PPG Industries, Inc. develops and sells paints, coatings and specialty products for construction, consumer products, industrial, transportation and aftermarket customers. Company news commonly covers segment results in Global Architectural Coatings, Performance Coatings, Industrial Coatings, aerospace coatings, protective and marine coatings, Traffic Solutions, and packaging or automotive OEM coatings.
Recurring updates also include product and technology investments, such as radiation-curable coatings, protective systems for data center infrastructure, and R&D activity across regional laboratories. PPG news also addresses acquisitions that expand coatings lines, dividend declarations, shareholder meeting matters, leadership changes, digital transformation and operational efficiency initiatives.
PPG has launched Comex VINIMEX® TOTAL Antiviral and Antibacterial paint, designed to kill 99.9% of common bacteria and viruses, including COVID-19 and Influenza A H1N1. With support from PPG’s research network, the product responds to market demand for safer indoor environments. Independent lab tests confirm its effectiveness within two hours on painted surfaces, ensuring protection for up to two years. This innovation targets high-traffic areas like hospitals and schools, enhancing public health safety.
PPG has launched its first-ever digital event to showcase coatings for cookware, bakeware, and kitchen electrics. This virtual trade show connects global customers and presents product information, technical guidance, and color trends for 2022. Xiaobing Nie, general manager of global consumer products, emphasizes the importance of updating customers with the latest innovations. The event will run throughout 2022, continually updating with new information and product offerings. PPG reported $13.8 billion in net sales in 2020, serving various markets worldwide.
PPG (NYSE: PPG) has received EPA registration for its PPG COPPER ARMOR™ antimicrobial paint, featuring Corning Guardiant® technology, capable of killing 99.9% of bacteria and viruses, including SARS-CoV-2, within two hours. Set to launch in late 2021, this innovative paint is designed for high-traffic areas like healthcare and hospitality. It maintains efficacy for up to five years while being zero-VOC and available in over 600 colors. PPG aims to enhance surface protection in response to increased consumer demand due to the pandemic.
PPG (NYSE: PPG) will release its third quarter 2021 earnings on Wednesday, Oct. 20, after U.S. markets close. A teleconference is scheduled for Thursday, Oct. 21, at 8 a.m. ET. Key PPG executives, including CEO Michael H. McGarry and CFO Vincent J. Morales, will participate. Registration for the call can be done at this link. A webcast will be available via the PPG Investor Center, and the replay can be accessed from Oct. 21 to Nov. 4.
PPG launched a new online powder e-commerce platform, allowing customers in the U.S. to access small batches of powder coatings easily. The store features 4,500 products, including 200 top powder coatings, with quantities ranging from 5 to 50 pounds and same-day shipping for orders placed before 3 p.m. ET. Customers benefit from extensive filtering options, overnight delivery, and access to technical data. The coatings provide advantages such as low production costs, high transfer efficiency, and they are formulated without volatile organic compounds (VOCs).
PPG's SICO® paint brand has announced its 2022 Colour of the Year, Cool Current (6199-42), a grey-green hue reflecting healing and nature's resiliency. With nearly half of Canadians planning home renovations, this colour aims to uplift living spaces post-pandemic. Shifts in consumer preferences show a move from neutral tones to more vibrant colours, as well as a trend toward creating individual spaces in homes due to remote work. PPG's Global Colour Forecasting Workshop highlighted themes of resilience and inspiration from nature, revealing a focus on personal expression in home design.
PPG's DULUX® Paints has announced Olive Sprig (DLX1125-4) as its 2022 Colour of the Year, reflecting a shift towards vibrant, healing tones in home decor. This sage green hue symbolizes tranquility and stability, addressing consumer desire for comfort post-pandemic. The new palette also introduces three themed colour stories: Invaluable, Introspective, and Inspired, emphasizing organic, rich colors. Additionally, the launch of Dulux DIAMOND DISTINCTION™ paint promises high durability and easy maintenance, enhancing the brand's offerings in Canada.
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PPG's Glidden paint brand announces 'Guacamole' (PPG1121-5) as its 2022 Color of the Year, emphasizing the growing trend in home design for green tones. A survey revealed that 62% of Americans are open to using green paint in their homes, driven by a desire for calm and rejuvenation. Online searches for green paint have surged over 200% since 2020, reflecting this trend. The brand promotes affordability with its Glidden Premium interior paint and primer, widely available in major retail outlets. PPG's net sales reached $13.8 billion in 2020.
PPG has appointed Meri Vainikka as vice president of architectural coatings for EMEA, effective immediately. She will oversee the Tikkurila legacy business and collaborate with the integration team during the transition. Vainikka brings extensive experience from her time at Tikkurila and previous roles at notable brands including L’Oréal and Mars. She holds a Master of Science in Economics from the Helsinki School of Economics and pursued an MBA at the University of South Carolina. This leadership change aims to enhance PPG's operational effectiveness in the region.