PPG (NYSE:PPG) today announced the launch of the PPG Sustainability CO₂NCEPT system, a suite of products, processes, digital tools and consulting services designed to help body shops in Europe, Middle East and Africa (EMEA) markets reduce energy, waste and greenhouse gas emissions throughout the automotive repair process. “Like many industries, there is immense pressure for […]
PPG, PPG Foundation to Invest $5 million in Environmental Sustainability Education
PPG (NYSE:PPG) and the PPG Foundation today announced a commitment to invest $5 million by 2030 in environmental sustainability education. Aligning with PPG’s 2030 sustainability targets and priorities, the new commitment will strengthen support of the next generation of innovators and maximize the impact within communities where PPG operates. The company will support programs that […]
Collision Repair Education Foundation Announces Over $130,000 in Scholarships and Tool Grants
Nearly 90 collision repair students receive industry support facilitated by CREF. The Collision Repair Education Foundation (CREF) announced the recipients of its 2023 Scholarships and Tool Grants, funded through the generosity of a multitude of small and large industry partners. With the industry’s support, CREF funded over $130,000 in 2023 scholarships and tool grants, benefitting […]
PPG Inaugurates Automotive Color Development Center in Italy
Innovative facility uses AI tools for color development and quality control. PPG (NYSE:PPG) announced that it has inaugurated a center of excellence at its Quattordio, Italy site that will increase the efficiency for automotive color development and application. The $2.6 million (€2.3 million) investment combines color development and application in a single process, reducing the […]
PPG to Reduce Carbon Emissions by 9,400 Metric Tons Annually with Renewable Energy Investment
PPG (NYSE:PPG) announced an agreement with NRG Energy Inc. (NYSE:NRG) brand Direct Energy that will enable four PPG paints and coatings manufacturing facilities and 62 PPG PAINTS stores in Texas to reduce their carbon footprint. According to the U.S. Environmental Protection Agency’s (EPA) greenhouse gas (GHG) equivalencies calculator, the initiative is estimated to reduce PPG’s […]
PPG Invests $44 million to Boost Global Powder Coatings Production
PPG (NYSE:PPG) announced a $44 million investment to upgrade five powder coating manufacturing facilities in the U.S. and Latin America. Collectively, the investment – $30 million for U.S. plants and $14 million for facilities in Latin America – is expected to increase overall capacity, add production capabilities for bonded metallic powders, improve processing times with automated […]
PPG Outlines Growth Framework at Investor Event
PPG (NYSE:PPG) today announced the company’s growth framework to deliver Purposeful, Profitable Growth. The company shared details of its organic growth framework and expectations for organic sales and adjusted earnings per share (EPS) growth. In addition, the company communicated the validation of its decarbonization targets by the Science-Based Targets initiative (SBTi). PPG president and chief […]
PPG Launches Paint Films Solutions for Automotive and Industrial Customers
PPG (NYSE:PPG) today announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint venture. Specific financial and ownership terms were not disclosed. Paint […]
Christine Camsuzou Name Vice President, Procurement and Chief Procurement Officer at PPG
PPG (NYSE:PPG) today announced that Christine Camsuzou, currently interim chief procurement officer (CPO), has been appointed vice president, procurement and CPO, effective immediately. Reporting to Ram Vadlamannati, senior vice president, operations, Camsuzou will be responsible for leading PPG’s global procurement team, processes and strategy. “Christine is a proven leader who has held many key regional […]
PPG Reports Record Sales of Nearly $4.4 Billion in First Quarter
Refinish coatings organic sales flat compared to last year. PPG (NYSE:PPG) yesterday reported net sales of $4.38 billion for the first quarter 2023, a record for the company and up 2% from 4.308 billion in the first quarter last year. According to the company, the year-over-year net sales change was the result of higher selling […]
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