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PPG Industries
Type Public (NYSEPPG)
Founded 1883
Founder(s) John Baptiste Ford
John Pitcairn, Jr.
Headquarters United States Pittsburgh, PA, USA
Area served Worldwide
Key people Charles E. Bunch
(Chairman) & (CEO)
Industry Glass
Chemicals
Products Fiberglass
Paints
Plate glass
Aerospace coatings
Architectural coating
Chemicals
Industrial coatings
Services Financial services
Revenue US$ 11.206 billion (2007)
Operating income US$ 1.243 billion (2007)
Net income US$ 834 million (2007)
Total assets US$ 10.067 billion (2007)
Total equity US$ 4.151 billion (2007)
Employees 34,900 (2008)
Website http://ppg.com

PPG Industries (NYSEPPG) is a global supplier of paints, coatings, optical products, specialty materials, chemicals, glass and fiber glass. The company has more than 140 manufacturing facilities and equity affiliates and operates in more than 60 countries. Sales in 2008 were $15.8 billion. PPG is also the world's third largest producer of chlorine and caustic soda (used in a wide variety of industrial applications), vinyl chloride (for use in polyvinyl chloride resins), and chlorinated solvents.[1] It is headquartered in PPG Place, a popular office and retail complex in downtown Pittsburgh, Pennsylvania, and is known for its striking glass facade designed by Philip Johnson. Founded in 1883 by Captain John Baptiste Ford and John Pitcairn as the Pittsburgh Plate Glass Company at Creighton, Pennsylvania; the company changed its name to PPG Industries, Inc. on 19 December 1968 to show its diverse offerings. On 2 January 2008, PPG acquired the SigmaKalon Group of companies from private investment firm Bain Capital, strongly increasing its paint and specialty coatings business.[2]

Contents

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. PPG also has many known sales managers; the most known is probably under the name Bill Shaw.

Pittsburgh Paints - Porter Paints - 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

Safety approval markings on an automobile vent window made for a Chrysler car by PPG

PPG industries also once included:

  • Biomedical Systems: created by the purchase (in 1986 and 1987) of the medical electronics divisions of Honeywell, Litton Industries, and Allegheny 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 Glass and Replacement Glass and Services: Fabricated and distributed replacement windshields and auto glass as well as original equipment automotive glass. Provided software and services linking the automotive aftermarket, insurance and fleet industries. Included LYNX Services claims-management solutions, PPG PROSTARS retail auto glass marketing alliance and Aquapel (glass treatment). This business unit was divested in 2007.[3]
  • 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.[4]

Environmental record

With average more than 2,000,000 lb (910,000 kg) of air pollution release, PPG Industries is ranked among the biggest air polluters in the nation by The University of Massachusetts study.[5]

Lime Lake Reclamation Project of PPG Industries (Barberton, OH) received special awards in the National Beneficial Use of Biosolids Program from Environmental Protection Agency’s (EPA) region 5 in 1998. However, the same facility was accused by EPA 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 showed VOC emissions as high as 8.8 pounds per hour.[6]

Emitting more than 500,000 lb (230,000 kg) 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. [7]

See also

References

External links

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