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ppg industries inc (PPQ) Snapshot

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01/23/15 - €204.40
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ppg industries inc (PPQ) Details

PPG Industries, Inc. manufactures and distributes coatings, optical and specialty materials, and glass products. The company operates in five segments: Performance Coatings, Industrial Coatings, Architectural Coatings, Optical and Specialty Materials, and Glass. It offers coatings products for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings, and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet, and general aviation aircraft and transparent armor for specialty applications; and coatings and finishes for the protection of metals and structures to metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, and rail cars. The company also provides industrial and automotive coatings for manufacturing companies; adhesives and sealants for the automotive industry; metal pretreatments and related chemicals for industrial and automotive applications; and packaging coatings to aerosol, food, and beverage container manufacturers. In addition, it offers architectural coatings used by painting and maintenance contractors and by consumers to decorate and maintain residential and commercial building structures, as well as purchased sundries to painting contractors and consumers. Further, the company provides optical products, such as lenses, optical lens materials, and sun lenses; silicas comprising amorphous precipitated silicas for tire, battery separator, and other end-use markets; and substrates used for radio frequency identification tags and labels, e-passports, drivers’ licenses, and identification cards applications. Additionally, it offers flat glass and continuous-strand fiber glass products for commercial and residential construction markets, and the wind energy, energy infrastructure, transportation, and electronics industries. The company was founded in 1883 and is headquartered in Pittsburgh, Pennsylvania.

Founded in 1883

ppg industries inc (PPQ) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $1.4M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $463.2K
Chief Operating Officer
Total Annual Compensation: $541.7K
Executive Vice President
Total Annual Compensation: $541.7K
Senior Vice President of Strategic Planning &...
Total Annual Compensation: $567.2K
Compensation as of Fiscal Year 2013.

ppg industries inc (PPQ) Key Developments

PPG Industries Expands HOBA Coatings Line for Aerosols and Tubes with New Generation Innovative Coatings

PPG Industries announced that it will feature a new generation of innovative coatings for the protection of monobloc aerosol cans and aluminum and plastic tubes during the Aerosol and Dispensing Forum in Paris, Feb. 4 to 5, 2015. The new range of coatings comprises Bisphenol A non-intent (BPA-NI, or with no BPA intentionally added) internal protective spray liners for monobloc aerosol cans and aluminum tubes, as well as BPA-NI ultraviolet-cured (UV-cured) varnishes formulated with photoinitiators other than Isopropyl thioxanthone (ITX) and Benzophenone to protect and decorate plastic tubes. As part of this new generation of coatings, PPG has launched: HOBA MAX (PPG8900) and HOBA VCL (PPG2845) internal liners for aluminum aerosol cans to protect a full range of standard- to high-aggressive cosmetic and personal-care filling goods such as deodorant, shave cream, hair mousse, hairspray, and sun-care products. The HOBA VCL (PPG2845) liner also is recommended to protect a wide range of food products, including beverage. These liners offer even greater protection for some filling products compared to traditional polyamide-imide (PAM) and epoxy-based coatings; HOBA PPG4880 gold-internal liners for aluminum tubes are BPA-NI and suitable for low- to neutral-pH and fatty products such as food (mustard, mayonnaise and horseradish), pharmaceuticals, cosmetics and personal-care products. HOBA PPG4990 internal liners are BPA-NI and provide resistance to a broad range of alkaline products including hair dyes, hair mousse and goods containing ammonia; HOBA PPG3270 gloss and HOBA PPG3280 matt BPA-NI, ITX-free and Benzophenone-free UV varnishes for plastic tubes provide additional process benefits to tube makers such as better hot-stamping capability and superior scratch resistance over previous generations. The company's packaging coatings business also offers BPA-NI exterior coatings for aluminum aerosol cans, tubes and bottles.

PPG Industries Introduces PERFORMALOC Advanced Productivity Coatings

PPG Industries has introduced PERFORMALOC advanced productivity coatings, a new category of cross-linked coatings featuring a proprietary combination of low-volatile organic compound (VOC) resins that cure fast and hard, thus eliminating the need for baking or force-drying of metal parts. PerformaLoc coatings are designed for original equipment manufacturers (OEMs) that coat metal parts such as those used in agricultural equipment, locomotives and rail cars, outdoor furniture, light poles, exterior electrical cabinets and hardware, trailers and shipping containers. Because the coatings dry extremely fast and to a hard, durable finish, they are ideal for OEMs and part suppliers that have limited or no baking capabilities. They also can reduce energy costs, increase production throughput and yield lower labor costs. PerformaLoc coatings offer superior color and gloss retention; excellent resistance to chemicals, marring, salt spray and humidity; and exceptional performance in accelerated weather testing. They also provide an expanded recoat window that lasts from days to weeks without the need for significant preparation or sanding, which can help improve process efficiency for OEMs and part suppliers. PerformaLoc coatings can be formulated in custom colors and, when paired with compatible PPG wet-on-wet epoxy or polyurethane primers, outperform other top-rated polyurethane coatings. They apply like conventional polyurethanes because of their low viscosity.

PPG Industries Inc. Expands Line of SEMCO Sealant Removal Tools

PPG Industries Inc. has expanded its line of SEMCO sealant removal tools with ergonomically-designed scrapers to enhance efficiency of aerospace sealant removal and reduce operator fatigue. PPG global market development manager for packaging, 10 scrapers have been designed for use by hand for standard sealant removal as well as more difficult and specialty applications such as removal of sealant around fasteners, fillet seals and other hard-to-reach areas.


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Price/Sales 2.0x
Price/Book 5.0x
Price/Cash Flow 11.9x
TEV/Sales 1.6x

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