STOCK TITAN

PPG Industries, Inc. - PPG STOCK NEWS

Welcome to our dedicated page for PPG Industries news (Ticker: PPG), a resource for investors and traders seeking the latest updates and insights on PPG Industries stock.

PPG Industries, Inc. (symbol: PPG) is a global leader in the production of high-quality coatings and specialty materials. Established in 1883 and headquartered in Pittsburgh, PPG operates in over 70 countries worldwide. The company is committed to delivering innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings.

PPG’s operations span across various markets, including automotive, aerospace, construction, and industrial. The company is recognized as the world’s largest producer of coatings after acquiring assets from Akzo Nobel. Additionally, notable acquisitions like Comex demonstrate PPG’s focus on expanding into emerging regions.

Renowned for its leadership in innovation, sustainability, and color, PPG constantly seeks to add value to its customer base, providing advanced products that enhance more surfaces than any other company. The company’s financial strength is evident, with a reported net sales of $15.4 billion in 2014, and its shares being traded on the New York Stock Exchange under the symbol PPG.

Recent Achievements and Current Projects

  • PPG has recently made significant strides in sustainable product development, ensuring that its offerings meet stringent environmental standards.
  • The company is involved in various projects aimed at enhancing product durability and aesthetic appeal, tailored to the specific needs of different markets.
  • Partnerships with leading automotive and aerospace companies have solidified PPG’s position as a trusted supplier of advanced coatings and materials.

By consistently innovating and adapting to market demands, PPG Industries, Inc. continues to reinforce its vision of being the world's leading coatings company.

Rhea-AI Summary

PPG (NYSE: PPG) has donated its PPG LINQ™ digital automotive refinish ecosystem to 15 vocational schools across more than 10 European countries over the past 15 months. This initiative is part of the company's $2 million commitment through 2025 for workforce development programs aimed at addressing skills shortages in the automotive refinish industry.

The donation benefits over 1,500 students by providing hands-on experience with digital tools, including the PPG MOONWALK® paint mixing system, PPG DIGIMATCH™ color camera, PPG VISUALIZID™ 3D rendering software, and PPG LINQ Color digital identification software. The initiative addresses challenges highlighted in the European Commission's report on vocational education and training, such as access to modern equipment and funding constraints.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
none
-
Rhea-AI Summary

PPG has been named among the 'Best Places to Work in Information Technology (IT) in 2025' by Foundry's Computerworld, marking its seventh appearance on this prestigious list. The company ranked No. 18 among large organizations, recognized for challenging IT staff while providing excellent benefits and compensation.

The recognition highlights PPG's focus on people development, particularly in AI and cloud environment initiatives. The ranking was based on comprehensive questionnaires about company offerings in categories including benefits, career development, future of work, training, and retention.

According to Bhaskar Ramachandran, PPG's vice president and CIO, the company emphasizes special project assignments for skills development, stretch capabilities, and mentorship programs. The recognition reflects PPG's commitment to modernizing and digitizing their organization while maintaining strong connections to business strategy and purpose.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
none
-
Rhea-AI Summary

PPG (NYSE:PPG) has been named to Newsweek's America's Most Responsible Companies list for the fifth consecutive year, ranking #110 overall and #8 in the Materials and Chemicals industry category. The 2025 list evaluated the top 2,000 public companies and recognized 600 most responsible companies in the U.S.

The ranking considers a holistic view of corporate responsibility, including environmental, social, and governance factors. Companies were selected based on public data analysis and a survey of 26,000 U.S. residents regarding their perceptions of corporate social responsibility.

PPG, headquartered in Pittsburgh, operates in more than 70 countries and reported net sales of $18.2 billion in 2023, serving customers in construction, consumer products, industrial and transportation markets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
none
Rhea-AI Summary

PPG has completed an on-site solar installation at its Caivano, Italy facility, marking significant progress toward its 2030 greenhouse gas emissions reduction targets. The 1.5 megawatt installation, developed in partnership with Grastim, will reduce CO2 emissions by approximately 390 metric tons annually. Combined with a previously installed combined heat and power unit (CHP), the facility is achieving roughly 15% reduction in annual operating costs.

