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
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
PPG Industries is increasing its precipitated silica production capacity at its Lake Charles,La.,manufacturing location by more than 22,000 tons per year in response to growing demand. "Last September,we announced an increase in our ...
Tags: PPG, Raise, Demand, Precipitated Silica