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.
PPG (NYSE: PPG) has announced the divestiture of its business activities in Senegal, Ivory Coast, Cameroon, Gabon, and Algeria to Océinde, a Réunion-based industrial group. This agreement includes a licensing and distribution contract for the SEIGNEURIE® paint range. Océinde will take over the employees in these regions and strengthen its relationship with PPG, which has supplied specialty materials to Océinde. Both companies aim to enhance service delivery in the African market, benefiting from a long-term collaboration.
PPG (NYSE: PPG) has announced the schedule for its first quarter 2022 earnings release and teleconference call. The earnings release will be issued on April 21, after U.S. stock market close. A teleconference is set for April 22 at 8 a.m. ET, featuring key company executives, including CEO Michael H. McGarry. Participants can register for the call online, and a live webcast will be available on the PPG Investor Center. Replay options will be accessible both via telephone and online after the event.
PPG announced details for its first quarter 2022 earnings release and teleconference call. The earnings release will take place on Thursday, April 21 after U.S. markets close, while the teleconference is scheduled for Friday, April 22 at 8 a.m. ET. Participants include CEO Michael H. McGarry, COO Tim Knavish, and CFO Vincent Morales. Dial-in registration is available online. A live webcast will be accessible via the PPG Investor Center, with a replay available post-call. PPG reported net sales of $16.8 billion in 2021.
PPG has launched a new European Central Powder Coatings Research and Development Center in Milan, Italy, designed to enhance product development in sustainable powder coatings. This facility features a customer application center and advanced capabilities, emphasizing PPG's commitment to innovation and customer support. While financial details remain undisclosed, the center will serve as a hub for cross-technology R&D and strengthen PPG's position in the powder coatings market, which includes prior acquisitions like Alpha Coating Technologies and Wörwag.
PPG has announced that its patented PPG PSX™ polysiloxane coatings have achieved C4H certification under the ISO 12944-6:2018 standard for corrosion protection. This certification signifies long-term protection against corrosion in harsh environments, such as industrial and coastal areas, with an estimated durability of 15 to 25 years. The PSX technology requires fewer coats compared to traditional systems, leading to material cost savings and reduced environmental impact. The coatings are also ultra-high solids and isocyanate-free, meeting stringent emissions regulations.
PPG has launched the PPG AMERLOCK® 600, a versatile epoxy coating designed for use on a variety of steel substrates. This high-build, polyamide-cured coating features a one-year recoat window, fast drying times, and low VOC emissions of 240g/L. It is suitable for carbon steel, stainless steel, and galvanized surfaces, streamlining inventory for fabrication shops. The product meets ISO 12944 standards, providing corrosion protection in aggressive environments, and enhances operational efficiency by allowing touch-ups on-site.
PPG (NYSE:PPG) announced that Rebecca Liebert, executive vice president, has been elected to the National Academy of Engineering. This prestigious recognition acknowledges her leadership in enhancing the U.S. manufacturing industry. Liebert is one of 111 U.S. members in the 2022 class, contributing to a total of 2,338 NAE members. Since joining PPG in 2018, she has led initiatives focused on technological advancements and operational efficiencies, including AI-based solutions. PPG reported net sales of $16.8 billion in 2021, serving various sectors globally.
PPG announced a contribution of nearly
PPG has been recognized on the CLEAN200™ global list as the top manufacturer in paints, coatings, and specialty materials, achieving 35% of its 2020 revenue from sustainably advantaged products. The company aims for 40% by 2025. PPG launched products like PPG ERGOLUX™ Powder Coatings and PPG CoraChar™ Battery Fire Protection Coating to support sustainability goals. The Clean200 ranking evaluates firms based on revenue from sustainable solutions, indicating PPG's commitment to a cleaner future.
PPG (NYSE:PPG) and the PPG Foundation announced a $13.3 million investment in 2021 to support over 500 community programs focusing on education and social equity. Notable highlights include $6.6 million for STEM initiatives, a 37% progress towards a $20 million racial equity commitment by 2025, and $5.9 million for community transformations. PPG completed 56 Colorful Communities® projects in 17 countries, positively impacting over 7.4 million people. Their investments aim to create sustainable communities and enhance pathways for diverse talent in STEM fields.
FAQ
What is the current stock price of PPG Industries (PPG)?
What is the market cap of PPG Industries (PPG)?
What does PPG Industries, Inc. specialize in?
Where is PPG Industries headquartered?
On which stock exchange are PPG shares traded?
What was PPG Industries' reported net sales in 2014?
In how many countries does PPG Industries operate?
What recent acquisitions has PPG made?
What markets does PPG Industries serve?
How does PPG Industries contribute to sustainability?
What are some of PPG Industries' recent projects?
What is PPG's vision?
