announced that its COLORFUL COMMUNITIES^® program received the 2019 Charity Project Award at the ninth China Charity Festival for its outstanding contributions in the field of public and community welfare. PPG was the only chemical company to be honored with this award at the ninth China Charity Festival.

 

2/3/2020
PPG to showcase innovative aerospace products, services at Singapore Airshow

SINGAPORE, Feb. 3, 2020 – PPG (NYSE: PPG) today announced that it will highlight its full range of aerospace products and services at the Singapore Airshow at Changi Exhibition Centre in Singapore, Feb. 11-16, 2020.

1/21/2020
PPG reports fourth quarter and full-year 2019 financial results

PITTSBURGH, Jan. 21, 2020 — PPG (NYSE:PPG) today reported fourth quarter 2019 net sales of nearly $3.7 billion, up approximately 1% versus the prior year. Net sales in constant currencies grew about 2% year-over-year, aided by higher selling prices of almost 2%. Sales volumes declined nearly 3% versus the prior year. Unfavorable foreign currency translation impacted net sales by approximately 1%, or about $30 million, and acquisition-related sales, net of divestitures, added nearly 3% to net sales.

1/15/2020
PPG provides scholarships to more than 150 students at 10 universities in China
TIANJIN, China, Jan. 15, 2020 – PPG (NYSE: PPG) today announced that it granted scholarships and science and technology innovation funds to more than 150 students from 10 leading universities across China in 2019. The program is run in partnership with the nonprofit Give2Asia.

1/13/2020
PPG completes COLORFUL COMMUNITIES project in Changning District of Shanghai with unveiling of huge mural

SHANGHAI, Jan. 10, 2020 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES^® project in the Changning District of Shanghai with an unveiling ceremony celebrating a huge mural. Named “Flowers & Doves,” the mural was painted on the exterior walls of two six-story residential buildings in the Changning District.

12/27/2019
PPG showcases latest powder coatings at SAE-China’s 5th China Vehicle Corrosion and Aging Prevention and Fasteners Annual Conference
NANCHANG, China, December 26, 2019 – PPG (NYSE: PPG) today announced that it showcased its latest powder coatings products and processes at the 5th China Vehicle Corrosion and Aging Prevention and Fasteners Annual Conference and New Technology and Equipment Exhibition in Nanchang, China.

12/25/2019
PPG Career Intelligence Class program benefits nearly 4,000 students in 2019

SHANGHAI, December 24, 2019 – PPG (NYSE: PPG) today announced that its 2019 Career Intelligence Class program benefitted nearly 4,000 students at 15 universities in China. Since its launch in 2015, the program has helped empower and prepare more than 9,000 students to enter the workforce through career development and soft-skills training.

12/24/2019
PPG completes COLORFUL COMMUNITIES project at Yishun Family Service Center at Children’s Society in Singapore
SINGAPORE, Dec. 23, 2019 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project at the Yishun Family Service Center at Children’s Society in Singapore. The project brought together more than 65 PPG volunteers, who spent a half day beautifying the center’s Family Place activity area.

12/20/2019
PPG protects world’s largest airport terminal with fire-resistant, sustainably advantaged coatings

12/4/2019
PPG Unveils 2019 Automotive Color Stories, Reporting an Increase in Blue Hues

11/26/2019
PPG ENVIROCRON Extreme Protection Edge powder coatings enter the Chinese market

First-of-its-kind technology offers one-coat edge protection for metal parts subjected to extreme environments

10/29/2019
PPG completes COLORFUL COMMUNITIES project at Community Cultural and Sports Center in China’s Tianjin Airport Economic Area

TIANJIN, China, Oct. 29, 2019 – PPG (NYSE: PPG) today announced the completion of a COLORFUL COMMUNITIES^® project that helped revitalize the Community Cultural and Sports Center in the Tianjin Airport Economic Area in China. Co-sponsored by the Tianjin TEDA Charity Association, the project brought together nearly 60 PPG volunteers and their family members, who spent more than 150 hours beautifying this important community resource for the area’s 50,000 residents.

10/24/2019
PPG reports third quarter 2019 financial results

• Net sales of approximately $3.8 billion, consistent with the prior year and up approximately 2% in constant currencies
• Record third quarter reported earnings per diluted share from continuing operations of $1.54 and adjusted earnings per diluted share from continuing operations of $1.67
• Reported earnings per diluted share growth of 2% year-over-year and adjusted earnings per diluted share growth of 15% year-over-year
• Completed the acquisition of specialty materials manufacturer Dexmet
• Strong improvement in operating cash flow versus 2018 of about $600 million year-to-date; continued strong financial flexibility with approximately $1.5 billion of cash and short-term investments at quarter-end

7/26/2019
PPG to acquire specialty materials manufacturer Dexmet Corporation

PITTSBURGH, July 26, 2019 - PPG (NYSE: PPG) today announced that it has reached a definitive agreement with private equity firm Sverica Capital Management LP to acquire Dexmet Corporation, a manufacturer of specialty materials for surfaces in aerospace, automotive and industrial applications. The company is a leader in several critical application areas, including aircraft lightning strike protection. The transaction is expected to close in the third quarter 2019, subject to customary closing conditions. Financial terms were not disclosed.

6/14/2019
Find ease, restfulness with PPG brand’s 2020 Color of the Year: Chinese Porcelain

CRANBERRY TOWNSHIP, Pa., June 13, 2019 – In a world where sleep is viewed as a luxury and the anxiety of a fast-paced life is all too real, it is only fitting that PPG paint brand’s 2020 Color of the Year, Chinese Porcelain (PPG1160-6), offers escapism in today’s technologically driven society. Hand-selected by PPG’s global color experts, the shade is a blend of cobalt and moody ink blue that imparts calmness and restful sleep while also offering the spirit of hopefulness – a commodity in a restless world.

5/29/2019
PPG Launches Paints with Purpose

PITTSBURGH, May 29, 2019-PPG (NYSE: PPG) recently launched its Paints with Purpose campaign, which will showcase the many unexpected applications of next-generation paint and coatings technologies. These include paints that can cool the temperature of asphalt on a hot day to protect a puppy’s sensitive paws; coatings that can absorb sound or help reduce pollution; paint that helps self-driving cars see; and stain that can be applied even on a cold, wet day.

5/13/2019
PPG awarded 2019 RESPONSIBLE CARE Chairman's Award from Association of International Chemical Manufacturers for second year
SHANGHAI, May 10, 2019 – PPG (NYSE: PPG) today announced that it has received the 2019 RESPONSIBLE CARE^® Chairman's Award from the Association of International Chemical Manufacturers (AICM) for its implementation of the Responsible Care initiative and commitment to sustainability in China. This is the second year that PPG has been honored with the award.
 

4/28/2019
PPG completes COLORFUL COMMUNITIES project at Shepherd’s Field Children’s Village in Tianjin, China

TIANJIN, China, April 27, 2019 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project at Shepherd’s Field Children’s Village in Wuqing, Tianjin, China, that helped revitalize five dormitories. Co-hosted by the Tianjin TEDA Charity Association, the project brought together more than 150 PPG volunteers and their family members who spent 450 hours beautifying the dormitories for the more than children with special needs who live at the facility every year. The volunteers also engaged in games and creative activities with the children.
 

4/24/2019
PPG advances sustainability to protect and beautify the world

PITTSBURGH, April 24, 2019 – PPG (NYSE:PPG) today published its 2018 Sustainability Report, detailing the company’s performance and progress against its 2025 sustainability goals that contribute to its purpose and promise: WE PROTECT AND BEAUTIFY THE WORLD™.

4/23/2019
PPG reports first quarter 2019 financial results

4/19/2019
PPG completes acquisition of automotive coatings manufacturer Hemmelrath

PITTSBURGH, April 18, 2019 – PPG (NYSE: PPG) today announced that it has completed its acquisition of automotive coatings manufacturer Hemmelrath. Financial terms were not disclosed.

 

4/4/2019
PPG announces price increase on automotive refinish products in China

SHANGHAI, April 4, 2019 – PPG (NYSE:PPG) today announced that it has implemented a price increase for its automotive refinish products in China. The change was effective April 1, 2019 and impacts automotive refinish coatings products in China, as contracts permit.

3/22/2019
PPG vice president delivers lecture at UNEP-Tongji Institute of Environment for Sustainable Development

SHANGHAI, March 21, 2019 – PPG (NYSE:PPG) today announced that Mark Cancilla, PPG vice president, environment, health and safety (EHS), delivered a lecture on sustainable development for multinational enterprises at the UNEP-Tongji Institute of Environment for Sustainable Development (IESD) in Shanghai.

2/21/2019
PPG, PPG Foundation Invested More than $9 Million in Communities Worldwide in 2018

PITTSBURGH, Feb. 21, 2019 –PPG (NYSE: PPG) recently announced that PPG and the PPG Foundation invested more than $9 million in communities worldwide in 2018. The funds, which support community sustainability and educational programming, will positively impact hundreds of community organizations in 28 countries where PPG employees live, work and play.

1/22/2019
PPG Announces Full-Year 2019 Financial Guidance

PITTSBURGH, Jan. 21, 2019 –PPG (NYSE: PPG) recently announced certain targets for 2019. The operational and financial metrics are supported by PPG’s strategic initiatives to enhance shareholder value, and are expected to drive performance this year and beyond. The Board and management team are strongly aligned and accountable for shareholder value creation and are committed to achieving these targets.

