STOCK TITAN

PPG Announces Agreement with Vizient for Paint Products, Expanding Market Share Opportunity in Healthcare Segment

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags

PPG (NYSE: PPG) today announced an agreement with Vizient, the nation’s largest member-driven healthcare performance improvement company. Financial details of this agreement were not disclosed.

Vizient members will be able to purchase a variety of PPG paint products at contracted pricing, including those with low or zero volatile organic compounds* (VOC). The paint is available for maintenance and decoration across Vizient’s member healthcare organizations, including large integrated delivery networks, academic medical centers, community hospitals, pediatric facilities and non-acute care providers.

One of the PPG paint products available through the agreement is PPG PAINTS™ PURE PERFORMANCE® interior latex primer, a premium low-odor, zero-VOC* primer, ideal for hospitals due to its low odor and fast dry time. Antimicrobial PPG paint products may be available through the agreement in the future.

“PPG is proud to be Vizient’s paint supplier, offering innovative products that will support the company’s healthcare members, which include more than half of the nation’s acute care providers and over 20% of ambulatory care providers,” said Vinny O’Sullivan, PPG senior general manager, trade, architectural coatings, U.S. and Canada. “At PPG, we know that facility managers for medical providers want to keep their locations clean and updated through paint maintenance projects that are not time-intensive. PPG has the industry-leading expertise, customer support and product solutions to accomplish these jobs.”

*Colorants added to these base paints may increase the VOC level significantly depending on color choice.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world and PPG Paints are trademarks and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.
Pure Performance is a registered trademark of PPG Architectural Finishes, Inc.

PPG Industries, Inc.

NYSE:PPG

PPG Rankings

PPG Latest News

PPG Stock Data

31.17B
234.39M
0.31%
83.66%
1.76%
Paint and Coating Manufacturing
Manufacturing
Link
United States of America
PITTSBURGH

About PPG

ppg industries' vision is to be the world’s leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. through leadership in innovation, sustainability and color, ppg provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. founded in 1883, ppg has global headquarters in pittsburgh and operates in more than 70 countries around the world. reported net sales in 2014 were $15.4 billion. ppg shares are traded on the new york stock exchange (symbol:ppg). for more information, visit www.ppg.com and follow @ppgindustries on twitter.