PPG Industries announced the successful closing of the previously announced separation of its commodity chemicals business and merger of its wholly-owned subsidiary, Eagle Spinco Inc., with a subsidiary of Georgia Gulf Corporation. Pursuant ...
Tags: PPG, Eagle Spinco, Subsidiary, Georgia Gulf
PPG Industries has announced that company officials expect its previously announced separation of its commodity chemicals business and its merger with a subsidiary of Georgia Gulf Corp. to be completed later today. Upon the completion of ...
Tags: chemicals business, chemicals, PPG
Following Georgia Gulf Corporation's pending merger with PPG, the company will be known as Axiall Corporation, Georgia Gulf said Monday. "The new and distinctive brand represents a clear break from the legacy names of the two ...
Tags: Georgia Gulf, merger, PPG
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
PPG Industries announced that it has declared force majeure for vinyl chloride monomer manufactured at the company’s Lake Charles, La., chemicals complex and for all grades of liquid caustic soda on a system wide basis. The company ...
Tags: PPG Industries, majeure, vinyl chloride monomer, iquid caustic soda
PPG Industries announced that it has commenced its exchange offer related to the split-off transaction of its commodity chemicals business.The split-off transaction is in connection with the separation and merger of Eagle Spinco Inc.,a ...
Tags: PPG Industries, Commodity Chemicals Business, split-off transaction
PPG Industries has commenced its exchange offer related to the split-off transaction of its commodity chemicals business. The split-off transaction is in connection with the separation and merger of Eagle Spinco Inc., a wholly-owned ...
Tags: PPG Industries, exchange offer, transaction, commodity chemicals business
PPG Industries announced last week that it has received a favorable private letter ruling from the U.S. Internal Revenue Service regarding the previously announced separation of its commodity chemicals business and subsequent merger of a ...
Tags: PPG Industries, Internal Revenue Service, commodity chemicals business
PPG Industries recently announced that it has received a favorable private letter ruling from the U.S. Internal Revenue Service regarding the previously announced separation of its commodity chemicals business and subsequent merger of a ...
Tags: PPG Industries, Internal Revenue Service, commodity chemicals
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
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
Georgia Gulf Corporation (GGC), a leading North American manufacturer and international marketer of commodity chemicals as well as polymers, is considering buying a stake in any US-based ethylene plant to meet its raw material requirements. ...
Tags: ethylene plant, commodity chemicals, polymers, ethylene
NATRIUM-By early 2013,the$2.1 billion merger of the PPG Industries Natrium plant-along with other portions of the Pittsburgh-based company's chemical business-and Atlanta-based Georgia Gulf will be complete. "Going forward,we believe ...
Tags: NATRIUM, chemical, merger, natural gas
PPG Industries reported third quarter 2012 net sales of $3.8 billion. Net income for the quarter was $339 million, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring charges, was $348 million. ...
Tags: PPG Industries, automotive OEM, refinish coatings, Performance Coatings
PITTSBURGH,Sept.12,2012–PPG Industries(NYSE:PPG)announced today that it is increasing its precipitated silica production capacity at the Lake Charles,La.,manufacturing location by more than 22,000 tons per year in response to growing ...
Tags: North America, Precipitated Silica Production, Silica Products, PPG