Recent news regarding PPG Industries (PPG) highlights major developments, financial performance indicators, and future expectations. Key stories include the launching of HI-GARD coating, a methanol-free solution for lenses, and the VELOCITY Refinish System. The notion of sustainability and innovation in PPG's product portfolio has been flagged for investors. Meanwhile, financial news reports mixed responses to PPG's earnings; the company missed some quarterly forecasts due to divestitures and soft demand, but also saw increases in its dividend and was reported to have beaten earnings estimates for Q1 and Q2. A new manufacturing facility in North Carolina represents a significant $380 million investment. The company faced challenges with the closure of a Pennsylvania facility and fluctuating stock outcomes. Despite challenges, Deutsche Bank maintained a buy rating, and recognition came from TIME Magazine’s World’s Best Companies list. PPG’s enhanced its safety practices with non-methanol lens coating, contributing to manufacturing safety in eye care. PPG's Management changes included the appointment of Meghan Barrera as Global Strategic Marketing Director, Packaging Coatings and Joe Gette as senior VP, and general counsel. Finally, the company is set to capitalize on its strategic partnership with Asian Paints, securing access to the Indian market.
Ppg Industries PPG News Analytics from Thu, 02 Jan 2025 08:00:00 GMT to Thu, 25 Sep 2025 14:41:00 GMT -
Rating 4
- Innovation 6
- Information 8
- Rumor -2
