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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 a phased launch of PPG LINQ™, a pioneering digital solution for the global automotive refinish market. This platform aims to enhance customer experiences, partner relationships, and body shop operations. The rollout begins in early 2022, following the success of PPG MOONWALK™, its automated paint mixing system.
PPG LINQ facilitates cloud-based management, reduces environmental impact, and optimizes productivity. It also connects repair facilities with industry stakeholders, promoting efficiency and improved profitability.
PPG (NYSE:PPG) has launched the PPG Aerospace Academy Online, a virtual training program aimed at users of its aerospace products. The program offers nine coatings-related courses covering essential topics such as surface preparation and advanced technologies like basecoat/clearcoat systems. This initiative builds on PPG’s existing in-person academy, enhancing accessibility and flexibility for customers. According to
PPG has unveiled its 2022 Color of the Year, Olive Sprig (PPG1125-4), a grey-green hue symbolizing regrowth and resilience in a post-pandemic world. The color reflects a shift in consumer preferences towards more vibrant, nature-inspired colors, moving away from stark neutrals. PPG’s color experts identified three themes for 2022: Invaluable, Introspective, and Inspired, each suggesting unique color palettes for various spaces. This embrace of color is expected to drive optimism in both residential and commercial design.
PPG (NYSE: PPG) has announced over $170,000 in undergraduate scholarships through the PPG Foundation in partnership with the National Merit Scholarship Corporation. Since its inception in 1956, the foundation has awarded more than 3,000 scholarships to U.S. students. The 2021 program includes 29 new awards designated for children of PPG employees and students from nearby communities. These scholarships support students in pursuing degrees in science, technology, engineering, and mathematics (STEM), with annual awards granted for up to four years.
PPG (NYSE: PPG) has inaugurated a new automotive sealant production facility in Tangier, Morocco. This marks PPG's first automotive coatings facility in Africa, aimed at supplying Renault Group’s Dacia brand. The plant responds to Morocco's burgeoning automotive industry, projected to increase vehicle output significantly by 2030. The new facility will offer flexibility in vehicle design and aims to support local manufacturers with various adhesive and sealant technologies while enhancing sustainability efforts. PPG is committed to expanding operations in regions with growth potential.
PPG (NYSE: PPG) has launched PPG ENVIROCRON™ PCS P4 powder coatings designed for architectural, home décor, and furniture applications. These coatings cater to the rising demand for matte and premium textures, suitable for aluminum and steel substrates. They are scratch- and UV-resistant, enhancing product longevity and providing excellent corrosion protection. PPG aims to meet modern design trends while delivering high performance. The coatings comply with GSB International and Qualicoat standards, ensuring quality for architectural applications.
PPG (NYSE:PPG) has completed a $15 million investment in its Sylmar, California facility to enhance production of aircraft transparency technologies for military aviation, specifically for Lockheed Martin's F-35 fighter jets. The 30,000-square-foot expansion includes advanced processing equipment and IT infrastructure, aiming to create over 70 new jobs. The facility's growth is part of PPG's longstanding partnership with Lockheed Martin, enhancing support for the growing F-35 fleet. This strategic move is expected to meet the demanding performance requirements of military aircraft transparency products.
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