1/22/2019
PPG Reports Fourth Quarter and Full-Year 2018 Financial Results

PITTSBURGH, Jan. 21, 2019 –PPG (NYSE: PPG) recently reported fourth quarter 2018 net sales of approximately $3.6 billion, down 1 percent versus the prior year. Net sales in constant currencies grew about 2 percent year-over-year aided by higher selling prices of more than 2 percent. Sales volumes were down 1 percent versus the prior year in aggregate. Unfavorable foreign currency translation impacted net sales by approximately 3 percent, or about $110 million, and acquisition-related sales, net of divestitures, added less than 1 percent to sales growth.

1/9/2019
PPG to Acquire Automotive Coatings Manufacturer Hemmelrath

PITTSBURGH, Jan. 9, 2019 –PPG (NYSE: PPG) recently announced that it has reached a definitive agreement to acquire automotive coatings manufacturer Hemmelrath. The transaction is expected to close in the first half of 2019, subject to customary closing conditions. Financial terms were not disclosed.

12/29/2018
PPG awards more than 200 scholarships at 11 Chinese universities in 2018 through PPG University Talent Power Program
SHANGHAI, China, Dec. 29, 2018 –PPG (NYSE:PPG) recently announced that it granted in excess of RMB 750,000 ($110,000) in scholarships and science and technology innovation funds to more than 200 students from 11 Chinese universities as a part of its 2018 PPG University Talent Power Program. The company also expanded its career counseling services to 15 universities in 2018.

12/20/2018
PPG to Acquire Global Coatings Manufacturer Whitford Worldwide

PITTSBURGH, Dec. 20, 2018 –PPG (NYSE:PPG) recently announced that it has reached a definitive agreement to acquire Whitford Worldwide Company (“Whitford”), a global manufacturer that specializes in low-friction and nonstick coatings for industrial applications and consumer products. The transaction is expected to close in the first quarter 2019, subject to customary closing conditions. Financial terms were not disclosed.

 

12/14/2018
PPG to Invest in Automated Dispense Cell Manufacturing for Automotive Parts and Accessories

PITTSBURGH, Dec. 14, 2018 – PPG (NYSE: PPG) recently announced that it is increasing its investment in automated dispense cell manufacturing of paint and related coatings for the automotive parts and accessories decorative (APAD) space. Financial details are not being disclosed.

11/30/2018
PPG to invest $1.7 million in Kunshan, China, coatings manufacturing facility

KUNSHAN, China, Nov. 30, 2018 – PPG (NYSE: PPG) today announced a $1.7 million (RMB12 million) investment in a new dispense cell at its Kunshan, China, coatings manufacturing facility. The new cell, expected to be fully operational in January 2019, will increase production flexibility and productivity at the site, while also delivering significant cost savings, shortened delivery cycles and reduced emissions.

11/29/2018
PPG and Lomon Billions extend and expand titanium-dioxide supply relationship

PITTSBURGH, Nov. 29, 2018 – PPG (NYSE:PPG) and Lomon Billions recently announced an expanded, multi-year titanium-dioxide (TiO₂) supply agreement. Under the agreement, Lomon Billions will supply additional quantities of chloride- and sulfate-based TiO₂ to PPG from Lomon Billions’ existing manufacturing capacity. In addition, PPG has committed to purchasing additional supplies of chloride-based TiO₂ from new manufacturing capacity that is currently being constructed by Lomon Billions and is expected to be on line in 2019. Lomon Billions is one of the world’s leading TiO₂ suppliers. Commercial terms of the agreement were not disclosed.

11/26/2018
PPG highlights innovative coatings technologies for consumer electronics market at C-TOUCH & DISPLAY SHENZHEN 2018

SHENZHEN, China, Nov. 22, 2018 — PPG (NYSE:PPG) today announced that it will showcase its full range of coatings for consumer electronics display technologies at C-TOUCH & DISPLAY SHENZHEN 2018, Nov. 22 to 24 at the Shenzhen Convention & Exhibition Center.

11/1/2018
PPG Forecasts Growth in Green Automobiles in 2018 and Beyond

PITTSBURGH, Nov. 1, 2018 –PPG (NYSE:PPG) recently announced its automotive color trends data, noting a rise in popularity for green automobiles globally.

10/25/2018
PPG Announces Global Price Increase for Automotive OEM Coatings

PITTSBURGH, Oct. 11, 2018 –PPG (NYSE:PPG) recently announced a global price increase at an average of 10 percent depending on product line and region for all automotive original equipment manufacturer (OEM) products, including coatings, adhesives and sealants. The changes will take effect November 1, 2018, or as permissible by contract.

10/24/2018
PPG在广州南沙区成功举办“多彩社区”活动
中国广州，2018年10月23日 – 近日，PPG（纽约证券交易所代码：PPG）“多彩社区”活动在广州市南沙区成功举办，帮助美化了黄阁镇敬老院大门及周边围墙。“多彩社区”项目旨在通过员工志愿服务、涂料捐赠以及慈善捐助等方式，为PPG全球经营所在的社区带来色彩和活力。本次举行活动的广州市是PPG南沙工厂所在地，该工厂主要生产工业涂料。
 

10/24/2018
PPG completes COLORFUL COMMUNITIES project in Nansha District of Guangzhou, China
GUANGZHOU, China, Oct. 23, 2018 – PPG (NYSE:PPG) recently announced the completion of a COLORFUL COMMUNITIES™ project in the Nansha District in Guangzhou, China, that helped revitalize the gate and fence of the Huangge Senior Citizens Nursing Home. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Nansha, where PPG has an industrial coatings facility.
 

10/23/2018
PPG公布2018年第三季度财报

• 第三季度净销售额约为38亿美元，同比增长1%，以当地货币结算的销售额同比攀升3%
• 持续经营业务每股摊薄收益为1.51美元
• 持续经营业务调整后摊薄每股收益为1.45美元
• 公司继续上调销售价格，并加快落实业务重组，在一定程度上抵消了原材料和物流成本持续攀升的不利影响
• 第三季度回购2.5亿美元的公司股票，年初至今股票回购金额达13亿美元
• 公司计划第四季度将斥资10亿美元用于收购项目和股票回购

10/23/2018
PPG Appoints Vincent Robin as President, Asia Pacific Region, and Vice President, Automotive OEM Coatings, Asia Pacific
PITTSBURGH, Oct. 23, 2018 –PPG (NYSE:PPG) recently announced the appointment of Vincent Robin as president, Asia Pacific region, effective January 1, 2019, in addition to his current role as vice president, automotive original equipment manufacturer (OEM) coatings, Asia Pacific. Robin will replace Mike Horton, current president, Asia Pacific region, and vice president, protective and marine coatings (PMC), who has announced his intent to retire, effective January 1.

10/23/2018
PPG Reports Third Quarter 2018 Financial Results

• Reported net sales of approximately $3.8 billion, up 1 percent versus the prior year and up 3 percent in constant currencies
• Reported earnings per diluted share from continuing operations of $1.51
• Adjusted earnings per diluted share from continuing operations of $1.45
• Continued to implement higher selling prices and execute restructuring actions, which partially offset persistent raw material and elevating logistics cost inflation
• Share repurchases of $250 million in the third quarter and $1.3 billion year to date
• Fourth quarter cash deployment target of $1 billion for acquisitions and share repurchases

10/11/2018
PPG Announces Global Price Increase for Automotive OEM Coatings

PITTSBURGH, Oct. 11, 2018 –PPG (NYSE:PPG) recently announced a global price increase at an average of 10 percent depending on product line and region for all automotive original equipment manufacturer (OEM) products, including coatings, adhesives and sealants. The changes will take effect November 1, 2018, or as permissible by contract.

8/30/2018
PPG to build new paint and coatings research and development center in Tianjin, China

TIANJIN, China, Aug. 29, 2018 – PPG (NYSE:PPG) today announced it has acquired land in Tianjin, China where it plans to build a new, state-of-the-art paint and coatings research and development (R&D) center. Plans for the facility, which will be located in the Tianjin Economical and Technological Development Area (TEDA) and is scheduled to be completed in 2021, are currently being finalized.

7/23/2018
PPG Reports Second Quarter 2018 Financial Results

PITTSBURGH, July 23, 2018 –PPG (NYSE:PPG) recently reported second quarter 2018 net sales of about $4.1 billion, up nearly 9 percent versus the prior year. Net sales in local currencies grew approximately 6 percent year-over-year aided by higher selling prices of more than 2 percent, sales volume growth of more than 3 percent and acquisition-related sales, net of divestitures, of nearly 1 percent. Favorable foreign currency translation improved net sales by more than 2 percent, or about $93 million.

7/16/2018
PPG Marks 135th Anniversary of Its Founding With NYSE Closing Bell Ceremony

PITTSBURGH, July 13, 2018 – PPG (NYSE:PPG) recently marked the 135th anniversary of its founding with Michael H. McGarry, PPG chairman and chief executive officer, and members of the company’s leadership team ringing the bell to signal the close of business on the New York Stock Exchange (NYSE).

7/13/2018
PPG waterborne coatings facilitate growth of China’s new-energy vehicle market
SHANGHAI, China, July 13, 2018 – PPG (NYSE:PPG) recently announced that it has become a featured provider of coatings and unique car colors for new-energy vehicles (NEV) manufactured by China’s leading automobile manufacturers, including SAIC General Motors, BYD, Weltmeister and Yudo Auto. NEVs featuring PPG coatings were introduced at the recent Auto China 2018.

