Partners in Paint: PPG acquires Cetelon Lackfabrik GmbH
Pittsburgh, Pennsylvania — The giant that is PPG continues to grow as the automotive paint developer announced that it has acquired Cetelon Lackfabrik GmbH, a fellow coatings manufacturer across the ocean in Germany. “The strategic acquisition of Cetelon will allow PPG to further build upon its existing coatings product portfolio, liquid and powder coating technologies […]
Tuesday Ticker: April 27, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, PPG scores a consecutive Gold Rating in business sustainability, AkzoNobel reports growth for 2021’s first quarter and auto parts supplier Martinrea teams up for a joint battery research venture. Seal of sustainability PPG has announced that it has once again achieved a Gold Rating in corporate social […]
Tuesday Ticker: April 20, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Boyd Group Services gets an ‘outperform’ rating from CIBC, PPG makes major moves after exceeding Wall Street’s Q1 expectations and Tesla stock sees a drop following an alleged autopilot-involved accident in Texas. Boost for Boyd Boyd Group Services had its price target raised by stock analysts at CIBC […]
PPGenius: PPG releases 2021 first quarter financial results
Pittsburgh, Pennsylvania — The paint giants at PPG released their First Quarter 2021 Financial Results on Thursday, posting some record-breaking sales numbers for the beginning of the fiscal year. PPG reported that the company achieved record first quarter net sales of approximately $3.9 billion, about a 15 percent increase from last year. First quarter 2021 […]
Bold and Blue-tiful: PPG’s 2020 Colour Report shows continued increase in blue hues
Pittsburgh, Pennsylvania — On Tuesday PPG released its 2020 automotive colour popularity report, and the results are mind blue-ing. The colour, called ‘optimistic’ by PPG, climbed to nine percent of the global colour share in 2020—a one percent increase from 2019. The trend reinforces PPG 2019 automotive colour forecast, which anticipated that sales of blue […]
Future PPG: Investing 20 million to advance racial equity
Pittsburgh, Pennsylvania — PPG and the PPG Foundation announced Wednesday a commitment to invest 20 million by 2025 to address systematic racism and advance racial equity in the U.S. by funding education pathways for Black communities and people of colour. “We aim to reach diverse students and communities to champion change and empower historically underrepresented […]
Tuesday Ticker: January 26, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, PPG pummels its 2019 Q4 numbers, Fiat Chrysler and PSA make a final handshake and Axalta preps to unveil its full-year results for 2020. PPG powers through PPG has fourth quarter 2020 net sales of approximately US$3.8 billion, more than two percent higher versus the prior year. […]
Wörwag in the Bag: PPG announces acquisition of Wörwag Paint and Coatings
Pittsburgh, Pennsylvania – International automotive coatings manufacturer PPG has acquired its German counterpart, Wörwag, announced in a press release on Monday. “Wörwag’s industry expertise in powder and liquid coatings for industrial and automotive applications is highly complementary to PPG’s business, and will help to further expand our product offering,” said PPG executive vice president Rebecca […]
PPG appoints new vice president and chief digital officer
By CRM staff Toronto, Ontario — April 9, 2019 — PPG appointed Devashish Saxena as the new vice president and chief digital officer. In this role, Saxena will be leading the company’s digital transformation, creating a sustainable digital organization to unlock customer value through enhancement, connectivity, automation, insights, and innovation. Most recently, Saxena led digital […]
CHC Paint & Body Shop Supplies is the first Canadian shop to receive PPG’s 2018 Platinum Distributor of the Year
By CRM staff Toronto, Ontario – March 27, 2019 – CHC Paint & Body Shop Supplies in Toronto, Ont. is the first Canadian shop to be named PPG’s 2018 Platinum Distributor of the Year. The annual award honours the distributor that demonstrates outstanding performance, loyalty, product knowledge, and customer service and support. John Parran, PPG […]
