Newsroom
2019
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
BEIJING, Dec. 18, 2019 – PPG (NYSE: PPG) today announced that its interior and exterior coatings are enhancing protection, safety and sustainability for the new Beijing Daxing International Airport terminal building.
12/4/2019
PPG Unveils 2019 Automotive Color Stories, Reporting an Increase in Blue Hues
PITTSBURGH—December 3, 2019-- PPG (NYSE:PPG) today unveiled its 2019 automotive color trends, showing a rise in blue automobiles. Holding a steady 8% of the total global color popularity data – second only to neutrals like white, black, silver and gray – blue reflects consumers’ desire for adventure, relaxation and reliability.
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
PITTSBURGH--- April. 23, 2019，PPG (NYSE:PPG) today reported first quarter 2019 net sales of approximately $3.6 billion, down about 4 percent versus the prior year. Net sales in constant currencies were flat with the prior year aided by higher selling prices of 2.6 percent. Sales volumes were down about 3 percent versus the prior year in aggregate. Approximately half of this volume decrease was related to the previously announced architectural coatings customer-assortment changes in the national retail do-it-yourself (DIY) channel. Unfavorable foreign currency translation impacted net sales by more than 4 percent, or about $165 million, and acquisition-related sales, net of divestitures, added less than 1 percent to sales growth.
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.