Newsroom

19/01/2017
PPG appoints Morales as senior vice president and chief financial officer; Sklarsky announces retirement
PPG today announced that its board of directors has elected Vincent J. Morales to serve as senior vice president and chief financial officer (CFO), effective March 1. Morales is replacing Frank S. Sklarsky as CFO, who has announced his retirement also effective March 1.

19/01/2017
PPG directors announce quarterly dividend of 40 cents per share
The board of directors of PPG today declared a regular quarterly dividend of 40 cents per share, payable March 10 to shareholders of record Feb. 17.

05/01/2017
PPG completes acquisition of Romanian paint and coatings manufacturer DEUTEK
PPG today announced that it has completed its acquisition from the Emerging Europe Accession Fund (EEAF) of DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer that reported sales of 30 million euros in 2015. Financial terms were not disclosed.

23/12/2016
PPG reaches agreement with Knauf for sale of Plaka plasterboard business
PPG today announced that it has reached a definitive agreement to sell the assets of its Mexico-based Plaka plasterboard and cement-board business to Knauf International GmbH. The transaction is expected to close in the first half of 2017, subject to regulatory approvals and other customary closing conditions. Financial terms were not disclosed.

21/12/2016
PPG completes COLORFUL COMMUNITIES project at Whare Koa Mangere Community House in New Zealand
PPG today announced the completion of a COLORFUL COMMUNITIES™ project in Mangere, New Zealand, near Auckland that helped to revitalize Whare Koa Mangere Community House. The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world, such as in Auckland, where PPG has an industrial coatings manufacturing facility and a multibusiness sales office.

20/12/2016
PPG to announce fourth quarter and full-year 2016 results Jan. 19, 2017
PPG announces details for its fourth quarter and full-year 2016 earnings release and teleconference call, Thursday, Jan. 19, 2017.

13/12/2016
PPG enhances University Talent Power Program to provide career advice to college students in China
PPG successfully completed the 2016 University Talent Power Program in China. This year, the company provided more than RMB 470,000 in scholarships for 110 talented students in 11 Chinese universities. Also, PPG enriched the program with the launch of the Career Intelligence Class, which provided professional quality and soft-skills training for over 700 college students about to enter the workforce.

09/12/2016
PPG initiates global restructuring, targeting $125 million in annual savings
PPG announced today that its board of directors approved significant and broad restructuring actions to reduce its global cost structure. The actions are focused on certain regions and end-use markets where business conditions are weakest, and they are targeting structural reductions in operating, functional and administrative costs.

06/12/2016
PPG to distribute wastewater substrate-repair products from Sauereisen
PPG has reached an agreement to distribute several wastewater infrastructure-repair products manufactured by Sauereisen, a leading global producer of corrosion-resistant materials for industrial applications. Products PPG will offer include RestoKrete™ substrate resurfacer No. F-121, RestoKrete No. 208 filler compound, and RestoKrete No. 209 and No. 209FS filler compounds.

21/11/2016
PPG completes COLORFUL COMMUNITIES project at Academy Prep Center
As part of its global community engagement efforts, PPG announced the completion of a COLORFUL COMMUNITIES™ project that helped to brighten and revitalize classrooms at Academy Prep Center of St. Petersburg, Florida. In addition, the PPG Foundation donated $20,000 on behalf of PPG’s architectural coatings business to support the school’s science, technology, engineering and math programs.

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