 

7/13/2018
PPG completes COLORFUL COMMUNITIES project at Tianjin Economic-Technological Development Area
TIANJIN, China, July 12, 2018 – PPG (NYSE:PPG) recently announced the completion of a COLORFUL COMMUNITIES™ project that helped revitalize buildings and public spaces in Fortune Plaza at the Tianjin Economic-Technological Development Area (TEDA). The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as at TEDA, where PPG has an automotive and industrial coatings facility.

 

7/10/2018
PPG introduces next-generation PPG ENVIRO-PRIME 8000 electrocoat in China
TIANJIN, China, July 6, 2018 – PPG (NYSE: PPG) today announced the debut of PPG ENVIRO-PRIME® 8000 – a next-generation electrocoat (e-coat) primer – to automotive original equipment manufacturers (OEMs) serving the Chinese market.
 

6/1/2018
PPG highlights battery coating innovations at China International Battery Fair
SHENZEN, China, May 30, 2018 – PPG (NYSE:PPG) recently announced that it showcased its growing portfolio of battery coatings for battery electric and hybrid electric vehicles during the China International Battery Fair (CIBF), May 22-24, 2018, at the Shenzhen Convention and Exhibition Center in Shenzhen, China. CIBF is one of the world’s largest expositions for the battery and energy storage markets, comprising 4,500 booths from more than 1,500 exhibitors.
 

5/30/2018
PPG completes COLORFUL COMMUNITIES project in Suzhou
SUZHOU, China, May 28, 2018 –PPG (NYSE:PPG) recently announced the completion of a COLORFUL COMMUNITIES™ project that helped revitalize a community garden and nearby buildings in the historic Shishan community in Suzhou, Jiangsu Province, China. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Suzhou, where PPG has manufacturing facilities for packaging coatings and powder coatings, an aerospace application support center and a technical center.

 

5/17/2018
PPG highlights versatile packaging coatings solutions at Cannex & Fillex Asia Pacific

GUANGZHOU, China, May 16, 2018 – PPG (NYSE:PPG) today announced that it will highlight its latest innovations in metal packaging coatings at Cannex & Fillex Asia Pacific in Guangzhou, China, May 15-18.

4/28/2018
PPG reports sustainability progress, new 2025 goals

PITTSBURGH, April 27, 2018 – PPG (NYSE:PPG) recently released its 2017 Corporate Sustainability Report, which details the company’s continued progress in strengthening its sustainable operations in 2017 and the launch of new, aggressive sustainability goals it aims to achieve by 2025. The report is available at sustainability.ppg.com.

4/25/2018
PPG reports first quarter 2018 financial results

• Net sales of approximately $3.8 billion, up nearly 9 percent versus prior year
• Reported earnings per diluted share from continuing operations of $1.38
• Adjusted earnings per diluted share from continuing operations of $1.39, up over 4% percent from prior year
• Momentum continues on achieving higher selling prices to offset inflation
• On-going cost management continued; selling, general and administrative costs declined by 140 basis points as a percentage of sales versus first quarter 2017
• Share repurchases of $600 million in the first quarter; commitment remains to deploy at least $2.4 billion on acquisitions and share repurchases in 2018

4/16/2018
PPG announces global price increase for protective and marine coatings
PITTSBURGH, April 13, 2018 – PPG (NYSE: PPG) recently announced that it is raising prices globally for protective and marine coatings products. The increases will take effect immediately or as existing customer contracts allow.

2/24/2018
PPG and the PPG Foundation invested $10.5 million in communities across the globe in 2017

PITTSBURGH, Feb. 24, 2018 – PPG (NYSE:PPG) recently announced that PPG and the PPG Foundation invested more than $10.5 million in communities worldwide in 2017. The funds, which support community sustainability and educational programming, will positively impact hundreds of community organizations in 29 countries where PPG employees live, work and play.

2/12/2018
PPG opens industrial wood coatings research and development lab at Springdale facility
Facility focuses on coatings development for flooring, cabinets, other interior building materials
 
PITTSBURGH, Feb. 8, 2018 – PPG (NYSE:PPG) recently announced the opening of a wood coatings research and development lab at its Springdale, Pennsylvania, facility. The lab is dedicated to developing industrial coatings for wood products, such as flooring, kitchen cabinets, millwork, molding and doors, used in the interior of commercial and residential buildings.
 

1/25/2018
PPG reports fourth quarter and full-year 2017 financial results
PITTSBURGH, Jan. 23, 2018 - PPG (NYSE:PPG) recently reported fourth quarter 2017 net sales of approximately $3.7 billion, up nearly 8 percent versus the prior year. Sales volumes increased by 3 percent year-over-year and selling prices improved sequentially for the third consecutive quarter, adding less than 1 percent to sales growth. Favorable foreign currency translation improved net sales by more than 3 percent, or about $115 million, and acquisitions-related sales, net of divestitures, added less than 1 percent to sales growth.
 

1/8/2018
PPG to acquire architectural paint and coatings wholesaler ProCoatings

PITTSBURGH, Jan. 5, 2018 - PPG (NYSE:PPG) recently announced that it has reached a definitive agreement to acquire ProCoatings, a leading architectural paint and coatings wholesaler located in The Netherlands. PPG expects the transaction to close in the first quarter 2018, subject to customary closing conditions. Financial terms of the transaction were not disclosed.

 

12/15/2017
PPG awards more than 110 scholarships in 2017 through PPG University Talent Power Program

SHANGHAI, Dec. 15, 2017 – PPG (NYSE: PPG) today announced that it granted in excess of RMB 770,000 ($116,000) for more than 110 scholarships and career counseling services at 11 Chinese universities in 2017 in partnership with nonprofit Give2Asia. The initiatives are part of the PPG University Talent Power Program.

12/4/2017
PPG earns prestigious R&D 100 awards for paints, coatings and adhesives technologies for automotive and building construction

PITTSBURGH, Dec. 1, 2017 –PPG (NYSE: PPG) recently announced that two of its paints, coatings and adhesives technologies have earned 2017 R&D 100 awards in the Mechanical Devices/Materials category. PPG’s Premium Compact Process Primer and LIQUID NAILS® FUZE*IT® All Surface adhesive received top marks according to judges for the 55^th annual awards.

11/10/2017
PPG celebrates 50th anniversary of PPG DURANAR coatings at Shanghai event

SHANGHAI, Nov. 8, 2017 – PPG (NYSE: PPG) recently celebrated the 50th anniversary of PPG DURANAR® coatings at an event in Shanghai that was attended by more than 100 property owners, designers, consultants, curtain wall manufacturers, painting experts and media representatives.

11/6/2017
PPG Reports Third Quarter 2017 Financial Results
PITTSBURGH, October 25, 2017 – PPG (NYSE:PPG) recently reported third quarter 2017 net sales of approximately $3.8 billion, up more than 3 percent versus the prior year. Sales volumes, including the unfavorable impact of several natural disasters, grew by nearly 1 percent. Prior to the natural disasters, PPG’s quarterly volume growth was tracking ahead of the growth rate for the first six months of the year. Selling prices improved modestly year-over-year for the second consecutive quarter. Favorable foreign currency translation improved net sales by nearly 2 percent, or about $65 million.

 

11/1/2017
PPG expects more blue automobiles on the road in 2018 and beyond

PITTSBURGH, Oct. 31, 2017 – PPG (NYSE: PPG) recently unveiled its automotive color trends and data, citing blue as the fastest-growing color for automobiles across the world.

10/23/2017
PPG completes COLORFUL COMMUNITIES project in Shanghai’s Changning District
SHANGHAI, Oct. 18, 2017 – PPG (NYSE:PPG) recently announced the completion of a COLORFUL COMMUNITIES™ project in Shanghai that helped revitalize the fence along Anhua Road in the Changning District. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Shanghai, where PPG has its China headquarters, two Architectural Coatings facilities and one Refinish Coatings plant.

 

9/13/2017
PPG Completes Sale of Remaining Fiberglass Operations to Nippon Electric Glass
PITTSBURGH, Sept. 12, 2017 – PPG (NYSE:PPG) today announced that it has completed the sale of its remaining fiberglass operations to Nippon Electric Glass Co. Ltd. (NEG), a leading manufacturer of fiberglass. Pre-tax proceeds from the sale were approximately $541 million, subject to customary post-closing adjustments.

 

8/29/2017
PPG completes COLORFUL COMMUNITIES project at Shanghai middle school
SHANGHAI, Aug. 29, 2017 – PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES™ project that revitalized a playground fence at the Lida Middle School in Shanghai’s Songjiang District. The Colorful Communities program provides PPG volunteers and products, along with financial contributions, to bring color and vitality to communities where the company operates around the world, such as the Songjiang District, where PPG has an architectural and refinish coatings plant.

 

7/26/2017
PPG reports second quarter 2017 financial results

• Net sales of $3.8 billion, up about 1 percent versus prior year
• Reported earnings per diluted share from continuing operations of $1.95
• Adjusted earnings per diluted share from continuing operations of $1.83, up 6 percent versus prior year including unfavorable impact from foreign currency
• Initial selling price increases underway to address raw material cost inflation
• Aggressive cost management; further benefits from 2016 restructuring program
• Minimum of $3.5 billion of earnings-accretive focused cash deployment targeted in 2017 and 2018 combined

7/21/2017
PPG hosts fourth PPG China Industrial Electrocoat Conference in Changsha
CHANGSHA, China, July 19, 2017 – PPG (NYSE: PPG) today hosted the fourth PPG China Industrial Electrocoat Conference in Changsha, Hunan Province, China. The two-day event attracted more than 100 industrial electrocoat experts from government, design institutes and equipment manufacturers, as well as members of the trade media.

