Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PPG INDUSTRIES, INC.

(PPG)
  Report
Delayed Quote. Delayed Nyse - 11/30 04:10:00 pm
154.17 USD   -2.03%
11/29PPG appoints Irene Tasi as chief growth officer
AQ
11/23PPG appoints Irene Tasi as chief growth officer
BU
11/23PPG Appoints Irene Tasi as Chief Growth Officer
CI
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PPG Industries : completes COLORFUL COMMUNITIES project at Lipetsk State Technical University in Russia

10/08/2021 | 09:12am EST

Company also providing funding for research, internship opportunities

LIPETSK, Russia, October 8, 2021 - PPG (NYSE:PPG) today announced the completion of a COLORFUL COMMUNITIES® project at Lipetsk State Technical University (LTSU) in Lipetsk, Russia. The company also will provide funding to LTSU for scientific equipment and a series of internships.

The project brought together 14 PPG volunteers, who spent 124 hours revitalizing the hallways at LTSU. The volunteers painted one of the halls with murals according to a chemistry design made by local artist Daniil Bely, whose portfolio includes high-profile public projects. The goal of the design is to remind students of science's many contributions to society and its importance.

PPG provided around 40 gallons (150 liters) of TIKKURILA® coatings, including Tikkurila Euro Primer and TIKKURILA LUJA 7® wall and ceiling paint, to cover more than 4,300 square feet (400 square meters) of surfaces.

PPG also provided $28,000 (2 million roubles) to fund the purchase of 19 items of scientific equipment for coatings-related disciplines as well as student scientific and technological research. This includes a nitrogen generator, adhesion tester, thickness gauge and a number of other devices and tools. LSTU students with relevant specializations also will be offered internship opportunities at PPG's automotive OEM and industrial coatings production facility in Lipetsk. This initiative will help young professionals gain practical work experience in the coatings industry and undergo additional training.

The Colorful Communities program provides PPG volunteers and products along with financial contributions to bring color and vitality to communities where the company operates around the world.

"Supporting education in the technology disciplines is one of PPG's global priorities," said Olga Kolevatova, PPG country leader, Russia. "We also are delighted that this project is a part of The Colorful Communities program that has truly global outreach. It is very important for us to build long-term, productive relationships with the professional and scientific communities in the regions where we operate. We hope that our collaboration with LSTU will be beneficial for the university and will enable Lipetsk students to come closer to realizing their professional and scientific goals."

"The tasks of higher education in the technology fields include providing future specialists with a solid scientific base and preparing them for the modern labor market," said Elena Kalmykova, head, LTSU Chemistry Department. "Cooperation with companies that are willing to offer support for the educational process and also provide internship opportunities creates an advantage for our students in building their future careers. We hope that this experience will be successful for both students and PPG."

PPG has been operating in Russia for 16 years. The company's plant in Lipetsk is part of a special economic zone of industrial production that includes automotive, industrial, protective and marine coatings. The company also has an automotive OEM coatings plant in Kolomna and two architectural coatings plants in St. Petersburg.

The Colorful Communities program, PPG's signature initiative for supporting communities, aims to protect and beautify the neighborhoods where PPG operates around the world. Through the Colorful Communities program, PPG's committed volunteers contribute their time and PPG paint products to help transform community assets - from painting classrooms, to bringing color to a maternity ward and redesigning a playground. Since 2015, PPG has completed 330 Colorful Communities projects, impacting more than 6.7 million people in 42 countries.

PPG's global community engagement efforts and the PPG Foundation aim to bring color and brightness to PPG communities around the world. We invested more than $13 million in 2020, supporting hundreds of organizations across more than 30 countries. By investing in educational opportunities, we help grow today's skilled workforce and develop tomorrow's innovators in fields related to coatings and manufacturing. Plus, we empower PPG employees to multiply their impact for causes that are important to them by supporting their volunteer efforts and charitable giving. Learn more at www.ppgcommunities.com.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers' biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 75 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and Colorful Communities and the PPG logo are registered trademarks of PPG Industries Ohio, Inc.
Tikkurila and Luja 7 are registered trademarks of Tikkurila Oij. Tikkurila recently became part of PPG..


PPG Media Contact:
Andrew Wood
Corporate Communications EMEA
+31 6 5121 6579
awood@ppg.com
www.ppg.com

Disclaimer

PPG Industries Inc. published this content on 08 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2021 13:11:05 UTC.


ę Publicnow 2021
All news about PPG INDUSTRIES, INC.
11/29PPG appoints Irene Tasi as chief growth officer
AQ
11/23PPG appoints Irene Tasi as chief growth officer
BU
11/23PPG Appoints Irene Tasi as Chief Growth Officer
CI
11/22PPG Uses Patented PPG Ambient Reactive Extrusion Technology to 3D Print Ramp Seals for ..
BU
11/22PPG Uses Patented PPG Ambient Reactive Extrusion Technology to 3D Print Ramp Seals for ..
CI
11/22PPG Appoints Automotive OEM Coatings and Industrial Coatings Business Leaders
BU
11/17PPG INDUSTRIES : supports chemistry laboratory for STEM education in Italy
PU
11/16PPG INDUSTRIES : adds online training for commercial vehicle paint technicians to new KNOW..
PU
11/15PPG Receives 2021 Carnegie Science Award for Corporate Leadership
BU
11/10PPG ESG Investor Update
PU
More news
Analyst Recommendations on PPG INDUSTRIES, INC.
More recommendations
Financials (USD)
Sales 2021 16 682 M - -
Net income 2021 1 458 M - -
Net Debt 2021 5 275 M - -
P/E ratio 2021 26,1x
Yield 2021 1,47%
Capitalization 36 600 M 36 600 M -
EV / Sales 2021 2,51x
EV / Sales 2022 2,26x
Nbr of Employees 46 900
Free-Float 40,7%
Chart PPG INDUSTRIES, INC.
Duration : Period :
PPG Industries, Inc. Technical Analysis Chart | PPG | US6935061076 | MarketScreener
Technical analysis trends PPG INDUSTRIES, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 154,17 $
Average target price 177,10 $
Spread / Average Target 14,9%
EPS Revisions
Managers and Directors
Michael H. McGarry Chairman & Chief Executive Officer
Vincent J. Morales Chief Financial Officer & Senior Vice President
David S. Bem CTO, Vice President-Science & Technology
Bhaskar Ramachandran Chief Information Officer & Vice President
Robert King VP-Global Operations, Industrial Segment
Sector and Competitors
1st jan.Capi. (M$)
PPG INDUSTRIES, INC.7.89%37 357
THE SHERWIN-WILLIAMS COMPANY31.98%86 974
ASIAN PAINTS LIMITED13.74%40 153
NIPPON PAINT HOLDINGS CO., LTD.-47.35%24 540
AKZO NOBEL N.V.7.51%19 418
RPM INTERNATIONAL INC.0.80%12 066