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PPG's Higher Selling Prices Offset Lower Volume and Rising Raw Material Costs in Second Quarter

Equity Analyst Spencer Liberman

Spencer Liberman Equity Analyst

Business Strategy and Outlook

| Spencer Liberman | Jul 22, 2022

PPG Industries is a globally diversified producer of paints and coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on growing its coatings and specialty product offerings and expanding into emerging regions, as exemplified by the Comex acquisition.

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Key Statistics PPG

Company Profile PPG

Business Description

PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.

Contact

One PPG Place
Pittsburgh, PA, 15272

T +1 412 434-3131

Sector Basic Materials

Industry Specialty Chemicals

Most Recent Earnings Jun 30, 2022

Fiscal Year End Dec 31, 2022

Stock Type Cyclical

Employees 49,300

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