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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 reports record third quarter net sales of $4.6 billion, with a 4% increase year over year. Quarterly earnings per diluted share (EPS) were $1.79, and adjusted EPS was $2.07. The company achieved strong operating performance and margin recovery, with segment margin up 260 basis points year over year. Year-to-date operating cash flow was over $1.5 billion, up more than $1.1 billion year over year.
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PPG divests Traffic Solutions operations in Australia and New Zealand to Geveko Markings
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PPG and PPG Foundation commit $2 million to support workforce development initiatives in manufacturing and coatings application.
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PPG's Glidden Max Flex Exterior Fabric spray paint + primer named a winner in Good Housekeeping's 2023 Home Renovation Awards
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PPG receives recognition for COOL SURFACE TECHNOLOGY formulation, earning Innovation Award and Supplier Diversity Tier II Partner of the Year from The Home Depot.
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PPG partners with Eindhoven University to develop the Stella Terra, the world's first off-road solar-powered car. PPG provides a grant of $37,000 to Solar Team Eindhoven and supplies its PPG CORACHAR fire protection coating for the vehicle's battery pack. The coating expands to protect from thermal damage. The project supports PPG's sustainable technology development and sustainability education goals.
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Completion of PPG's 500th COLORFUL COMMUNITIES® project marks a month-long celebration. PPG commits an additional $5 million to the program through 2030, focusing on environmental sustainability. Over 500 projects, PPG has positively impacted 8.2 million people in 50 countries. PPG's global community engagement efforts aim to protect and beautify PPG communities worldwide.
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Hugh Grant, PPG independent lead director, to retire from the board at the end of the year. Michael W. Lamach appointed as the new PPG independent lead director and chair of the Nominating and Governance Committee.
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PPG announces Tim Knavish as the new chair and CEO, effective Oct. 1, 2023.
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PPG announces exclusive supplier agreement with Flō-Optics for the application of PPG HI-GARD scratch-resistant coatings using digital printing technology.
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FAQ

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

The current stock price of PPG Industries (PPG) is $122.65 as of November 22, 2024.

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

The market cap of PPG Industries (PPG) is approximately 29.6B.

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

29.64B
231.50M
0.2%
84.9%
0.97%
Specialty Chemicals
Paints, Varnishes, Lacquers, Enamels & Allied Prods
Link
United States of America
PITTSBURGH