PPG (NYSE:PPG) today reported second quarter 2021 net sales of approximately $4.4 billion, approximately 45% higher than the prior year. Selling prices increased by 3.5% and sales volumes were higher by approximately 24% in comparison to the previous year. Favorable foreign currency translation impacted net sales by about 6%, or about $185 million, and acquisition-related […]
Melissa Wills Named Vice President, Finance Administration at PPG
PPG (NYSE:PPG) today announced the appointment of Melissa Wills as vice president, finance administration, effective August 1. Wills will continue to report to PPG senior vice president and chief financial officer (CFO), Vince Morales. In this newly created role, Wills will continue with her current responsibilities as CFO, Americas, and will add responsibility and oversight […]
PPG Launches Digital Color-Matching Device for Commercial Vehicles in EMEA
PPG (NYSE: PPG) announced the introduction of its ColorReader portable digital device in its Europe, Middle East and Africa (EMEA) region. ColorReader enables customers in the commercial vehicle sector to quickly and precisely match colors to the PPG Delfleet One color palette and international standard colors. ColorReader is a Bluetooth-connected device that works with a […]
PPG Introduces Waterborne Low-Gloss Clearcoat System
PPG (NYSE:PPG) announced the launch of its 2.1 Low VOC Matte and Semi-Gloss Clearcoats for use with the Envirobase High Performance basecoat system in the United States and Canada. Comprised of two premium-quality 2K acrylic urethane clears, the system can reproduce a range of gloss levels—making it ideal for performing refinish repairs on low-gloss finishes […]
PPG Completes Acquisition Wörwag
PPG (NYSE: PPG) has completed its previously announced acquisition of Wörwag, a global manufacturer of coatings for industrial and automotive applications. The company specializes in developing sustainable liquid, powder and film coatings and operates locations in Germany, the U.S., China, South Africa, Mexico, Spain, Switzerland and Poland, with headquarters in Stuttgart, Germany. Founded in 1918, […]
PPG Acquires Automotive Coatings Manufacturer Cetelon
PPG (NYSE: PPG) today announced that it has acquired Cetelon Lackfabrik GmbH, a manufacturer of coatings for automotive and light truck wheel applications. Financial details of the transaction were not disclosed. Cetelon develops and manufactures a wide range of coating systems for the wheel industry, including certain proprietary technologies. It operates production and sales offices […]
PPG Reports Record First Quarter Sales of $3.9 Billion
PPG (NYSE:PPG) reported first quarter 2021 net sales of approximately $3.9 billion, approximately 15% higher than the prior year. Selling prices increased by nearly 2% and sales volumes were higher by approximately 7% year over year. Favorable foreign currency translation impacted net sales by more than 3%, or about $110 million, and acquisition-related sales contributed […]
PPG Adds SEM Products to AdjustRite Commercial Estimating System
PPG (NYSE:PPG) today announced that it has expanded the capabilities of the PPG AdjustRite commercial estimating system by adding SEM adhesives, sealers and undercoats to the platform’s Commercial Parts Listing Program supplier database. SEM Products, Inc., manufactures specialized automotive refinish products and was acquired by PPG in 2018. “We’re very pleased to add SEM products […]
Ideal Distributors Named PPG Automotive Refinish Platinum Distributor of the Year
PPG (NYSE:PPG) today announced that it has honored Ideal Distributors of St. George, Utah, as its automotive refinish 2020 Platinum Distributor of the Year. The annual award recognizes the distributor that demonstrates outstanding performance, loyalty, product knowledge, customer service and support. Chris Dewes, PPG director, platinum distribution programs, automotive refinish, U.S. and Canada, recently met […]
Tony Wu Appointed Vice President of Automotive Refinish, Asia at PPG
PPG (NYSE:PPG) announced the appointment of Tony Wu as vice president, automotive refinish, Asia, effective today. He will report to Chancey Hagerty, vice president, global automotive refinish, and will succeed Pauline Yuen, who has announced her intent to retire, effective March 19. Wu, current vice president, Greater China industrial coatings (IC) and global electronic materials, […]