Profile: PPG Industries Inc (PPG.N)
PPG Industries, Inc. (PPG), incorporated on August 24, 1883, manufactures and distributes a range of coatings, specialty materials and glass products. PPG operates through three business segments: Performance Coatings, Industrial Coatings and Glass. PPG is a global supplier of coatings. The Performance Coatings and Industrial Coatings segments supply coatings and specialty materials for customers in a range of end-use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment (automotive OEM), and other industrial and consumer products. In addition to supplying coatings to the automotive OEM market, PPG supplies refinishes to the automotive aftermarket. PPG also serves commercial and residential new build and maintenance markets by supplying coatings to painting and maintenance contractors and directly to consumers for decoration and maintenance.
The Performance Coatings segment consists of the refinish, aerospace, protective and marine, architectural-Americas and Asia Pacific, and architectural-EMEA coatings businesses. The refinish coatings business supplies coatings products for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings and specialty coatings for signs. These products are sold primarily through independent distributors. The aerospace coatings business supplies coatings, sealants and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications, and provides chemical management services for the aerospace industry. PPG supplies products to aircraft manufacturers and maintenance and aftermarket customers across the world both on a direct basis and through a Company-owned distribution network. The protective and marine coatings business supplies coatings and finishes for the protection of metals and structures to metal fabricators, heavy duty maintenance contractors and manufacturers of ships, bridges and rail cars.
The architectural coatings-Americas and Asia Pacific business primarily produces coatings used by painting and maintenance contractors, and by consumers for decoration and maintenance of residential and commercial building structures. These coatings are sold under various brands, including PPG, GLIDDEN, COMEX, OLYMPIC, DULUX (in Canada), SIKKENS, PPG PITTSBURGH PAINTS, MULCO, FLOOD, LIQUID NAILS, SICO, CIL, RENNER, TAUBMANS, WHITE KNIGHT, BRISTOL and HOMAX. The architectural coatings-Americas and Asia Pacific business operates over 920 Company-owned stores in North America, over 40 Company-owned stores in Australia and over 100 Company-owned stores in Central America. PPG owns approximately 60 Company-owned stores throughout Central America, and it sells coatings and related products through over 4,000 stores that are independently owned and operated by over 700 concessionaires, primarily in Mexico.
The architectural coatings-EMEA business supplies a range of coatings and purchased sundries to painting contractors and consumers in Europe, the Middle East and Africa. The coatings are sold under various brands, including SIGMA, HISTOR, SEIGNEURIE, GUITTET, PEINTURES GAUTHIER, RIPOLIN, JOHNSTONE'S, LEYLAND, PRIMALEX, DEKORAL, TRILAK, PROMINENT PAINTS, GORI and BONDEX. Architectural coatings-EMEA products are sold through a combination of over 680 Company-owned stores, regional home centers, paint dealers and independent distributors, and directly to customers.
The Industrial Coatings segment consists of the automotive OEM, industrial coatings, packaging coatings, and specialty coatings and materials businesses. Industrial, automotive OEM, packaging coatings, and specialty coatings and materials products are formulated specifically for the customers' needs and application methods. The industrial and automotive OEM coatings businesses sell directly to a range of manufacturing companies. PPG also supplies adhesives and sealants for the automotive industry, and metal pretreatments and related chemicals for industrial and automotive applications. PPG owns an interest in PPG Kansai Automotive Finishes to serve Japanese-based automotive OEM customers in North America and Europe. The packaging coatings business supplies coatings to the manufacturers of aerosol, food and metal beverage containers. The primary specialty coatings and materials products are amorphous precipitated silicas for tire, battery separator and other end-use markets; TESLIN substrate used in such applications as radio frequency identification (RFID) tags and labels, e-passports, drivers' licenses and identification cards; organic light emitting diode (OLED) materials for use in displays and lighting; optical lens materials and photochromic dyes for optical lenses, and color-change products.
The Glass segment consists of the flat glass and fiber glass businesses. PPG is a producer of flat glass in North America and a producer of fiberglass in North America and Europe, as well as Asia through its partnership with Nan Ya Plastics Corp, primarily to serve the electronics industry. PPG's major markets are commercial and residential construction and the wind energy, energy infrastructure, transportation and electronics industries. Most glass products are sold directly to manufacturing companies. PPG manufactures flat glass by the float process and fiberglass by the continuous-strand process.
The Company competes with Akzo Nobel N.V., Axalta Coating Systems Ltd., BASF Corporation, Valspar Corporation, Nippon Paint, Asahi Glass Company, Cardinal Glass Industries, Guardian Industries, NSG Pilkington, Owens Corning, Jushi Group, Johns Manville Corporation, CPIC Fiberglass, Taishan Fiberglass, Hempel A/S, the Jotun Group, Masco Corporation, the Sherwin-Williams Company, Benjamin Moore, Materis Paints and RPM International Inc.
PPG Industries Inc
1 Ppg Pl
PITTSBURGH PA 15272-0001
Company Web Links
- BRIEF-Ppg industries-in connection with morales's appointment as cfo, his monthly salary will be increased to $41,667
- BRIEF-PPG Industries appoints Morales as senior vice president, CFO
- BRIEF-PPG announce quarterly dividend of 40 cents per share
- BRIEF-PPG Industries Q3 loss per share $0.75 from continuing operations
- Chemical company PPG sees first quarterly loss since 2009