The CHP unit, installed in 2021, captures waste heat to produce steam and hot water, resulting in an annual reduction of approximately 1,100 metric tons of CO2 emissions. The Caivano facility, which employs over 120 people, manufactures electrocoat products for industrial and automotive markets and decorative resins for PPG's automotive and refinish plants.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
none
-
Rhea-AI Summary

American Industrial Partners (AIP) has completed its acquisition of PPG's U.S. and Canadian architectural coatings business, renaming it The Pittsburgh Paints Company. The 125-year-old company, among the industry's top three producers of interior and exterior paints and related products, will serve professionals and DIY customers across the United States and Canada. The company will also act as the exclusive distributor for PPG's Protective and Marine Coatings business in the region. The newly independent company aims to leverage its legacy of innovation and product excellence for transformation and growth under AIP's ownership.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
-
Rhea-AI Summary

PPG has completed the sale of its architectural coatings business in the U.S. and Canada to American Industrial Partners (AIP) for $550 million. The sold business represented approximately $2 billion of PPG's 2023 total net sales, with low-single-digit EBITDA margin. PPG's architectural coatings operations in other regions, including Latin America, Europe, and Asia Pacific, remain core businesses. The divestment is expected to improve PPG's organic growth and financial return profiles, with a projected 300-basis point improvement in Performance Coatings segment margins in 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
none
Rhea-AI Summary

PPG (NYSE:PPG) has been named to Newsweek's America's Greenest Companies 2025 list, which recognizes the top 500 U.S. companies committed to environmental impact reduction. The company reported significant progress toward its 2030 sustainability targets in 2023, including: 45% of process waste sent to reuse, recycle, and recovery, 13% reduction in water intensity at priority sites, 10% reduction in scope 1 and 2 GHG emissions, and 12% reduction in scope 3 GHG emissions. The evaluation was conducted in partnership with Plant-A Insights Group and GIST Impact, following European Union's sustainability criteria.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
none
-
Rhea-AI Summary

PPG (NYSE: PPG) has completed the sale of its silicas products business to QEMETICA for approximately $310 million in pre-tax proceeds. The transaction includes manufacturing facilities in Lake Charles, Louisiana, and Delfzijl, The Netherlands, plus leased operations in Barberton, Ohio and Monroeville, Pennsylvania. The sold business, which represented 1-2% of PPG's total net sales in 2023, manufactures precipitated silica products and employs about 400 people. QEMETICA, a Warsaw-based chemical manufacturer, aims to expand its global presence through this strategic acquisition.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.56%
Tags
none
-
Rhea-AI Summary

PPG (NYSE:PPG) announced a strategic partnership with SARO/Siccardi, Italy's largest powder coatings distributor, to strengthen its distribution network in the Italian market. The collaboration aims to enhance customer access to high-quality products and services, combining PPG's global leadership in powder coating technologies with SARO/Siccardi's market knowledge and strong presence. The partnership will provide customers with tailored solutions, technical support, and competitive pricing, while improving service and response times through access to PPG's warehouses, laboratories, and production facilities in Italy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
partnership
Rhea-AI Summary

PPG has inducted five new members into its Collegium, recognizing leaders who made significant technological contributions to the company's growth and innovation. The inductees include: Sue Campbell for transforming analytical organization; Khushroo Lakdawala, an aerospace expert with 20 U.S. patents; Patrick O'Neill, co-inventor of lead-free electrocoat technology; Krishna Uprety with 27 patents and military collaborations; and Rob Walters with 56 U.S. patents in photochromic and electrochromic technologies.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none

FAQ

What is the current stock price of PPG Industries (PPG)?

The current stock price of PPG Industries (PPG) is $120.21 as of December 20, 2024.

What is the market cap of PPG Industries (PPG)?

The market cap of PPG Industries (PPG) is approximately 27.8B.

What does PPG Industries, Inc. specialize in?

PPG Industries specializes in high-quality coatings and specialty materials for various markets including automotive, aerospace, construction, and industrial sectors.

Where is PPG Industries headquartered?

PPG Industries is headquartered in Pittsburgh, Pennsylvania.

On which stock exchange are PPG shares traded?

PPG shares are traded on the New York Stock Exchange under the symbol PPG.

What was PPG Industries' reported net sales in 2014?

PPG Industries' reported net sales in 2014 were $15.4 billion.

In how many countries does PPG Industries operate?

PPG Industries operates in over 70 countries worldwide.

What recent acquisitions has PPG made?

PPG has acquired selected assets from Akzo Nobel and made significant acquisitions like Comex to expand its market presence.

What markets does PPG Industries serve?

PPG serves several markets including automotive, aerospace, construction, consumer products, and industrial markets.

How does PPG Industries contribute to sustainability?

PPG Industries focuses on sustainable product development, ensuring that its offerings meet stringent environmental standards.

What are some of PPG Industries' recent projects?

PPG is involved in projects aimed at enhancing product durability and aesthetic appeal, and it partners with leading automotive and aerospace companies.

What is PPG's vision?

PPG's vision is to be the world’s leading coatings company, delivering innovative and sustainable solutions that customers trust.

PPG Industries, Inc.

NYSE:PPG

PPG Rankings

PPG Stock Data

27.78B
231.49M
0.2%
85.1%
1.41%
Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Link
United States of America
PITTSBURGH