PPG Industries (PPG) is vigorously enhancing its market position as seen with its investment strategies, accords from established investors and innovative product launches. Investment bodies like
Css LLC, Tidal Investments LLC and UBS ASSET MANAGEMENT have collectively bought shares mounting into millions, furthering PPG's expansion. Their position has been further solidified by recently being recognized on Financial Times list for
'Europe's Best Employers 2025'.
PPG strengthened its eco-friendly efforts by launching
Sustainable Powder Coatings with recycled plastic content and PFAS-free formulation.
ENVIROLUXE Plus powder is their latest addition into this line. Pushing growth, they announced building a
$380M manufacturing facility in North Carolina.
PPG also introduced new clearcoat products for repair segments and electric vehicle battery pack solutions that exhibit their commitment to innovation. An announcement from Q1 2025 indicated that the company is tackling currency challenges effectively, but a weakness in industrial coating demand caused a miss in their quarterly profit estimates. Going forward, PPG plans to cut costs by laying off approximately 1,800 workers.
Ppg Industries PPG News Analytics from Wed, 16 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 09:51:28 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -3