 

6/19/2017
PPG COLORFUL COMMUNITIES project brings color to Wuhu School for the Blind
WUHU, China, June 19, 2017 – PPG (NYSE: PPG) recently announced the completion of a COLORFUL COMMUNITIES™ project that renovated the dormitory and school corridor of the Wuhu School for the Blind in Anhui province, China. The project, part of PPG’s global community engagement efforts, involved local government officials, the media and nearly 120 volunteers from PPG’s Wuhu plant and its customer Chery. This marks the first Colorful Communities project that PPG has held jointly with a customer in the Asia Pacific region.

 

6/12/2017
Avant-garde color solutions by PPG add glamour to Chevrolet all-purpose sports concept car
SHANGHAI, June 12, 2017 – The Chevrolet FNR-X, the first all-purpose sports concept vehicle from SAIC General Motors, made its world premiere at Auto Shanghai 2017. Its stylized and sophisticated appearance impressed the audience, including brilliant metallic color care of the PPG (NYSE: PPG) automotive original equipment manufacturer (OEM) color styling team.
 

6/2/2017
PPG reaches agreement with Nippon Electric Glass for sale of remaining fiberglass operations
PITTSBURGH, June 2, 2017 – PPG (NYSE:PPG) recently announced that it has reached a definitive agreement to sell its remaining fiberglass operations to Nippon Electric Glass Co. Ltd. (NEG), a leading manufacturer of fiberglass. The transaction is expected to close in the second half of 2017, subject to customary closing conditions. Pre-tax proceeds from the sale are approximately $545 million, and are subject to customary closing adjustments.
 

6/2/2017
PPG announces decision to withdraw proposal and not pursue offer for AkzoNobel
PITTSBURGH, June 2, 2017 – PPG (NYSE:PPG) yesterday announced that it has withdrawn its proposal to combine with AkzoNobel (AKZA.AS:AKZOY) and will not pursue a public offer for all the issued and outstanding shares of AkzoNobel. PPG made the final decision after careful consideration, including the stakeholder interests of both companies.
 

5/18/2017
PPG waterborne coatings with ANDARO pigment bring brilliance to new BYD models at Auto Shanghai 2017
SHANGHAI, May 17, 2017 – PPG (NYSE:PPG) announced today that its automotive original equipment manufacturer (OEM) color styling team in China created two distinctive colors of waterborne coatings for BYD that the Chinese automaker featured on vehicles unveiled during Auto Shanghai 2017 – its Dynasty concept vehicle, and a new seven-passenger version of its flagship Song model.
 

5/16/2017
PPG makes statement regarding AkzoNobel

PITTSBURGH, May 12, 2017 – PPG (NYSE:PPG) recently issued the following statement in connection with its proposal to AkzoNobel (AKZA.AS:AKZOY) to form a combined company:

5/9/2017
PPG highlights reduced emissions, waste and energy use in 2016
PITTSBURGH, April 21, 2017 – PPG (NYSE:PPG) recently announced that it achieved its goals to reduce greenhouse gas (GHG) emissions and waste four years ahead of its 2020 target. The company made the announcement as it released its 2016 Corporate Sustainability Report, which details PPG’s progress toward achieving its 2020 sustainability goals. The report is available at sustainability.ppg.com.

4/27/2017
PPG reports first quarter 2017 financial results

PITTSBURGH, April 26, 2017 – PPG (NYSE:PPG) recently reported first quarter 2017 net sales of about $3.6 billion, up 1 percent versus the prior year. Net sales in local currencies grew nearly 3 percent year-over-year, aided by sales volume growth of 2 percent. The net impact from business portfolio actions contributed less than 1 percent to net sales, as acquisition-related net sales modestly exceeded divested net sales stemming from the sale of the European fiber glass business in October 2016. Selling prices were flat, an improvement versus prior sequential quarters. Unfavorable foreign currency translation impacted net sales by nearly 2 percent, or about $65 million.

4/26/2017
PPG highlights 2016 community engagement efforts, nearly $10 million in giving

PITTSBURGH, April 25, 2017 – PPG (NYSE:PPG) recently published a report highlighting its 2016 community engagement initiatives. PPG and the PPG Foundation provided nearly $10 million in financial support for global charitable activities. The report and a fact sheet detailing PPG’s efforts in 2016 are available at www.ppgcommunities.com.

4/12/2017
PPG acquires remaining interest in IVC joint venture in Asia

PITTSBURGH, April 12, 2017 – PPG (NYSE:PPG) recently announced that it has purchased the remaining 50 percent ownership interest in its Asian joint venture comprising IVC (Malaysia) Sdn Bhd and IVC-OPS (Singapore) Pte. Ltd. from its joint-venture partner, Omni-Plus System Pte. Ltd. Financial terms were not disclosed.

3/24/2017
PPG makes revised proposal to combine with AkzoNobel
 

• Proposal of €90.00 (cum dividend) per ordinary share is a 40 percent premium to the unaffected AkzoNobel stock price of March 8, 2017
• PPG has provided its proposal to the Boards of AkzoNobel and has repeatedly offered to meet to discuss the proposal and negotiate a recommended transaction
• AkzoNobel refused to meet and rejected PPG’s significantly enhanced proposal one day after it was delivered
• PPG has advised AkzoNobel that there are clear paths to regulatory approval based on the broad, complementary geographic footprint of the businesses, and AkzoNobel has rejected PPG’s proposal that the companies’ respective antitrust experts meet to confirm approach
• Combined company to maintain a solid investment grade credit rating
• Combined company enhances global breadth and financial growth prospects
• Compelling opportunity with benefits for stakeholders of both companies
• Comprehensive proposal addresses all relevant non-financial matters to the benefit of AkzoNobel and its stakeholders
• PPG remains willing to meet with AkzoNobel

 
PITTSBURGH, March 24, 2017 – PPG (NYSE:PPG) announced recently that it made a revised proposal on March 20, 2017 to acquire Akzo Nobel N.V. (AKZA.AS; AKZOY) for €90.00 (cum dividend) per ordinary share, comprised of cash of €57.50 and 0.331 share of PPG common stock. This represents an increase of €7.00 per ordinary share from PPG’s initial offer. Including the assumption of net debt and minority interests, the proposed transaction is valued at approximately €24.5 billion, or $26.3 billion.
 
PPG was informed yesterday that AkzoNobel rejected this latest proposal. To date, the Boards of AkzoNobel have not accepted PPG’s multiple invitations to discuss its proposals and negotiate a recommended transaction.
 
PPG believes this revised proposal strengthens a very attractive and highly compelling opportunity for both AkzoNobel and PPG, their respective shareholders and other stakeholders, and comprehensively addresses all relevant non-financial matters. PPG continues to believe strongly that a combination of the two companies presents a unique opportunity to build on the heritage and legacies of the respective businesses, and that the combination is in the best interest of both companies’ shareholders and other stakeholders.
 
Michael McGarry, Chairman and CEO of PPG, said, “We believe the revised proposal presents an opportunity for AkzoNobel’s shareholders to realize extraordinary value, by any measure, for their shares in AkzoNobel. It provides them with a premium valuation and the opportunity to receive substantial and immediate cash consideration and participate in the success of the enterprise through ownership of shares in the combined company.”
 
The €90.00 (cum dividend) per ordinary share proposal would provide a 40 percent premium to AkzoNobel shareholders based on AkzoNobel’s unaffected closing stock price of €64.42 on March 8, 2017, and is 39 percent above AkzoNobel’s 52-week high stock price prior to disclosure of PPG’s earlier proposal. The acquisition is expected to be immediately accretive to PPG’s earnings per share, excluding expected one-time transaction related costs, and value enhancing to PPG’s shareholders. PPG’s revised proposal provides a premium valuation for all of AkzoNobel as presently constituted, including the coatings businesses and the specialty chemical business.
 
PPG’s revised proposal reflects annual run rate synergies of at least $750 million, which could be achieved from a combination of the two companies. A substantial portion of these synergies relate to raw material purchasing, supply-chain management and optimizing distribution networks based upon PPG’s experience in acquiring AkzoNobel’s North American Decorative Coatings business.
 
“A combination of PPG and AkzoNobel would result in enhanced financial growth prospects for the combined company in the coming years, which will also accrue to the benefit of all stakeholders of the combined business,” McGarry said. “PPG has continued to carefully consider the interests of all AkzoNobel stakeholders, including shareholders, employees, customers and the communities it serves. We look forward to the opportunity to engage in dialogue with AkzoNobel leadership, members of its supervisory board and other stakeholders to further discuss the merits of this revised proposal, negotiate a transaction and work together towards an agreement on mutually acceptable terms. We are respectful of the questions and concerns that have been raised and look forward to addressing these in a collaborative manner.
 
“We are hopeful that AkzoNobel engages with us promptly in order to further discuss and explore the benefits of a combination for its stakeholders, including substantial commitments regarding employees in The Netherlands, research and development and sustainability.”
 
Terms of the Revised Proposal
 
PPG continues to believe that its initial proposal presented a unique and compelling value for AkzoNobel and its shareholders. Under its comprehensive revised proposal, PPG would acquire all of AkzoNobel’s outstanding ordinary shares (including ordinary shares represented by American depositary shares), at a value of €90.00 (cum dividend), consisting of €57.50 in cash and 0.331 share of common stock of PPG per outstanding ordinary share (or for each three American depositary shares). The total value of €90.00 is based on PPG’s closing stock price of $105.57 and the prevailing exchange rate ($1.074/Euro) on March 20, 2017.
 
