PPG Industries reported fourth quarter 2012 net sales of $3.6 billion. Net income for the quarter was $227 million, or $1.46 per diluted share, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring ...
Tags: PPG, fourth quarter, 2012, net sales
With its proposed $1 billion acquisition of Akzo's North American house paint business PPG Industries, Inc. has found a use for the $900 million in cash proceeds from its soon to be completed commodity chemicals divestiture. Importantly, ...
Tags: Housing Recovery, PPG Industries, Construction, Akzo
In terms of mergers and acquisitions, restructuring, portfolio changes and investment projects, one of the most active sectors in the European coatings supply chain is dispersions. Despite a slow growth in demand for coatings, ...
Tags: coatings supply, European, VOCs, dispersions market
On the face of it the outlook in Europe for OEM automobile coatings looks grim at the moment. The region is estimated to have a 20 percent overcapacity in car manufacturing so that plant closures are seen to be sooner or later ...
BASF and Prosol Lacke + Farben GmbH signed a contract for the sale of the decorative paints business of Relius Coatings GmbH & Co. KG in Germany and Relius France SAS in France. The business encompasses construction paints and plaster as ...
Tags: BASF, Farben GmbH, sale, decorative paints business
Global alternative asset manager The Carlyle Group and DuPont today announced that they have signed a definitive agreement whereby Carlyle will purchase DuPont Performance Coatings (DPC) for $4.9 billion in cash. The transaction is expected ...
Tags: DuPont, Carlyle Group, DPC
PPG Industries has completed its previously announced acquisition of certain assets of Spraylat Corp.,a privately-owned industrial coatings company based in Pelham,NY.Financial terms were not disclosed. The acquisition furthers the ...
Tags: PPG, Acquisition, Spraylat, coatings
PPG Industries announced that it has reached a definitive agreement to acquire the North American architectural coatings business of AkzoNobel, N.V., Amsterdam, in a deal valued at $1.05 billion. The transaction has been approved by the ...
Tags: Architectural Coatings Business, Architectural Coatings
Luvata, a world leader in metal solution manufacturing, heat transfer technology and engineering and design services, is introducing a certified training and licensee programme that will quickly bring its branded Insitu spray-applied coil ...
Tags: HVACR, manufacturing, heat transfer, coil
Luvata, a world leader in metal solution manufacturing, heat transfer technology and engineering and design services, is introducing a certified training and licensee programme that will quickly bring its branded Insitu® spray-applied ...
AkzoNobel today announced that the Supervisory Board and Board member Leif Darner have mutually agreed that Leif will step down from the Board of Management at the 2013 AGM in April.Conrad Keijzer,currently Managing Director of AkzoNobel ...
Tags: AkzoNobel announces, Board of Management, Industrial Chemicals
The paint and coatings industry has put a tremendous emphasis on the Chinese market where the largest international paint manufacturers all have built major operations and continue to invest there. Chinese paints and coatings ...
Tags: China, Investment, Continue, Expand, PPG
Europe's wood coatings sector is one in which there are pockets of sluggish growth or even decline but others in which there has recently been strong increases in demand, particularly in Central and Eastern Europe(CEE). It is a relatively ...
PPG Industries'industrial coatings business has expanded the range of applications for Durabull heavy-duty protective coatings in the automotive parts and accessories market.Formulated from an aliphatic polyurea technology,DuraBull coatings ...
Tags: Durabull, AccessoriesMarket, PPG, Industries
Special-effect coatings by PPG Industries’(NYSE:PPG)aerospace coatings group enabled Virgin Atlantic Airways to have the unique reflectivity and bright,vibrant color the airline’s design and engineering teams wanted for its new ...
Tags: Special-effect, PPG Industries', Virgin Atlantic Airways, Airbus A330