- PPG Industries
Infobox_Company
company_name = PPG Industries
company_
company_type = Public (NYSE : [http://www.nyse.com/about/listed/lcddata.html?ticker=PPG PPG] )
company_slogan =
foundation = 1883
location =
key_people =Charles E. Bunch , Chairman and CEO
num_employees = 45,000
revenue = salesUS$11 billion (2006)
industry =Glass andChemicals
products =automobile glassfiberglass paints plate glass aerospace coatingsarchitectural coatingchemicals
industrial coatingsfinancial services
homepage = [http://www.ppg.com/ www.ppg.com]PPG Industries (nyse|PPG) is an American manufacturer of
glass andchemical products, including automotive safety glass. PPG is also the world's third largest producer ofchlorine andcaustic soda (used in a wide variety of industrial applications),vinyl chloride (for use in polyvinyl chloride resins), and chlorinatedsolvent s. [ cite book
last =
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title = Standard and Poor's 500 Guide
publisher = The McGraw-Hill Companies, Inc.
date = 2007
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doi =
isbn = 0-07-147906-6 ] Founded in1883 as the Pittsburgh Plate Glass Company, it is headquartered inPPG Place , a popular office and retail complex known for its striking glass facade designed byPhilip Johnson . The company changed its name to PPG Industries, Inc. on 12/19/1968 to show its diverse offerings. It is located in downtown Pittsburgh. PPG has 125 manufacturing facilities and equity affiliates in more than 20 countries around the globe. On2 January 2008 , PPG acquired the SigmaKalon Group of companies from private investment firmBain Capital , strongly increasing its paint and specialty coatings business. [ [http://corporateportal.ppg.com/PPG/Newsroom/News/20080102.htm "PPG completes acquisition of SigmaKalon Group"] ,January 2 , 2008]Business units
PPG's business units include:
*Aerospace : Leading supplier of sealants, coatings, aircraft maintenance chemicals, transparent armor, transparencies and application systems, serving original equipment manufacturers and maintenance providers for the commercial, military, regional jet and general aviation industries. Services include chemicals management.
*Architectural Coatings: Under the Pittsburgh Paints, Olympic, Porter, Monarch, Lucite and PPG HPC (High Performance Coatings) brands, this unit produces paints, stains and specialty coatings for commercial, maintenance and residential markets. [http://www.pittsburghpaints.com] - Pittsburgh Paints [http://www.porterpaints.com] - Porter Paints [http://www.olympic.com] - Olympic Paints and Stains
*Architectural Coatings EMEA (Europe, Middle East and Africa): Producer of Sigma, Seigneurie, Johnstone's and other brands of residential and commercial paints for Europe, the Middle East, Africa and French Overseas.
*Automotive Coatings: Global supplier of automotive coatings and services to auto and light truck manufacturers. Products include electrocoats, primer surfacers, base coats, clearcoats, pretreatment chemicals, adhesives and sealants.
*Automotive Refinish: Produces and markets a full line of coatings products and related services for automotive and fleet repair and refurbishing, light industrial coatings and specialty coatings for signs. Also created and manages CertifiedFirst Network, PPG’s premier collision-shop alliance.
*Chlor-Alkali and Derivatives: Producer of chlorine, caustic soda and related chemicals for use in chemical manufacturing, pulp and paper production, water treatment, plastics production, agricultural products and many other applications.
*Fiber Glass: Maker of fiber glass yarn for use in electronics, especially printed circuit boards, and specialty materials, such as insect screening, medical casting and filtration fabrics. Also maker of fiber glass chopped strands, rovings and mat products used as reinforcing agents in thermoset and thermoplastic composite applications.
*Industrial Coatings: Produces coatings for appliances, agricultural and construction equipment, consumer products, electronics, heavy-duty trucks, automotive parts and accessories, residential and commercial construction, coil, extrusions, wood flooring, kitchen cabinets and other finished products.
*Optical Products: Produces optical monomers, including CR-39 and Trivex lens materials, photochromic dyes, Transitions (http://www.transitions.com) photochromic ophthalmic plastic lenses and polarized film. For product information, visit http://corporateportal.ppg.com/NA/Chemicals/Optical.
*Packaging Coatings: Global supplier of coatings, inks, compounds, pretreatment chemicals and lubricants for metal, glass and plastic containers for the beverage, food, general line and specialty packaging industries.
