Welcome to our dedicated page for Ppg Inds news (Ticker: PPG), a resource for investors and traders seeking the latest updates and insights on Ppg Inds stock.
PPG Industries Inc (NYSE: PPG) is a global leader in coatings and specialty materials, serving automotive, aerospace, and construction markets since 1883. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and technological innovations.
Access PPG's official press releases, earnings reports, and strategic announcements in one centralized location. Our curated collection includes updates on sustainability initiatives, product launches, and market expansions, enabling stakeholders to track the company's progress in key growth areas.
Key content categories span quarterly financial results, manufacturing advancements, environmental commitments, and leadership changes. All materials are sourced directly from PPG's corporate communications to ensure accuracy and compliance with disclosure regulations.
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PPG (NYSE:PPG) has extended the tender offer period for all shares of Tikkurila Oyj (NASDAQ OMX:TIK1V) to May 11, 2021, initially set to expire on April 14, 2021. The offer has received approval from the European Commission and Finnish authorities, while approval from Kazakhstan has also been granted. The tender offer's completion is contingent on pending regulatory approval from the Federal Antimonopoly Service of Russia, anticipated within the extended period. PPG expects to close the acquisition shortly after the new deadline.
PPG (NYSE: PPG) has launched its China Application Innovation Center (CAIC) in Zhangjiagang, Jiangsu Province, marking its first cross-business R&D hub in the region. This facility aims to bridge innovation with customer applications across PPG's industrial, packaging, and automotive coatings sectors. Equipped with advanced technologies, the CAIC allows for rapid testing and development of customized paint products, enhancing speed to market. PPG’s investment aligns with China's 14th Five-Year Plan, reinforcing its commitment to sustainable development and innovation.
PPG (NYSE:PPG) will release its first quarter 2021 earnings on April 15 after U.S. stock markets close. A teleconference will be held on April 16 at 8 a.m. ET, featuring PPG's CEO Michael H. McGarry, CFO Vincent J. Morales, and VP of Investor Relations John Bruno. Dial-in registration is available at this link. A webcast will also be accessible via the PPG Investor Center. Replay options are provided for those unable to attend. Further financial details will be available post-earnings release.
PPG (NYSE: PPG) has entered into an agreement with Vizient, the largest performance improvement company in healthcare, allowing its members to purchase PPG paint products at contracted prices. These products include low or zero volatile organic compound (VOC) options suitable for healthcare settings. The deal aims to support facility managers by providing innovative paint solutions that facilitate maintenance projects. PPG's PURE PERFORMANCE® interior latex primer is highlighted as a key product, emphasizing its low odor and quick dry time, making it ideal for hospitals.
PPG (NYSE: PPG) has launched the new PPG PITTHANE® ULTRA LS polyurethane topcoat, designed for use in corrosive environments. This high-performance topcoat minimizes glare and conceals surface imperfections, making it ideal for applications like bridges and stadiums. The product meets ISO 12944:2018 standards for corrosion resistance and is suitable for USDA incidental food contact. It can be applied in temperatures as low as 20°F and provides an unlimited recoat window, emphasizing its ease of use. The topcoat is now available in the U.S. and Canada.
PPG (NYSE:PPG) has extended its cash tender offer for Tikkurila Oyj (NASDAQ OMX:TIK1V) shares to April 14, 2021. The offer, initiated on January 15, 2021, was set to expire on March 30, 2021. Both the European Commission and Finland's Ministry of Economic Affairs have approved the tender, which remains subject to further regulatory approvals. PPG anticipates these approvals will be obtained within the extended timeframe. Following this period, PPG expects to finalize the acquisition and will provide updates shortly thereafter.
PPG (NYSE: PPG) has received approval from the Ministry of Economic Affairs and Employment of Finland for its tender offer to acquire outstanding shares of Tikkurila Oyj (NASDAQ OMX: TIK1V). This approval is a key milestone that enhances PPG's certainty in completing the transaction. The tender offer is still subject to additional customary conditions, including the valid tender of over 66.7% of the outstanding shares. PPG will provide further updates post the extended tender offer period, which ends on March 30, 2021.
PPG (NYSE:PPG) has received the BOSMA ENTERPRISES® 2021 Employment Innovation Award for its efforts in creating job opportunities for the visually impaired. This award acknowledges PPG's collaboration with Bosma Enterprises, which began in August 2019, to assist individuals in light assembly work related to aerospace sealants. Jeff Mittman, CEO of Bosma Enterprises, highlighted the significant impact of this partnership, addressing the high unemployment rate among people with visual impairments. PPG's commitment to social responsibility and community support was further emphasized by their business manager, Sally Neher.
PPG (NYSE: PPG) is extending the tender offer period for Tikkurila Oyj (NASDAQ OMX: TIK1V) shares until March 30, 2021, originally set to expire on March 15, 2021. This extension follows the unconditional approval from the European Commission on March 10, 2021. The extension is due to pending regulatory approvals. PPG anticipates closing the acquisition shortly after the new deadline. Shareholders who have already tendered their shares need not take further action. Further updates will be provided after March 30, 2021.
PPG (NYSE: PPG) has received unconditional approval from the European Commission for its acquisition of Tikkurila shares (NASDAQ OMX:TIK1V), marking a significant milestone in the process. The transaction is still subject to customary conditions and other regulatory approvals, with the tender offer scheduled to expire on March 15, 2021. PPG anticipates closing the deal by the end of Q1 or early Q2 2021. PPG reported net sales of $13.8 billion in 2020, while Tikkurila generated EUR 582 million in revenue, primarily from Finland and neighboring regions.