PPG’s revised proposal represents:

• A value for the total outstanding equity of AkzoNobel of approximately €22.7 billion;
• A premium of 40 percent over the unaffected closing price of AkzoNobel of €64.42 on March 8, 2017;
• A premium of 39 percent over the 52-week high unaffected closing price of AkzoNobel of €64.81 on March 2, 2017;
• A premium of 45 percent over the volume weighted average price per AkzoNobel share of €62.07 over the three months ending March 8, 2017;
• A premium of 32 percent over the unaffected 12-month median broker target price per AkzoNobel share of €68.00; and
• An attractive implied EV/EBITDA multiple of 11.6x for 2016 (based on 2016 reported financials).

Strategic Rationale to Combine Companies
 
Strategically, the combination of AkzoNobel and PPG would create an enhanced global paints, coatings and specialty materials company, combining complementary products, technologies and geographies, and would:
 

• Create a stronger competitor in a highly competitive global marketplace, offering a broader line of products and technologies cost-effectively to a more diverse customer base;
• Establish an expanded portfolio of flagship technologies and brands, including combining PPG’s electrocoat, compact process, waterborne and light-weighting technologies with AkzoNobel’s advances in sustainable formulations and practices and its global Dulux, Sikkens and International Paint brands;
• Enhance the breadth and speed of research, development and delivery of new products with extensive geographic scope and technological reach;
• Create significant cross-selling opportunities along with a diversified combined sales force to drive incremental organic sales growth;
• Optimize our combined operational capabilities and footprint with world-class people and facilities;
• Be a complementary cultural fit and continue both companies’ longstanding commitment to being good employers and corporate citizens that operate in a sustainable and socially responsible manner. By adding PPG’s Sustainability focus and its COLORFUL COMMUNITIES™ projects together with AkzoNobel’s Planet Possible and Human Cities initiatives, the combined company can enhance the benefits to customers, the environment and the communities in which people live and operate; and
• Create a larger enterprise that will provide more personal growth opportunities for all our combined employees while enhancing our presence and importance in more communities around the world.

PPG Commitment and Focus
In considering its proposal, PPG believes it is important to underscore the following:
 

• Strong Cultural Fit: As a peer of AkzoNobel with a global presence, including in The Netherlands, PPG has great familiarity with and appreciation for AkzoNobel’s history and culture. PPG has long admired and continues to admire the great value that AkzoNobel places in its employees, customers, suppliers and other stakeholders. PPG’s values bear remarkable similarity to AkzoNobel’s – holding a deep appreciation for how vital each of these stakeholders is to the success of the company and the communities where it operates. Like AkzoNobel, PPG understands the importance of being a responsible corporate citizen, and places great emphasis on doing so throughout the organization. Based on what PPG knows and has seen through the interactions of the two companies, including through PPG’s acquisition of AkzoNobel’s North American Decorative Coatings business and watching AkzoNobel successfully acquire and integrate ICI Plc in the United Kingdom, PPG is convinced that a business combination of the two companies would bring together two cultures that emulate one another in important ways, enabling the two companies to continue and reinforce both companies’ longstanding commitment to being good employers and corporate citizens that operate in a sustainable and socially responsible manner.
• Proven Ability to Complete Complex Transactions: PPG’s management team has a demonstrated ability to structure and complete large, global and complex transactions spanning a variety of jurisdictions. PPG has successfully integrated more than 50 acquisitions in the last 15 years, including the acquisitions of SigmaKalon, AkzoNobel’s North American Decorative Coatings business and Comex. PPG, along with its financial and legal advisors, has spent considerable time and effort in preparation of the revised proposal, to enable the companies to expeditiously agree on and complete this transaction. PPG’s track record and the care with which it has prepared its revised proposal should provide a high level of comfort regarding the completion of a transaction with PPG.
• Strong Financial Capability: PPG is committed to maintaining a solid investment grade credit rating for the combined company. PPG has a strong balance sheet, ample liquidity and solid investment grade ratings from all three major U.S.-based credit rating agencies. The company has reliable and ready access to low-cost capital through cash on hand, and both the public debt and equity capital markets. PPG does not require and its proposal would not be subject to a financing contingency.
• History of Strong Performance: Over the past five years, PPG has delivered total shareholder return of 146 percent, outperforming its industry peer group. PPG has paid uninterrupted annual dividends since 1899, including approximately $1.9 billion in dividends in the last five years, and 45 consecutive years of annual per share increases. PPG’s businesses generate top-tier financial returns and consistently generate strong cash flow. This history of delivering above-market returns to shareholders, together with PPG’s strong financial performance, demonstrates that, following a combination of the two companies, PPG can continue to deliver the returns that shareholders have come to expect.
• Commitment to Employees: At PPG, we understand the importance of employees to the long-term success of our company, and the importance of investing in our employees and providing more opportunities. PPG will respect the existing employment terms of the employees of AkzoNobel, including any existing social plans, pension plans and covenants, as well as the terms of the existing individual employment agreements between AkzoNobel and its employees, in accordance with their terms. PPG looks forward to engaging with the AkzoNobel works councils to present its vision and commitment to them.
• Commitment to Research and Development: Like AkzoNobel, PPG is embedded in the communities in which we operate and committed to investing to discover and develop new products and technologies. Far from weakening AkzoNobel’s long-term commitment to research and development initiatives at major European universities and research centers, PPG has every intention of continuing the substantial investment in research and development.
• Commitment to the Netherlands: While the overall combined company will be headquartered in Pittsburgh, we expect AkzoNobel’s current locations in The Netherlands and throughout Europe to continue to play a significant and meaningful role in the future operations of the combined company. PPG is willing to reconfirm its commitment to AkzoNobel that, at a minimum, the global protective and marine business leadership will be based in Europe and the global architectural and specialty materials leadership, including their specialty chemicals business would be based in The Netherlands.
• Commitment to Communities: PPG has a history of dedicating its financial resources, applying its products and using the energy of its passionate employee volunteers to address the needs of the communities where it operates. In 2016, PPG supported hundreds of community organizations across 25 countries, including 15 Colorful Communities projects throughout Europe, with another 15 projects identified for the region in 2017.
• Governance and Management: PPG anticipates that the stewardship provided by AkzoNobel’s leadership would continue at the combined company. In addition to adding an AkzoNobel director to PPG’s current Board of Directors to help guide the future direction and strategy of the enlarged, global company, PPG would anticipate significant opportunities for AkzoNobel’s management team to contribute to the long-term success of the combined company. PPG has a history of providing opportunities for leadership and growth to employees of acquired businesses, including the management teams. As a point of reference, approximately twenty-five (25) of PPG’s current one hundred (100) leaders, including two (2) of the seven (7) executive officers, joined PPG via an acquisition of their company and play critical roles in the company today.
• Brands: The combined company will continue the legacies of both companies, including the use of flagship brands and technologies and investment in research, development and innovation.
• Corporate Social Responsibility: The combined company will also continue to maintain a commitment to operate in a sustainable and socially-responsible manner. PPG has demonstrated a strong commitment to sustainability, with more than 30 percent of its net sales from sustainable products, and significant reductions in energy intensity and greenhouse gas emissions. To aid PPG in addressing the concerns of employees and other stakeholders, PPG would expect to form an integration committee with representatives from both companies to help manage a successful integration of the two companies and preserve the strengths and cultures of each.

“Like PPG, AkzoNobel has a long, proud history and a demonstrated commitment to innovation, sustainability, community engagement and people development,” added McGarry. “We would look to continue to build on these commitments and demonstrate the positive difference that the combined company can make with all stakeholders, including customers, employees and society in general. We are excited at the possibilities that can be accomplished together in the future.”
 
PPG is ready to move swiftly and is in a position to complete a confirmatory due diligence simultaneously with the negotiation of a merger protocol with a view to come to a recommended transaction within a short period of time. PPG expects such merger protocol to be customary for transactions of this nature, in particular with respect to non-financial covenants relating to employees, integration, governance, strategy, organization and post-closing restructurings.
 
PPG has submitted a proposal to the Boards of AkzoNobel to combine their respective businesses by way of a public offer for all issued and outstanding ordinary shares of AkzoNobel. The offer will be subject to pre-offer and offer conditions customary for transactions of this nature, including but not limited to a minimum acceptance level, required regulatory clearances having been obtained, PPG’s shareholders having approved the issuance of PPG common stock and no material adverse change having occurred. PPG will determine and confirm the conditions to the offer in accordance with applicable laws.
 
No agreement has been reached and there can be no assurances that any transaction will result from this proposal.
 
PPG will make further announcements if and when appropriate.
This is a public announcement by PPG pursuant to the provisions of section 5 paragraph 2 of the Decree on Public Takeover Bids (Besluit openbare biedingen Wft) of the Netherlands in connection with a potential voluntary public offer by PPG for all the issued and outstanding ordinary shares in the capital of AkzoNobel. This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. Any offer will be made only by means of an offer memorandum. This announcement is not for release, publication or distribution, in whole or in part, in, into or from, directly or indirectly, any other jurisdiction in which such release, publication or distribution would be unlawful.
 
