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01/11/2016
PPG reaches agreement to acquire Romanian paint and coatings manufacturer DEUTEK
PPG today announced that it has reached an agreement with the Emerging Europe Accession Fund (EEAF) to acquire DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer. PPG expects the transaction to close in the first quarter 2017, following the receipt of regulatory approvals and satisfaction of customary closing conditions. Financial terms were not disclosed.

28/10/2016
PPG marks completion of silica capacity expansion at Delfzijl, Netherlands, plant
PPG today held a ceremony marking the completion of a project to increase precipitated silica production capacity at its Delfzijl, Netherlands, manufacturing location. The expansion, which came on line earlier this year, adds capacity of more than 15,000 tons per year of advanced precipitated silica products.

27/10/2016
PPG prices offering of euro-denominated senior notes
PPG announced today that it has priced a public offering of 300 million euros aggregate principal amount of 0.000% notes due 2019 (the “2019 Notes”) at an issue price of 99.632% of the principal amount and 600 million euros aggregate principal amount of 0.875% notes due 2025 (the “2025 Notes” and, together with the 2019 Notes, the “Notes”) at an issue price of 98.836% of the principal amount.

27/10/2016
PPG completes first phase of automotive adhesives and sealants manufacturing expansion project in Mexico
PPG announced today the completion of the first phase of an expansion project at its facility in Tepotzotlan, Mexico. The completed expansion, which adds production and distribution capacity for automotive adhesive and sealant products, is part of a two-phase project that will help PPG meet increasing demand in the growing Mexican automotive manufacturing industry.

24/10/2016
PPG announces executive appointments
PPG today announced two executive appointments. Jane Valenta will become vice president technical, global architectural coatings, and Mark Cancilla will replace Valenta as vice president, environment, health and safety (EHS).

20/10/2016
PPG reports third quarter 2016 financial results
PPG today reported third quarter 2016 net sales of $3.8 billion, up almost 2 percent versus the prior-year figure of $3.7 billion. Sales volumes grew 1.6 percent and acquisition-related sales contributed more than 2 percent, partly offset by a slight decline in selling prices. Unfavorable foreign currency translation impacted net sales by nearly 2 percent, or about $65 million.

20/10/2016
PPG reports third quarter 2016 financial results
PPG today reported third quarter 2016 net sales of $3.8 billion, up almost 2 percent versus the prior-year figure of $3.7 billion. Sales volumes grew 1.6 percent and acquisition-related sales contributed more than 2 percent, partly offset by a slight decline in selling prices. Unfavorable foreign currency translation impacted net sales by nearly 2 percent, or about $65 million.

07/10/2016
PPG provides update on third quarter 2016 financial results
PPG today announced that the third quarter 2016 reported loss per share from continuing operations is expected to be in the range of 74 cents to 77 cents compared to reported earnings per share from continuing operations of $1.52 in the third quarter 2015. Reported earnings include previously disclosed pension settlement charges that totaled $2.31 per share in third quarter 2016 and 2 cents per diluted share in the previous year. Adjusted earnings from continuing operations for the third quarter 2016 are expected to be in the range of $1.54 to $1.57 per share, compared to $1.54 per diluted share in the prior year’s quarter. Net sales for the third quarter 2016 are expected to be approximately $3.8 billion.

04/10/2016
PPG acquires naming rights for Pittsburgh Penguins home, to become ‘PPG PAINTS Arena’
PPG today announced that it has reached an agreement with the Pittsburgh Penguins to immediately assume naming rights for Pittsburgh’s multipurpose arena. Previously known as “CONSOL Energy Center,” the facility now will be named “PPG PAINTS Arena.” PPG also becomes the official paint supplier of the Pittsburgh Penguins. Financial terms for the 20-year agreement were not disclosed.

03/10/2016
PPG completes sale of European fiber glass operations to Nippon Electric Glass
PPG today announced that it has completed the sale of its European fiber glass operations to glass manufacturer Nippon Electric Glass Co. Ltd. (NEG). Financial terms were not disclosed.

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