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You are here: Home / Archives for PPG Industries

PPG Certification Training Programs Evolve to Address New Technology

April 27, 2017 By CollisionWeek Editor

PPG Certified Technician logo

PPG continues to address evolving automotive refinish technologies with ongoing comprehensive certification training programs designed to keep paint technicians at the forefront of the industry. As OEMs introduce more complex and exotic finishes, PPG is making sure refinish technicians are prepared to meet the challenges the new finishes present. “Maintaining alignment with the industry, PPG […]

Filed Under: News Tagged With: Certification, PPG Industries

PPG Makes Third Offer to AkzoNobel

April 24, 2017 By CollisionWeek Editor

AkzoNobel PPG Merger Proposal

Raises price and commits to break-up fee if antitrust approvals cannot be secured. PPG (NYSE:PPG) today announced that it submitted a revised proposal for a merger with Akzo Nobel N.V. (AKZA.AS; OTCMKTS:AKZOY). The proposal letter, which was provided to Antony Burgmans, Chairman of the Supervisory Board and Ton Büchner, Chief Executive Officer and Chairman of […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, PPG Industries

PPG Announces Two Platinum Distributor of the Year Award Winners for the First Time

April 12, 2017 By CollisionWeek Editor

In an unprecedented move, PPG named two distributors—Southern Auto Color of Gainesville, Ga., and Tasco Auto Color of Houston, Texas—as the recipients of its Platinum Distributor of the Year award. It was the first time PPG has given the prestigious recognition to more than one distributor. Bob Wenzinger, director of the PPG Platinum Distributor program, […]

Filed Under: News Tagged With: Awards, PBE Distributor, PPG Industries

PPG Continues to Pursue AkzoNobel Acquisition

April 7, 2017 By CollisionWeek Editor

AkzoNobel PPG Merger Proposal

Ton Büchner, CEO of AkzoNobel, to outline new strategy April 19, provides Q&A video discussing future of the company On Wednesday, PPG (NYSE:PPG) reiterated its invitation to AkzoNobel (OTCMKTS:AKZOY) to enter into discussions to explore PPG’s proposal to combine the companies. This follows the previous announcements on March 9 and its second proposal on March 22. […]

Filed Under: Feature Tagged With: Acquisitions, AkzoNobel, PPG Industries

AkzoNobel Rejects Second Proposal from PPG

March 22, 2017 By CollisionWeek Editor

Company states proposal fails to recognize value of AkzoNobel and neglects to address significant risks and uncertainties, including extensive anti-trust concerns. AkzoNobel today announced it has rejected a second unsolicited proposal from PPG Industries Inc. to acquire AkzoNobel. According to Akzo, the proposal on March 20, fails to reflect the current and future value of […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, PPG Industries

PPG Reported to Prepare New Bid for AkzoNobel

March 21, 2017 By CollisionWeek Editor

Bloomberg reported yesterday that its sources indicate PPG Industries Inc. is preparing a new takeover bid for Akzo Nobel NV. On March 9, AkzoNobel announced it rejected an unsolicited offer from PPG to form a combined company that AkzoNobel says undervalued its business. In response to the offer, AkzoNobel’s CEO announced the company would explore […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, PPG Industries

PPG Foundation Funds $20,000 in Scholarships through Collision Repair Education Foundation

March 21, 2017 By CollisionWeek Editor

The PPG Foundation has provided $20,000 in funding for the Collision Repair Education Foundation to be awarded to students who have demonstrated a career interest in automotive repair and refinish. The scholarships, $5,000 each, are awarded annually to full-time students attending a post-secondary school with a focus on degree programs in collision repair. The funds […]

Filed Under: News Tagged With: Collision Repair Education Foundation, PPG Industries, Scholarships

AkzoNobel Rejects PPG Merger Proposal

March 9, 2017 By CollisionWeek Editor

AkzoNobel rejects unsolicited offer for merger, announces a review of strategic options for possible separation of its Specialty Chemicals business. AkzoNobel announced today that it rejected an unsolicited offer from PPG to form a combined company that AkzoNobel says undervalued its business. AkzoNobel confirmed it received an unsolicited proposal from PPG for a public offer […]

Filed Under: News Tagged With: Acquisitions, AkzoNobel, PPG Industries

PPG Completes $19 Million Waterborne Automotive Coatings Production Line In China

March 1, 2017 By CollisionWeek Editor

PPG (NYSE:PPG) today marked the completion of a new $19 million high-performance waterborne and high-solids coatings production line at its Wuhu facility in Anhui province, China. The new line enhances the production and service capabilities of PPG’s automotive coatings business for customers in China. The new line at PPG’s Wuhu plant adds production for environmentally-friendly […]

Filed Under: News Tagged With: China, Openings, PPG Industries

PPG Reports 2016 Financial Results, Acquires Refinish Company in China

January 20, 2017 By CollisionWeek Editor

PPG (NYSE:PPG) yesterday reported fourth quarter 2016 net sales of $3.5 billion, down more than 1 percent versus the prior year. Sales in local currencies increased by more than 1 percent aided by sales volume growth approaching 2 percent year-over-year. The net impact from business portfolio actions contributed less than 1 percent to sales growth […]

Filed Under: News Tagged With: Acquisitions, China, Earnings, PPG Industries

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