PPG Overview and its History and Commitment in The Netherlands
PPG: WE PROTECT AND BEAUTIFY THE WORLD™
PPG is a leading global supplier of paints, coatings and specialty materials. PPG has annual revenues of approximately $15 billion and a current market capitalization of approximately $27 billion. Over $4.1 billion of PPG’s annual revenues is in Europe, with approximately $360 million in annual revenues in The Netherlands where it has a deep commitment and a long history in the country, dating back nearly 300 years.
Today, PPG employs more than 45,000 employees worldwide, with nearly 1,000 in The Netherlands and another 14,000 across the rest of Europe, the Middle East and Africa. PPG operates over 150 plants globally, including 45 plants across 15 countries in Europe, with facilities in Tiel, Delfzijl, Amsterdam, Uithoorn, and Den Bosch in The Netherlands.
At PPG, employees work every day to develop and deliver the paints, coatings and materials that customers trust to protect and beautify their products. Through dedication and creativity, PPG employees solve their customers’ biggest challenges, collaborating closely to find the right path forward.
PPG serves the construction, consumer products, industrial and transportation markets and aftermarkets. Ranked 182 on the FORTUNE 500, PPG was named Fortune’s most admired company in the chemicals sector in 2017.
Every day, PPG collaborates with employees and community partners to make its vision of bringing color and brightness to communities a reality. PPG dedicates its financial resources, products and its passionate employee volunteers to address the needs of communities and to help transform and brighten lives.
In 2016, PPG supported hundreds of community organizations across 25 countries. PPG’s signature program is its COLORFUL COMMUNITIES™ initiative, which increases its commitment to invest in communities and supports projects that transform community spaces, providing PPG volunteers and donated PPG products. Since the program’s launch, PPG employee volunteers completed nearly 60Colorful Communities projects, positively impacting 1.8 million people. This included 15 projects in Europe, including the beautification of the Amsta Karaad residential care facility in Amsterdam. PPG has approximately 80 Colorful Communities projects planned for 2017, with more than 15 identified within Europe.
PPG also has been a significant financial contributor to the NEMO Science Center in Amsterdam, and the company matches employee charitable contributions in The Netherlands and across Europe in addition to our North American operations.
PPG will soon be reporting in its 2016 Sustainability Report that since 2012, the company has reduced its waste disposal intensity by 11% and reduced its greenhouse gas intensity by 29%, to mention just a few of the accomplishments. PPG’s efforts and activities have been recognized worldwide, including in 2015, when Fiat Chrysler Automobiles Group named PPG its “Sustainability Supplier of the Year” for the Europe, Middle East and Africa region.
For a copy of the revised proposal letter from PPG to AkzoNobel, click here. To learn more about PPG, visit www.ppg.com.
Additional Information About the Proposed Transaction and Where To Find It
An agreement in respect of the Transaction described in this press release has not yet been executed, and this press release is neither an offer to sell securities, a solicitation of a proxy, nor a substitute for a registration statement or proxy statement or other filings that may be made with the SEC. Any proxy solicitation of PPG’s shareholders will be made through materials filed with the Securities and Exchange Commission (“SEC”) and no offer of securities to U.S. security holders or holders of ADRs representing AkzoNobel shares shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended. Should an agreement with respect to the Transaction be reached, PPG expects to file relevant materials with the SEC, including a registration statement on Form S-4 and a proxy statement. Investors and security holders are urged to read all relevant documents filed with the SEC (if and when they become available), including the prospectus and proxy statement, because they will contain important information about the Transaction. Investors and security holders will be able to obtain these documents (if and when available) free of charge at the SEC’s website www.sec.gov, or from PPG’s websitehttp://investor.ppg.com/.
Participants in the Solicitation
This press release is neither a solicitation of a proxy nor a substitute for any proxy statement or other filings that may be made with the SEC. Nonetheless, PPG and its affiliates and their directors and executive officers and certain employees may be deemed to be participants in the solicitation of proxies from the holders of PPG common stock with respect to the Transaction. Information about such parties and a description of their interests are set forth in PPG’s 2017 Annual Report. Additional information regarding the interests of such participants will also be included in the materials that PPG would file with the SEC in connection with a Transaction. These documents (if and when available) may be obtained free of charge from the SEC’s website www.sec.gov or PPG’s websitehttp://investor.ppg.com/.
We protect and beautify the world and Colorful Communities are trademarks of PPG Industries Ohio, Inc.
 

3/10/2017
PPG confirms proposal for AkzoNobel

PITTSBURGH, March 10, 2017 – PPG (NYSE:PPG) yesterday confirmed that it made an attractive and comprehensive proposal to Akzo Nobel N.V. (AKZA.AS; AKZOY) on March 2, 2017, inviting AkzoNobel to enter into negotiations with PPG on a potential transaction to form a combined company, which AkzoNobel rejected.

3/10/2017
PPG announces automotive and industrial coatings price increases in Asia
PITTSBURGH, March 10, 2017 – PPG (NYSE:PPG) today announced that it will implement customer-specific price increases and surcharges in Asia to offset a significant rise in raw material costs. The price changes will impact a select group of automotive OEM (original equipment manufacturer) coatings and industrial coatings products, effective April 1 or as contracts permit.

3/9/2017
PPG announces exclusive paint partnership with National Hockey League
PITTSBURGH, Mar. 9, 2017 – PPG (NYSE:PPG) recently announced it has reached a multiyear corporate marketing agreement with the National Hockey League (NHL) to make PPG paint brands the Official Paint of the NHL® in the U.S. and Canada. Financial details and terms were not disclosed. (NOTE TO EDITORS: Additional materials, images and video associated with this announcement are available at http://newsroom.ppg.com/nhl.)
 

3/1/2017
PPG marks completion of $19 million waterborne automotive coatings production line in Wuhu, China
WUHU, China, March 1, 2017 – PPG (NYSE: PPG) today marked the completion of a new $19 million high-performance waterborne and high-solids coatings production line at its Wuhu facility in Anhui province, China. The new line enhances the production and service capabilities of PPG’s automotive coatings business for customers in China.

1/24/2017
PPG reports fourth quarter and full-year 2016 financial results
PITTSBURGH, Jan. 23, 2017 – PPG (NYSE:PPG) recently reported fourth quarter 2016 net sales of $3.5 billion, down more than 1 percent versus the prior year. Sales in local currencies increased by more than 1 percent aided by sales volume growth approaching 2 percent year-over-year. The net impact from business portfolio actions contributed less than 1 percent to sales growth as acquisition-related sales increases modestly exceeded the absence of sales from the divested European fiber glass business. These aggregate net sales gains were more than offset by unfavorable foreign currency translation which reduced net sales by about 3 percent, or approximately $100 million.

1/21/2017
PPG acquires automotive refinish coatings company Futian Xinshi
PITTSBURGH, Jan. 21, 2017 – PPG (NYSE:PPG) today announced that it has acquired certain assets of automotive refinish coatings company Futian Xinshi (Futian). Financial terms were not disclosed.

12/16/2016
PPG enhances University Talent Power Program to provide career advice to college students in China

SHANGHAI, Dec. 13, 2016 – PPG (NYSE:PPG) successfully completed the 2016 University Talent Power Program in China recently. This year, the company provided more than RMB 470,000 in scholarships for 110 talented students in 11 Chinese universities. Also, PPG enriched the well-regarded program with the launch of the Career Intelligence Class, which provided professional quality and soft skills training for over 700 college students about to enter the workforce.

10/28/2016
PPG reports third quarter 2016 financial results

• Net sales of $3.8 billion and reported per-share loss of 75 cents
• Adjusted earnings per share of $1.56, up 1 percent including impact from unfavorable foreign currency translation
• Completed sale Oct. 1 of both European fiber glass and flat glass businesses
• Announced sale of 50 percent ownership interest in Asian fiber glass joint ventures
• Cash and short-term investments totaled approximately $1.0 billion at quarter-end

10/28/2016
PPG announces most popular automotive colors for 2016
PITTSBURGH, Oct. 27, 2016 – PPG (NYSE:PPG) today released its annual automotive color popularity data, which reveals consumers again preferred cars with a neutral color. More than 75 percent of 2016 vehicles built globally were white, black, gray or silver.

10/19/2016
PPG reaches agreement to divest its ownership interest in PFG fiber glass joint ventures
PITTSBURGH, Sept. 29, 2016 – PPG (NYSE:PPG) recently announced that it has reached an agreement to divest its 50 percent ownership interests in its two PFG Fiber Glass joint ventures (PFG) to Nan Ya Plastics Corp., which currently controls the other 50 percent ownership interest in the joint ventures. Nan Ya is affiliated with Taiwan-based Formosa Plastics Group. The transaction is expected to close by the end of 2016. Financial terms were not disclosed.

9/13/2016
PPG completes COLORFUL COMMUNITIES project at middle school in Kunshan, China
KUNSHAN, China, Sept. 12, 2016 – As part of its global community engagement efforts, PPG (NYSE:PPG) announced that it recently completed a COLORFUL COMMUNITIES™ project that helped to revitalize Lujia Middle School in Kunshan, China. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world

9/7/2016
PPG support helps SOLS 24/7 Malaysia establish Solar Lab in Kuala Lumpur
University-grade facility to provide practical experience for underserved students
KUALA LUMPUR, Sept. 6, 2016 – PPG today helped celebrate the opening of a solar laboratory in Kuala Lumpur, Malaysia, established by humanitarian organization SOLS 24/7 Malaysia. PPG contributed $50,000 to help SOLS 24/7 Malaysia outfit the new solar lab with cutting-edge equipment to train local underserved students through the Solar Academy program.

7/29/2016
PPG reaches agreement with Vitro for sale of flat glass operations

PITTSBURGH, July 29, 2016 – PPG (NYSE: PPG) recently announced that it has reached a definitive agreement to sell the assets of its flat glass manufacturing and glass coatings operations to Vitro S.A.B. de C.V., a leading producer of flat glass and specialty products. The transaction is expected to close by the end of 2016, subject to customary closing conditions.

