Welcome to our dedicated page for Ppg Inds news (Ticker: PPG), a resource for investors and traders seeking the latest updates and insights on Ppg Inds stock.
PPG Industries Inc (NYSE: PPG) is a global leader in coatings and specialty materials, serving automotive, aerospace, and construction markets since 1883. This dedicated news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and technological innovations.
Access PPG's official press releases, earnings reports, and strategic announcements in one centralized location. Our curated collection includes updates on sustainability initiatives, product launches, and market expansions, enabling stakeholders to track the company's progress in key growth areas.
Key content categories span quarterly financial results, manufacturing advancements, environmental commitments, and leadership changes. All materials are sourced directly from PPG's corporate communications to ensure accuracy and compliance with disclosure regulations.
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PPG (NYSE: PPG) announced that Joe Gette will assume the role of vice president, deputy general counsel, and secretary effective June 1. Gette, previously the assistant general counsel for M&A and securities, will report to Anne M. Foulkes, PPG's senior vice president and general counsel. He will oversee corporate secretary responsibilities and manage legal duties related to M&A, securities, and labor for the U.S. and Latin America regions. Gette has been with PPG since 2005 and has extensive legal experience in various business units.
PPG has launched the world’s first commercial retroreflective powder coating, Envirocron LUM, in partnership with Lyft for their e-bikes in the DIVVY bike-share program. This innovative coating enhances cyclist visibility, a critical safety feature as bicycle-related deaths rose 37% from 2010 to 2019. Inspired by nature, the powder coating utilizes embedded glass beads for increased light reflection. Lyft's pilot program began in June 2021, expanding to major cities including San Francisco and New York City, and honors Lyft engineer Abel Lopez, promoting cyclist safety.
PPG (NYSE:PPG) held its adjourned annual meeting virtually, where shareholders voted to amend the Articles of Incorporation, replacing the supermajority voting requirements. This change aims to enhance PPG’s corporate governance practices. Chairman and CEO Michael McGarry highlighted the significance of this vote, noting extensive shareholder outreach efforts, including over 60,000 phone calls. Shareholders also re-elected directors, approved executive compensation, and ratified PricewaterhouseCoopers LLP as the independent accounting firm for 2022.
PPG (NYSE: PPG) has inaugurated a new $2.1 million color automation laboratory in
PPG (NYSE: PPG) has launched a new high-efficiency power-generation facility at its Quattordio, Italy site, aimed at reducing energy costs by 13% and carbon dioxide emissions by 10% annually. This $2.8 million project employs trigeneration technology, capable of using natural gas and up to 60% hydrogen with further modifications. Grastim is responsible for financing and operating the facility for seven years. PPG emphasizes its commitment to sustainability and improving operational efficiency in response to rising energy costs.
PPG (NYSE:PPG) will invest $17 million to establish an aerospace application support center in Toulouse, France, enhancing service to local aerospace customers. The facility, near Toulouse Blagnac Airport, is expected to commence operations in the fourth quarter of 2023. It will be PPG's fifth ASC in the EMEA region and aims to improve product delivery and technical resources. The center will have capabilities including a qualification lab, training areas, and customer service resources, supporting PPG’s growth strategy and regional customer engagement.