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    [title] => PPG’s Scott Moffatt Earns Patrick R. Bush Service Award from Metal Construction Association
    [short_title] => 
    [summary] => Forty-year PPG veteran recognized for association volunteer work
    [slug] => ppgs-scott-moffatt-earns-patrick-r-bush-service-award-from-metal-construction-association
    [body] => PPG said Scott Moffatt, PPG market manager, architectural coil and extrusion coatings, received the Patrick R. Bush Service Award from the Metal Construction Association (MCA). The award, which was presented during the organization’s 2018 Winter Meeting in San Diego, Calif., recognizes one individual each year who has made significant volunteer contributions to the MCA.

A 10-year member of the MCA, Moffatt has supported the organization in a variety of volunteer roles. These include serving as a board member for both the association at-large and the Metal Roofing Alliance and chairman of the program committee.

“Scott’s commitment and contributions to the MCA have been key to supporting the association’s efforts to expand the use of metal coatings in the construction market,” said Rodolfo Ramirez, PPG director of sales and strategic segments for North America, Industrial Coatings. “As a proud and active member of the MCA, PPG is focused on developing, styling and manufacturing products that enhance, beautify and protect skylines around the globe.”

Moffatt joined PPG in 1978 as an industrial sales representative. During his 40-year career, he has been appointed to sales, sales management and marketing positions covering multiple technologies and market segments. These positions include five years as a market manager and sales director overseeing wood, packaging and industrial coatings in Germany and France, as well as global positions coordinating sales, technical and manufacturing strategies throughout Europe and Asia.

In his current position, Moffatt works with architects throughout North America to specify metal architectural coatings and has consulted on numerous high-profile projects. These include the One World Trade Center (Freedom Tower), VIA 57 West, 55 Hudson Yards and Cornell University’s Roosevelt Island Campus, all in the New York City area, as well as The Tower at PNC Plaza in Pittsburgh.

Moffatt is also an active member of the American Architectural Manufacturers Association (AAMA) and the Aluminum Extruders Council (AEC).
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-01-31 12:43:00 [updated_at] => 2018-04-03 10:46:22 [last_updated_author] => 228513 [uploaded_by] => 228513 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["269388","260634","266845","264311","269430","268190","260972","272267","267032","262738","273242","265812","271365","261272","261314","268581","259152","261510","259970","260852"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 [contentType] => ContentType Object ( [className] => ContentType [content] => Array ( ) [taxonomy] => Array ( ) [listURL] => [logoUrl] => https: [id] => 2487 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => content_types [tag] => breaking_news [short_tag] => breaking_news [class_name] => [display_view] => [list_view] => [slug] => breaking-news [box_view] => [ignore_flag] => 0 [image_id] => 0 [layout_id] => 0 [formattedTag] => Breaking News ) [viewURL] => /issues/2018-04-01/view_breaking-news/ppgs-scott-moffatt-earns-patrick-r-bush-service-award-from-metal-construction-association/ [relatedArticles] => Array ( [0] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 259152 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 154374 [primary_image_old] => 0 [slider_image_id] => 154374 [banner_image] => 0 [title] => PPG Provides High-Performing Coatings for National Hockey League Goal Posts [short_title] => [summary] => PPG ENVIROCRON Extreme Protection powder coating resists chipping in cold environments. [slug] => ppg-provides-high-performing-coatings-for-national-hockey-league-goal-posts [body] => PPG, the official paint of the National Hockey League, announced it is offering industrial coatings that may be used on NHL goal posts. Based on the company’s proprietary powder coating technology, PPG ENVIROCRON Extreme Protection provides outstanding cold chip resistance for the most challenging automotive underbody end-uses. Now, the same technology can be used to protect hockey goals.
 
“After extensive testing, PPG is proud to provide the high-performing coatings for this challenging application,” said Shelley Verdun, PPG product manager, Industrial Coatings. “From pucks to skate blades, we know that the red paint on NHL goal posts takes a beating. The Envirocron Extreme Protection powder coating system, with its proprietary chip resistant technology in cold environments, will prevent chips, reduce scuffs and reduce maintenance time.”
 
The benefits of Envirocron Extreme Protection powder coatings include:  
“The NHL and PPG share a commitment to innovation in all realms of the game,” said Brian Jennings, NHL EVP and chief branding officer. “Envirocron Extreme Protection powder coatings will help to reduce maintenance needs. We will look to include NHL goal frames with this product in our event properties for the coming season and will continue to explore organic ways that PPG products can be integrated into the fabric of our game and throughout NHL arenas.”
 
PPG announced its exclusive paint partnership with the NHL earlier this year that made PPG paint brands the official paint of the NHL in the U.S. and Canada. The company’s paint products and coatings have a prominent presence throughout professional hockey, protecting and beautifying hockey arenas from Los Angeles to Pittsburgh and across Canada.