7/28/2016
PPG reports second quarter 2016 financial results

• Second quarter net sales of $4.1 billion and reported earnings per diluted share of $1.37
• Second quarter adjusted earnings per diluted share of $1.85, up 11 percent year-over-year despite unfavorable foreign currency translation
• Fourteenth consecutive quarter of double-digit percentage growth in adjusted earnings per diluted share
• Second quarter sales increased more than 1 percent in local currencies versus prior year, led by Europe and Asia volume growth and acquisition-related sales
• Announced sale of European fiber glass business and acquisition of MetoKote Corporation
• Cash and short-term investments totaled $1.7 billion at quarter-end, aided by a 180 basis-point improvement in working capital as percent of sales versus prior year

7/12/2016
PPG shares sustainable practices with plant communities in China
SHANGHAI, July 11, 2016 – PPG (NYSE: PPG) recently showcased its sustainable practices for neighbors in the Tianjin, Zhangjiagang and Wuhu communities through “Eco Classroom” open-day events at three plants in China. Under the theme “Improve Environment Quality, Promote Green Growth,” these events attracted more than 160 attendees, including government officials, representatives from local enterprises and the media. This marks the seventh consecutive year that PPG has held open-day events in China.
 

6/15/2016
Establishes regional hub to serve automotive plastics and decorative accessories customers

TIANJIN, June 15, 2016 – PPG (NYSE:PPG) today held a ceremony marking the completion of a new $10 million coatings center of excellence at its existing complex in Tianjin. The new facility will serve regional customers in the automotive plastics and decorative accessories industry.

5/12/2016
PPG completes divestment of minority interest in automotive glass business with completed sale of Pittsburgh Glass Works

PITTSBURGH, May 11, 2016 – PPG (NYSE:PPG) announced recently, in connection with LKQ Corporation’s completed purchase of Pittsburgh Glass Works (PGW), that it has divested its approximately 40 percent minority ownership interest in PGW. LKQ announced the completed transaction recently.

5/5/2016
PPG sites in Asia Pacific region celebrate Earth Hour 2016
SHANGHAI, May 4, 2016 – PPG (NYSE:PPG) employees in the Asia Pacific region organized a variety of events to celebrate Earth Hour 2016. Nearly 2,000 employees from 16 sites participated in PPG’s fifth consecutive celebration of the annual event.

 

4/29/2016
PPG passive fire protection coatings lab awarded UL Witness Test Data Program certificate
KUNSHAN, China, April 28, 2016 – PPG (NYSE: PPG) announced that Underwriters Laboratories (UL), a global safety science organization, has awarded its passive fire protection (PFP) coatings lab in Kunshan, China, a certificate of participation in the UL Witness Test Data Program (WTDP). PPG is now the only coatings manufacturer in Asia Pacific certified to conduct fire-resistance testing compliant with UL1709 on furnaces in its own laboratory, under the supervision of UL personnel, as its physical resources, equipment and qualified personnel have been found equivalent to those of UL's laboratories.

4/29/2016
PPG reports sustainability progress, updates 2020 goals

PITTSBURGH, April 29, 2016 –PPG (NYSE:PPG) today released its 2015 Corporate Sustainability Report, which details the company’s progress toward achieving its 2020 sustainability goals. The report is available at sustainability.ppg.com.

4/28/2016
PPG reports record first quarter earnings per diluted share

• First quarter sales increased 4 percent in local currencies versus prior year, led by broadening European volume growth
• Reported net sales were consistent with prior year
• Record first quarter adjusted earnings per diluted share of $1.31, up 11 percent year-over-year despite unfavorable foreign currency translation
• Thirteenth consecutive quarter of double-digit percentage growth in adjusted earnings per diluted share
• Cash deployment continued; share repurchases of $150 million in the quarter
• Cash and short-term investments totaled $1.0 billion at quarter-end aided by working capital improvement

3/9/2016
Sylmar, CA, Mar. 9, 2016 – PPG’s (NYSE:PPG) aerospace business is recently offering Sealants Europe products in the Asia Pacific region through its application support center (ASC) network.
Sylmar, CA, Mar. 9, 2016 – PPG’s (NYSE:PPG) aerospace business is recently offering Sealants Europe products in the Asia Pacific region through its application support center (ASC) network. In the coming months, PPG will extend services to include stocking Sealants Europe products, right sizing packages, and conducting compliance testing.

3/3/2016
PPG to divest minority interest in automotive glass business with announced sale of Pittsburgh Glass Works
PITTSBURGH, Mar. 3, 2016 – PPG (NYSE:PPG) announced recently, in connection with LKQ Corporation’s announcement of its definitive agreement to purchase Pittsburgh Glass Works (PGW), that it will divest its approximately 40 percent minority ownership interest in PGW. LKQ announced that it expects the transaction to close in the second quarter 2016, subject to customary closing conditions.
 

2/29/2016
PPG (NYSE: PPG) recently marked the completion of a $7.8 million investment at its Coatings Innovation Center in Allison Park, Pennsylvania, just 20 minutes from its global headquarters in Pittsburgh.
PITTSBURGH, Feb. 26, 2016 –PPG (NYSE: PPG) recently marked the completion of a $7.8 million investment at its Coatings Innovation Center in Allison Park, Pennsylvania, just 20 minutes from its global headquarters in Pittsburgh.

1/28/2016
PPG shares sustainable practices at Beautiful China Environment Forum
BEIJING, Jan. 27, 2016 –PPG Industries (NYSE: PPG) recently attended and served as a chief sponsor of the fourth Beautiful China Environment Forum, an environmental protection event organized by the Ministry of Environmental Protection of the People’s Republic of China, the China Forum of Environmental Journalists and C-SR.net. Held in Beijing, the event attracted more than 120 participants including officials from the field of environmental protection, industry experts, executives of related enterprises and journalists.

 

1/27/2016
PPG reports fourth quarter and full-year results

• Fourth quarter net sales increased 7 percent in local currencies
• Quarterly sales volumes up nearly 2 percent, led by gains in Europe and Asia
• Record fourth quarter adjusted earnings per diluted share of $1.23, up 17 percent year-over-year despite unfavorable impact from foreign currency translation
• Full-year cash deployment of $1.15 billion including business acquisitions of over $400 million and share repurchases of $750 million
• Full-year net sales of $15.3 billion; sales up more than 7 percent year-over-year in local currencies
• Record full-year adjusted earnings per diluted share from continuing operations of $5.69, up 17 percent year-over-year
• Cash and short-term investments totaling $1.5 billion at year-end

1/12/2016
PPG completes COLORFUL COMMUNITIES project in Zhangjiagang
ZHANGJIAGANG, China, Nov. 30, 2015 – PPG Industries (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES™ project in Zhangjiagang, that helped to revitalize the Nansha Primary School as part of its global charitable-giving effort. The Colorful Communities program provides PPG employee volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world. Launched earlier this year, the program increases PPG’s commitment to invest in communities by adding $10 million to support efforts made during a 10-year period.

 

1/12/2016
PPG launches University Talent Power Program
SHANGHAI, Nov. 17, 2015 – PPG Industries (NYSE:PPG) has launched the PPGUniversity Talent Power Program at the East China University of Science and Technology (ECUST) in Shanghai recently. The program provides comprehensive academic and career-related assistance to Chinese students, integrating scholarships, campus recruitment efforts and employment guidance. The kickoff ceremony attracted more than 200 students and faculty from ECUST and comprised a scholarship presentation, campus talk, campus recruitment, career guidance and experience sharing.

 

1/11/2016
PPG marks completion of $20 million electrocoat center at Zhangjiagang facility
ZHANGJIAGANG, China, Jan. 8, 2016 – PPG Industries (NYSE: PPG) today held a ceremony marking the completion of a $20 million center for on-site electrocoat coatings blending at its resin manufacturing facility in Zhangjiagang, China.

10/30/2015
PPG named Influential Company in Coatings Industry by China Coating Industry Association
BEIJING, Oct. 29, 2015 – PPG Industries (NYSE: PPG) was recognized by the China Coating Industry Association among Influential Companies in the coatings industry in a ceremony held in Beijing to celebrate the centennial of the coatings industry in China. Willie Wu, PPG vice president, industrial coatings, Asia Pacific, and Cathy Yan, PPG general manager, corporate and government affairs, Asia Pacific, won the Outstanding Entrepreneur and Outstanding Contribution awards, respectively, for their exemplary leadership and contributions to the Chinese coatings industry.

10/21/2015
PPG reports third quarter sales and earnings

• Third quarter net sales increased 6 percent in local currencies versus prior year.
• Net sales were down 2 percent versus prior year, including unfavorable foreign currency translation of 8 percent.
• Third quarter record adjusted earnings per diluted share from continuing operations of $1.61 grew 14 percent year-over-year.
• Cash deployment continued; aggregate purchase price for closed acquisitions was more than $400 million and share repurchases totaled $500 million year-to-date.
• Cash and short-term investments totaled approximately $1.4 billion at quarter-end.

10/9/2015
PPG data shows consumers consider vehicle color key when buying, but most remain conservative

• White is most popular vehicle color globally, at 35 percent of all vehicles built in 2015.
• Color is major factor in vehicle-buying decision for 60 percent of consumers surveyed.
• PPG introduces 64 new colors for 2018-2019 models.

6/30/2015
Open-day events held at four sites across China
SHANGHAI, China, June 29, 2015 – PPG Industries (NYSE: PPG) recently held “Eco Classroom” open-day events at plants in Tianjin, Zhangjiagang, Wuhu and Kunshan, China. Under the theme of “Better Chemistry, Better Home,” these events engaged more than 200 attendees, including students from local schools and universities, government officials, and residents of neighboring communities.

