PPG Industries Inc - Company Profile
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PPG Industries Inc (PPG) is a chemical company that manufactures and distributes paints, coatings, optical products, and specialty materials. It supplies protective and decorative coatings, sealants, and amorphous precipitated silicas. The company provides its products and services to customers in diverse end-use markets, including industrial equipment and components; packaging material; aircraft and marine equipment; automotive original equipment (OEM); automotive refinish; and industrial and consumer products. It also serves commercial and residential new build and maintenance markets. The company has operations in 70 countries. Along with its subsidiaries, PPG operates manufacturing facilities in Asia-Pacific, Europe, the Middle East, and Africa (EMEA), Latin America, and North America. The company has research facilities in Pennsylvania and North Carolina, the US. PPG is headquartered in Pittsburgh, Pennsylvania, the US.
Headquarters
United States of America
Address
One Ppg Pl 40 East, Pittsburgh, Pennsylvania, 15272
Website
www.ppg.com
Telephone
1 412 4343131
No of Employees
53,000
Industry
Chemicals
Ticker Symbol & Exchange
PPG (NYSE)
Revenue (2022)
$18.2B
3.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
23.8%
(2022 vs 2021)
Market Cap*
$31.6B
Net Profit Margin (2022)
XYZ
19.8%
(2022 vs 2021)
* As of and is in US$
PPG Industries Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Performance Coatings: | Packaging and Chemical Management Services | Ppg |
| Coatings | Coating Services | Glidden |
| Solvents | Comex | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched SPEEDHIDE MAX paint. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Jon-Don to expand its offering of resinous floor coatings for concrete flooring. |
| 2024 | Contracts/Agreements | In February, the company announced the expansion of its sponsorship of the Tasca Racing team for the 2024 season. |
Competitor Comparison
| Key Parameters | PPG Industries Inc | Sherwin-Williams Co | Akzo Nobel NV | Nippon Paint Holdings Co Ltd | Axalta Coating Systems Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Netherlands | Japan | United States of America |
| City | Pittsburgh | Cleveland | Amsterdam | Osaka-Shi | Philadelphia |
| State/Province | Pennsylvania | Ohio | - | Osaka | Pennsylvania |
| No. of Employees | 53,000 | 64,088 | 35,200 | 34,393 | 12,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Timothy M. Knavish | Chairman; Chief Executive Officer | Executive Board | 2023 | - |
| Vincent J. Morales | Senior Vice President; Chief Financial Officer | Senior Management | 2017 | 57 |
| Bhaskar Ramachandran | Chief Information Officer; Vice President | Senior Management | 2021 | - |
| David S. Bem | Vice President - Science and Technology; Chief Technology Officer | Senior Management | 2015 | - |
| Christine Camsuzou | Vice President - Procurement; Chief Procurement Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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