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PPG and Henan Billions Announce Worldwide TiO2 Technology License Agreement



  PPG and Henan Billions Announce Worldwide TiO2 Technology License Agreement

Business Wire

PITTSBURGH -- December 05, 2012

PPG Industries (NYSE:PPG) today announced that it has entered into a
technology license agreement with China-based Henan Billions Chemicals Joint
Stock Co., Ltd., that will provide Henan Billions the right to use PPG’s
technology for the manufacture of chloride-grade titanium dioxide (TiO2) on a
worldwide basis. This agreement completes the license of PPG technology
previously announced by both companies. Terms of the license agreement were
not disclosed.

“We are pleased to reach this worldwide technology license agreement with
Henan Billions as it should expand the global supply of chloride-grade
titanium dioxide, as well as provide a commercial opportunity for PPG
technology,” said Charles F. Kahle II, PPG chief technology officer and vice
president, coatings research and development.

Henan Billions is currently a supplier of sulfate-grade TiO2 to PPG. In June
2012, both companies announced a memorandum of understanding regarding PPG’s
licensing of certain chloride-based technologies to Henan Billions for use at
Henan Billions’ titanium dioxide refinement facilities in China.

PPG previously manufactured TiO2 using the chloride process at its chemicals
facility in Natrium, W. Va., and sold titanium dioxide pigment for coatings
and other end-use applications. Titanium dioxide is a raw material widely used
in the paint and coatings industry as a pigment to provide hiding, durability
and whiteness characteristics.

About Henan Billions Chemicals

China-based Henan Billions Chemicals Co., Ltd., produces and sells titanium
dioxide, zirconium and aluminum sulfate. The company is located in Jiaozuo
City, Henan Province, and had 2011 sales of about $300 million. Its shares are
traded on the Shenzhen stock exchange.

PPG: BRINGING INNOVATION TO THE SURFACE.(TM)

PPG Industries' vision is to continue to be the world’s leading coatings and
specialty products company. Through leadership in innovation, sustainability
and color, PPG helps customers in industrial, transportation, consumer
products, and construction markets and aftermarkets to enhance more surfaces
in more ways than does any other company. Founded in 1883, PPG has global
headquarters in Pittsburgh and operates in more than 60 countries around the
world. Sales in 2011 were $14.9 billion. PPG shares are traded on the New York
Stock Exchange (symbol:PPG). For more information, visit www.ppg.com.

Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.

Contact:

PPG Industries, Inc.
Jeremy Neuhart, PPG Corporate Communications, 412-434-3046
neuhart@ppg.com
or
Investors:
Vince Morales, PPG Investor Relations, 412-434-3740
vmorales@ppg.com
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