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PPG Industries
Pittsburgh, PA/USA
www.ppg.com
PUBLIC COMPANY
HEADCOUNT: 40,600
YEAR ESTABLISHED: 1883
COATINGS REVENUES: $10.935 billion
TOTAL REVENUES: $15.849 billion
SEGMENT BREAKDOWN
• Performance Coatings: 30%
• Industrial Coatings: 25%
• Architectural Coatings EMEA: 14%
• Optical & Specialty Materials: 7%
• Commodity Chemicals: 12%
• Glass: 12%
KEY PEOPLE
Charles E. Bunch, CEO and chairman; J. Rich Alexander, senior VP, performance coatings; Pierre-Marie De Leener, senior
VP, architectural coatings EMEA and president, PPG Europe;
William A. Wulfsohn, senior VP, industrial coatings.
In January 2008, PPG acquired SigmaKalon, one of the world’s leading coatings producers previously based in Uithoorn, the Netherlands. SigmaKalon brought to PPG strong architectural paint, protective and marine coatings and industrial coatings
businesses, as well as a solid presence in Western Europe and
growing positions in emerging regions such as Eastern Europe,
Asia and Africa. This acquisition greatly expanded PPG’s international business, extended its participation in various end-use markets and sharply increased the proportion of sales coming from
coatings, boosting coatings revenue in 2008 to $10.935 billion.
In North America, PPG acquired BASF’s coil and extrusion
coatings (COEX) business. BASF’s North American COEX
business serves the construction, appliance; transportation;
heating, ventilation and air conditioning (HVAC); lighting fixture; and extrusion industries. The business operates manufacturing sites in Decatur, AL, and Monterrey, Mexico, as well
as a production line in Belvidere, NJ. Also in North America,
PPG dedicated a new 95,000-square-foot, 22-acre architectural
coatings facility in the Tahoe-Reno Industrial Center, about 15
miles east of Reno, NV.
In China, the growing number of car owners is driving sustained future growth in the automotive coatings industry
there. In-line with this growth trend, PPG has continued to
expand its presence in the country. In 2008, PPG acquired
Bonny Coating-Made Co., Ltd.,
a private automotive coatings
business in Guangzhou. PPG
now owns all brands, the customer list, trademarks, technology and working capital of
Bonny. The acquisition extends
PPG’s distribution network
and customer base in China.
PPG also opened a $10 million, 40,000-square meter
automotive coatings plant in
Wuhu, China. PPG Coatings
(Wuhu) Co., Ltd. will primari-
ly serve the local market and one of the major reasons to
invest in the new plant in Wuhu is to better support one of its
key customers, Chery Automotive. Building a plant close to
Chery helps to shorten lead time and increase efficiencies as
well as better support the market in Southern China.
PPG produces automotive coatings in China for customers such as General Motors, Mercedes-Benz, BMW,
Dongfeng Peugeot Citroen, Chery and Hainan Mazda.
Furthering its global reach, PPG also announced its
plans to build its first manufacturing plant in Russia to
capitalize on the booming economy where automotive
production is growing quickly.
PPG has signed an investment agreement with the
administration of the Kaluga Region, Russia, to build an
automotive coatings and industrial coatings plant
approximately 70 kilometers southwest of Moscow.
The plant will manufacture coatings for automotive
and other industrial customers. The facility, which will be
fully-owned by PPG, will be located just north of the city
of Kaluga in the Vorsino Industrial Park.
Currently, seven new automotive assembly plants are
in the planning or construction phase in Russia and are
expected to come online within the next three years. ;
PPG’S GREEN LOGIC AND ZIRCOBOND TECHNOLOGY WIN AWARDS
PPG was named a 2008 Automotive News PACE Award winner for Green Logic paint
detackifier. A winner in the manufacturing process and capital equipment category,
Green Logic paint detackifier is used by domestic,
European and Japanese automakers to denature and
remove over-sprayed paint from the water wash system
in automotive paint spray booths. PPG also earned two
2008 R&D 100 Awards, presented by R&D Magazine, for Green Logic paint detackifier and Zircobond pretreatment technology. Zircobond pretreatment offers environmental and cost advantages over traditional zinc-phosphate pretreatments without
sacrificing product performance.