Historic Acquisition by Polish Company in the US

Qemetica Enters Agreement to Acquire Silicas Products Business for USD 310 Million from American PPG

04-Sep-2024 - Qemetica has signed an agreement with American corporation PPG to purchase its silicas products business for near PLN 1.2 billion (USD 310 million). The Polish chemical group will acquire certain assets of PPG and an operating subsidiary of PPG, which results in the acquisition of two factories ...

PPG Reports Growth in Sustainable Product Sales, Progress on Sustainability Goals

29-Apr-2015 - PPG Industries announced its progress toward achieving its 2020 sustainability goals, which are outlined in the company’s 2014 Corporate Sustainability Report.In 2014, the company increased energy efficiency and improved employee safety, health and well-being. The company also achieved 27 per ...

PPG Completes Acquisition of Automotive Specialty Materials Manufacturer REVOCOAT

07-Apr-2015 - PPG Industries announced that it has completed the acquisition of REVOCOAT, a global supplier of sealants, adhesives and damper products for the automotive industry, from the AXSON Group. Financial terms were not disclosed.“The addition of REVOCOAT to our automotive coatings business strengthens ...

PPG Submits Offer to Acquire Majority Interest in Aerospace and Automotive Sealants Businesses of Le Joint Francais

03-Feb-2015 - PPGIndustries announced that it has submitted an offer to acquire a majority interest in the aerospace and automotive sealants businesses of Le Joint Français (LJF). LJF is a supplier of sealants and adhesives products for the aerospace and automotive industries and has been a long-term licensee ...

PPG Industries Chairman and CEO Charles E. Bunch to Receive the ICIS Kavaler Award

15-Jul-2013 - The ICIS Kavaler Award, sponsored by The Chemists' Club in recognition for outstanding achievement as voted on by his peers, will be awarded to PPG Industries chairman and CEO Charles E. Bunch.The distinguishing feature of this award is that the winner is selected by his/her peers - the senior ...

AkzoNobel to divest its North American Decorative Paints business

19-Dec-2012 - AkzoNobel announced the divestment of its North American Decorative Paints business to PPG Industries, Inc. (PPG), for the value of $1.05 billion. The company made the decision to divest Decorative Paints North America following a four year turnaround. AkzoNobel has made the choice to focus its ...

PPG Completes Acquisition of Dyrup

09-Jan-2012 - PPG Industries announced that it has completed the purchase of European coatings company Dyrup A/S, based in Copenhagen, Denmark, from its owner, Monberg & Thorsen, a public holding company. The final transaction value, including assumed debt, was €115 million ($150 million), subject to customary ...

PPG to Purchase European Coatings Company Dyrup

09-May-2011 - PPG Industries announced the signing of a share purchase agreement to acquire Dyrup A/S, a European coatings company based in Copenhagen, Denmark, from its owner, Monberg & Thorsen, a public holding company. The total transaction value, including assumed debt, is around €135 million ($200 ...

PPG announces price increase on multi-end rovings

07-Dec-2009 - PPG Industries’ fiber glass business announced that it is raising prices on all multi-end rovings by 5-10 cents per pound (US) effective Jan. 1, 2010, or as permissible by contract. “The recession caused price erosion and unsustainable profit levels,” said Kevin McDonald, PPG general manager, ...

PPG appoints Beuke vice president, silica products

26-Oct-2009 - PPG Industries announced Richard A. Beuke has been appointed vice president, silica products, effective Nov. 1. He will be based at the company's Monroeville, Pa., chemicals center and report directly to Richard C. Elias, senior vice president, optical and specialty materials. Beuke is currently ...