*Performance Glazings: Produces glass that is fabricated into products primarily for commercial construction and residential markets, as well as the appliance, mirror and transportation industries. For commercial glass and architectural finishes, visit http://www.ppgIdeascapes.com. For residential glass products, visit http://corporateportal.ppg.com/NA/Glass/ResidentialGlass.
*Protective and Marine Coatings: Leading global supplier of corrosion-resistant, appearance-enhancing coatings for the marine, infrastructure, chemical processing, oil and gas, and power industries.
*Silicas: Produces amorphous precipitated silicas used to improve strength and durability of tires and other rubber products, reduce gloss and viscosity of paints and varnishes, and enhance free-flow characteristics of powdered food ingredients. Products are also used in battery separator applications. Also manufactures Teslin synthetic printing sheet used in applications such as radio frequency identification (RFID) tags and labels, e-passports, driver's licenses and identification cards.Former business units
PPG industries also once included:
*Biomedical Systems: created by the purchase (in 1986 and 1987) of the medical electronics divisions ofHoneywell ,Litton Industries , andAllegheny International . The biomedical systems division manufactured cardiac recording equipment, patient-monitoring systems, electrocardiogram instruments, defibrillators, and other products. The division lost money, in part because of high research and development costs, and was split up and sold to several companies during 1993–1995.
*Automotive Replacement Glass and Services fabricated and distributed replacement windshields and auto glass. Provided software and services linking the automotive aftermarket, insurance and fleet industries. Included LYNX Services claims-management solutions and PPG PROSTARS retail auto glass marketing alliance. This business unit was divested in 2007. [ [http://www.azom.com/details.asp?newsID=9983 PPG Sells Automotive Glass Business for $500 Million ] ]
*Fine Chemicals: Produced advanced intermediates and bulk active ingredients for the pharmaceutical industry, and phosgene derivatives used in plastics, agricultural, pharmaceutical and other industries. This business unit was divested in 2007. [ [http://www.bizjournals.com/pittsburgh/stories/2007/09/17/daily4.html?ana=from_rss PPG Industries sells fine chemicals to Zambon - Pittsburgh Business Times: ] ]Environmental record
With average more than 2,000,000 lbs of air pollution release PPG Industries is ranked among the biggest air polluters in Nation by The University of Massachusetts study. [Cite web|url=http://www.rtknet.org/new/tox100/toxic100.php?database=t1&detail=1&datype=T&reptype=a&company1=&company2=19159&chemfac=fac&advbasic=bas|title=THE TOXIC 100: Top Corporate Air Polluters in the United States|accessyear=2008|accessmonthday=April 16|publisher=The University of Massachusetts |year=2002|author=PERI]
Lime Lake Reclamation Project of PPG Industries (Baberton, OH) received special awards in the National Beneficial Use of Biosolids Program from
Environmental Protection Agency ’s region 5 in 1998. However, the same facility was accused byEPA of clean-air violations later, in 2006. According to the agency’s report PPG failed to comply with a 1-pound per hour permitted emission limit on volatile organic compounds. The tests done in January and February of the same year showedVOC emissions as high as 8.8 pounds per hour. [Cite web|url=http://yosemite.epa.gov/opa/admpress.nsf/a883dc3da7094f97852572a00065d7d8/7f5e81b3ab0d8bf78525715d00633d41!OpenDocument|title=EPA cites PPG Industries for clean-air violations|accessyear=2008|accessmonthday=April 28|publisher=EPA|year=2006|author=William Omohundro]Emitting more than 500,000 lbs of production-related waste every year, Barberton is just fifth among the most polluting PPG facilities and counts for only 6% of overall company’s pollution production. [Cite web|url= http://www.scorecard.org/env-releases/facility.tcl?tri_id=44203PPGND4829F|title= Environmental Release Report: PPG INDS. INC. BARBERTON
accessyear=2008|accessmonthday=April 28|publisher=Scorecard|year=2002|author=Scorecard]ee also
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Self-cleaning glass References
External links
* [http://www.ppg.com/ ppg.com] - Company website
* [http://corporate.ppg.com/PPG/SBU/IndustrialCoatings/Default.htm Industrial Coatings Unit]
* [http://corporate.ppg.com/PPG/SBU/IndustrialCoatings/Japan PPG Japan]
* [http://www.pittsburghpaints.com] - Pittsburgh Paints
* [http://www.porterpaints.com] - Porter Paints
* [http://www.olympic.com] - Olympic Paints and Stains
* [http://corporateportal.ppg.com/Refinish/default.htm] - PPG Refinish
* [http://finance.google.com/finance?client=ob&q=PPG] - Stock Price
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