Newsroom
2021
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.