PPG (NYSE: PPG) today announced the launch of its premium NCP450 Iso-Free Primer Surfacer and NCX455 Iso-Free Catalyst for the U.S. market. Both products are specifically formulated without isocyanates. The new primer surfacer has been engineered to provide an exceptional foundation for PPG’s popular Deltron basecoat automotive refinish system. Ideal for small repairs, NCP450 Iso-Free […]
PPG Delfleet One Paint System Approved by Daimler Truck North America
PPG (NYSE:PPG) today announced that Daimler Truck North America (DTNA) has approved PPG Delfleet One Paint System for warranty and aftermarket repairs on its Freightliner and Western Star Trucks. Covering the full commercial transportation color palette, the system offers volatile organic compound (VOC) ratings of 1.5 pounds per gallon for basecoat, direct gloss and matte […]
PPG to Invest $20 million to Advance Racial Equity
PPG (NYSE: PPG) and the PPG Foundation announced a commitment to invest $20 million by 2025 to address systemic racism and advance racial equity in the U.S. by funding educational pathways for Black communities and people of color. The commitment strengthens PPG’s focus on education – a priority giving area for PPG and the PPG […]
PPG Reports Fourth Quarter Sales Up More Than 2%
While overall sales were up compared to 2019, net sales for automotive refinish coatings were slightly higher compared to the third quarter 2020, but below 2019. PPG (NYSE:PPG) reported fourth quarter 2020 net sales of approximately $3.8 billion, more than 2% higher versus the prior year. Selling prices increased by about 1.5%. Sales volumes decreased […]
PPG Acquiring German Coatings Company Wörwag
PPG (NYSE:PPG) today announced an agreement to acquire Wörwag, a global manufacturer of coatings for industrial and automotive applications. The transaction is expected to close in the first half of 2021, subject to customary closing conditions. “Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business, […]
Collision Repair Education Foundation Virtual Golf Fundraiser Open
The Collision Repair Industry Foundation opened its 30-day National Virtual Golf Fundraiser last Friday. Announced in October, the Foundation is partnering with 90 I-CAR Volunteer Committees on the nationwide winter virtual golf fundraiser, exclusively sponsored by PPG Automotive. The event will run through Sunday, December 20. More information and registration are available online at the […]
PPG Reports Third Quarter Refinish Coatings Sales Down 10% Due to Pandemic Impact on Driving
PPG (NYSE:PPG) reported third quarter 2020 net sales of about $3.7 billion, down approximately 4% versus the prior year. Selling prices increased by 1.3%. Sales volumes were down about 5% versus the prior year, which reflect ongoing negative economic impacts of the COVID-19 pandemic. Acquisition-related sales added less than 1% to sales growth, and the […]
Andrea Giunta Named Vice President, Science and Technology, Color at PPG
PPG (NYSE:PPG) announced the appointment of Andrea Giunta as vice president, science and technology (S&T), color, effective Oct. 1. Reporting to David Bem, PPG vice president, S&T and chief technology officer, Giunta will lead the company’s corporate color organization and strategic color direction to enable activities such as automated color matching and digital color renderings. […]
Collision Repair Education Foundation Partners with 90 I-CAR Volunteer Committees on Fundraiser
Winter virtual golf fundraiser, sponsored by PPG, will benefit local collision repair school programs. To raise additional support for high school and college collision school programs, the Collision Repair Education Foundation (CREF) will be collaborating with 90 I-CAR Volunteer Committee groups nationwide on a winter virtual golf fundraiser, exclusively sponsored by PPG Automotive. More information […]
PPG Projects Strong Third Quarter Financial Results
PPG (NYSE:PPG) announced that its third quarter 2020 adjusted earnings per diluted share is expected to be between $1.90 and $1.94. This compares to adjusted earnings per diluted share of $1.67 in the third quarter of 2019. In addition, the company now anticipates that sales volumes versus the third quarter 2019 will be down about […]