6/19/2015
PPG to acquire IVC Industrial Coatings
High-quality products, industry expertise to further enhance PPG industrial coatings portfolio

6/10/2015
Volunteers, paint to help revitalize important community assets around the world
PITTSBURGH, June 9, 2015 – PPG Industries (NYSE:PPG) recently announced plans to expand its investments in global communities where the company operates with the launch of a $10 million initiative called “Colorful Communities.”

5/19/2015
PPG career lectures provide guidance for Chinese college students
SHANGHAI, May 18, 2015 – PPG Industries (NYSE:PPG) recently hosted a series of career lectures at 11 top universities across China, discussing issues related to future careers and offering tips for job hunting to college students.

5/8/2015
Goodyear to use AGILON performance silica by PPG to improve tire performance
PITTSBURGH, May 5, 2015 – PPG Industries (NYSE: PPG) announced today that Goodyear Tire & Rubber Company (NASDAQ: GT) has contracted to use AGILON(R) performance silica by PPG to increase the fuel efficiency of its tires. Goodyear will first use the next-generation reinforcing filler developed by PPG in EFFICIENTGRIP(TM) tires, a line of high-performance sport-utility-vehicle (SUV) tires debuting in Latin America this month. Goodyear plans to incorporate Agilon performance silica into future high-value-added tire launches in other regions in 2015.

1/14/2015
PPG reports record fourth quarter and full-year net sales and adjusted earnings
PPG Industries today reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, with acquisition-related sales contributing about 6 percent and volume growth adding 4 percent. Unfavorable currency translation impacted net sales by 4 percent, or about $130 million.

1/12/2015
지구상에서 가장 인기있는 자동차 색상은?
PPG의 데이터들은 흰 색상이 글로벌 자동차 색상 중 가장 높은 점유율을 차지하고 있는 것을 보여줍니다.

12/19/2014
PPG enters into exclusive negotiations to acquire automotive specialty materials manufacturer REVOCOAT
PPG Industries today announced that it has entered into exclusive negotiations with the AXSON Group to acquire REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry. 

12/14/2014
PPG工业2014年奖学金项目圆满落幕
PPG工业公司（纽约证交所代码：PPG）2014年中国奖学金项目的颁奖活动在国内十所高校圆满落幕。这也是该项目自2003年正式启动以来，PPG连续第十一年走进校园。今年的奖学金总额达到了三十三万人民币。

12/1/2014
Styling Direction 2014 Color Show
매년 PPG Global Design팀은 세계 각 지역의 컬러 트렌드를 조사하고 연구해서 컬러 샘플 Tool Kit을 제작합니다.

11/18/2014
PPG data shows white continues to dominate as most popular global vehicle color
全球领先的交通工具涂料生产商PPG工业公司（纽约证交所代码：PPG）今日发布年度汽车色彩流行趋势数据。根据2014年汽车厂商提供的资料，白色依旧是全球汽车涂装中最受欢迎的色彩。（PPG 2014汽车色彩数据的其他相关资料请参阅：newsroom.ppg.com/autocolor14）

11/5/2014
PPG completes acquisition of Comex
 PPG Industries (NYSE:PPG) today announced that it has finalized the acquisition of Consorcio Comex, S.A. de C.V. (“Comex”), an architectural coatings company with headquarters in Mexico City, in a transaction valued at $2.3 billion.

11/3/2014
천안공장 소방훈련 실시
지난 10월 14일, PPG코리아 천안공장에서 소방합동훈련이 실시 되었습니다.

10/24/2014
PPG launches mobile website for MASTER’S MARK brand
PPG Industries’ architectural coatings business in China recently launched a mobile website on the WeChat public platform for the MASTER’S MARK® paint brand. The official brand account for the popular social media tool in China is the first mobile website PPG has launched on Chinese social media.

10/23/2014
PPG highlights solutions for wind power market at China Wind Power 2014
PPG Industries displayed its wind industry solutions during China Wind Power 2014 at the China International Exhibition Center in Beijing, Oct. 22-24. As the only company offering a “one-stop shop” for fiber glass, blade coatings, tower coatings and adhesives, PPG showcased its comprehensive collection of products customized for the Chinese wind power industry for the seventh consecutive year.

10/7/2014
2014 청년들이 일하기 좋은 부산지역 우수기업 선정
당사는 2014년 부산시가 선정한 청년들이 일하기 좋은 부산지역 우수기업으로 선정되었습니다.

10/7/2014
2014 장학금 수여 & 멘토링 협약식
당사는 지난 2011년부터 PPG Global Charitable Fund의 지원과 CGAP(Corporate and Government Affairs, Asia Pacific)팀과의 협력을 통해 부산대학교 화학과 재학생들을 대상으로 글로벌 장학금을 런칭하여 매년 약 3천만원 규모의 장학금을 지급해왔습니다.

10/7/2014
기흥 EM센터 Opening Ceremony
9월 15일, 기흥 EM센터가 모든 정비를 마치고 정식으로 Opening Ceremony 및 Color Show가 진행되었습니다.

10/7/2014
2014 청년들이 일하기 좋은 부산지역 우수기업 선정
당사는 2014년 부산시가 선정한 청년들이 일하기 좋은 부산지역 우수기업으로 선정되었습니다.

10/7/2014
2014 장학금 수여 & 멘토링 협약식
당사는 지난 2011년부터 PPG Global Charitable Fund의 지원과 CGAP(Corporate and Government Affairs, Asia Pacific)팀과의 협력을 통해 부산대학교 화학과 재학생들을 대상으로 글로벌 장학금을 런칭하여 매년 약 3천만원 규모의 장학금을 지급해왔습니다.

10/7/2014
기흥 EM센터 Opening Ceremony
9월 15일, 기흥 EM센터가 모든 정비를 마치고 정식으로 Opening Ceremony 및 Color Show가 진행되었습니다.

9/29/2014
PPG highlights electrocoat for fasteners in Shanghai
PPG Industries’ industrial coatings business recently highlighted its electrocoat series for the fastener market in Shanghai. In the meeting attended by representatives from leading automobile manufacturers and the media, PPG discussed its industry-leading electrocoats and their advantages in protecting fasteners.

9/3/2014
응급처치 우수사례 공유
부산공장에서 근무 중인 한 직원의 비상 시 우수한 응급처치 사례가 있어 직원 여러분들과 함께 공유하고자 합니다.

9/3/2014
부산시교육청 초등학교 교과서 사진 촬영
8월 28일, 부산공장에서는 부산시교육청 주관하에 교과서에 수록될 당사 제품에 대한 사진 촬영이 있었습니다.

9/2/2014
PPG completes sale of Mount Zion float glass manufacturing facility
PPG Industries today announced that it has completed the sale of substantially all the assets of its Mount Zion, Illinois, glass manufacturing facility to automotive glass manufacturer Fuyao Glass America Inc. Financial terms were not disclosed.

8/1/2014
PPG Aerospace, 특별한 월드컵 프로젝트에 참여하다
브라질 축구대표팀의 이동을 책임졌던 GOL 보잉 737기가 브라질의 다양한 인종을 나타내는 그림으로 페인팅되었습니다.

7/4/2014
2014 임단협조인식

2014년 노조 임금 협상 및 단체협약 협상 조인식(2014 Wage Increase & CBA Signing Ceremony)이 지난 6월 25일에 부산공장에서 진행되어 노조 임금 협상 및 단체협약에 대한 협상을 완료하고 노사상생을 다짐하는 시간을 가졌습니다.

6/26/2014
PPG coatings help Brazil, fans celebrate 2014 FIFA WORLD CUP
PPG Industries’ coatings have helped Brazil put on a fresh, colorful appearance for the 2014 FIFA WORLD CUP™ event.

6/26/2014
PPG coatings help Brazil, fans celebrate 2014 FIFA WORLD CUP
PPG Industries’ coatings have helped Brazil put on a fresh, colorful appearance for the 2014 FIFA WORLD CUP™ event.

6/24/2014
PPG to commemorate 50th anniversary of SOLARBAN glass
PPG Industries (NYSE:PPG) is commemorating the 50th anniversary of SOLARBAN® glass, a product line that was launched in 1964 under a name that continues to serve as the flagship brand for one of the most advanced lines of solar control, loPPG Industries (NYSE:PPG) is commemorating the 50th anniversary of SOLARBAN® glass, a product line that was launched in 1964 under a name that continues to serve as the flagship brand for one of the most advanced lines of solar control, low-emissivity (low-e) glasses.w-emissivity (low-e) glasses.

6/17/2014
PPG to invest $40 million in facility expansion in Brazil
Expansion will establish resin production for electrocoat at Sumare, São Paulo, facility 

5/20/2014
PPG工业庆祝SOLARBAN玻璃诞生50周年
庆祝活动将于美国建筑师协会(AIA)全国大会暨博览会上启动，全新的SOLARBAN z75玻璃将在会上展出

5/12/2014
PPG工业为纽约新世贸中心提供金属涂料
DURANAR涂料将用于涂装世贸中心的11层裙楼

11/22/2013
PPG expands OLED production to support demand for Universal Display products
PPG and Universal Display Corporation (Nasdaq: OLED) today marked the opening of a world-class organic light-emitting diode (OLED) materials production facility at PPG’s Barberton, Ohio plant. This new site, which PPG owns and operates, commenced manufacturing earlier this month and will foster the expanded development and production of Universal Display’s phosphorescent OLED (UniversalPHOLED®) materials.

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