Photo courtesy PPG [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-06 07:00:00 [updated_at] => 2017-10-05 08:02:16 [last_updated_author] => 228513 [uploaded_by] => 228513 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["259137","257223","256185","255025","254696","252766","251904","251488","250107","249929","249378","249120","249033","247058","247046","246348","245383","245185","244912","244463","244338"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [1] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 259970 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 154819 [primary_image_old] => [slider_image_id] => 154819 [banner_image] => 0 [title] => PPG Highlights Coatings, Global Support Capabilities at International Fastener Expo [short_title] => [summary] => Products, finishing services help customers improve performance, manage cost [slug] => ppg-highlights-coatings-global-support-capabilities-at-international-fastener-expo [body] => PPG will highlight its complete line of fastener coatings and global support capabilities for the automotive, construction and general metal-fabrication industries at the 2017 International Fastener Expo, Oct. 18-19 at the Las Vegas Convention Center.

PPG will feature the capabilities of the ALLTECH ENGINEREED FINISHES facility, a PPG-owned operation in Taiwan that offers an array of pretreatment and electrocoat (e-coat) finishing services for fasteners and related products. Products on display will include PPG ELECTROPOLYSEAL bulk coatings, the Spincoat family of zinc-rich finishes and PPG RUSTAREST 53253 oil pretreatments.

Electropolyseal coatings enable bulk processing of small parts and fasteners for e-coat lines using barrel and basket application methods. They are also compatible with zinc-rich liquid coatings for dip-spin, dip-drain and spray lines, enabling manufacturers to manage costs and increase product performance by combining bulk application processes with high-quality finishes.

Electropolyseal, Spincoat AR and Spincoat ZR finishes feature torque-modified finishes for easy and consistent application via e-coat and dip-spin processes. They are also chrome-free, lead-free and compliant with the Restriction of Hazardous Substances (RoHS) directive.

PPG helps parts manufacturers implement and manage fastener-coating processes throughout North America, Latin America, Europe and the Asia Pacific region.

The International Fastener Expo (formerly the National Industrial Fastener and Mill Supply Expo) is the largest business-to-business trade show of industrial fasteners and tooling and machinery in North America, attracting more than 2,500 attendees and 850 industry suppliers. Since 1981, the event has brought together manufacturers and master distributors of fasteners, precision formed parts, fastener machinery and tooling, and other related products and services with distributors and sales agents in the distribution chain.

For more information, visit PPG at booth 542. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-12 13:06:00 [updated_at] => 2017-11-08 14:18:13 [last_updated_author] => 228513 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["262249","261510","261504","261314","261282","261272","260852","259917","259907","259722","259520","259303","259152","259137","259016","258243","255025","254696","251317","250932"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [2] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 260634 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 155218 [primary_image_old] => [slider_image_id] => 155218 [banner_image] => 0 [title] => PPG Reports Third Quarter 2017 Financial Results [short_title] => [summary] => [slug] => ppg-reports-third-quarter-2017-financial-results [body] => PPG reported third quarter 2017 net sales of approximately $3.8billion, up more than 3 percent versus the prior year. Sales volumes, including the unfavorable impact of several natural disasters, grew by nearly 1 percent. Prior to the natural disasters, PPG’s quarterly volume growth was tracking ahead of the growth rate for the first six months of the year. Selling prices improved modestly year-over-year for the second consecutive quarter. Favorable foreign currency translation improved net sales by nearly 2 percent, or about $65 million.

Third quarter 2017 net income from continuing operations was $392 million, or $1.52 per diluted share, which includes an unfavorable natural disaster-related impact of approximately 5 cents.  The company’s reported profit contribution margin as a percentage of sales declined 160 basis points year-over-year, and approximately 130 basis points excluding the impact of natural disasters. This compression is an improvement from the second quarter 2017 when the company’s profit contribution margin contracted by 210 basis points versus the prior year.

Third quarter 2016 reported net loss from continuing operations was $211 million, or $0.79 per share. Third quarter 2016 adjusted net income from continuing operations was $405 million, or $1.52 per share, excluding net after-tax charges totaling $616 million, or $2.31 per share, for pension settlement charges.

“While the third quarter was challenging emotionally and operationally due to the natural disasters, we achieved solid overall financial results and, more importantly, made someprogress in our initial operating margin recovery efforts,” said Michael McGarry, PPG chairman and chief executive officer.“Additionally, we were tracking toward volume growth of about 1.5 percent prior to the disasters, which was an improvement versus our sales volume growth for the first half of the year. 

“We have achieved some operating margin recovery, despite continuing raw material cost inflation driven by a variety of supply-related factors, some of which are transitory,” McGarrysaid. “We have continued to aggressively manage our costs, and have secured initial selling price increases with only a portion of these increases realized during the quarter. Also, while we still have more work to do to improve our overall organic growth rate, we are continuing to make measurable headway in several areas, including our Industrial Coatings segment which grew sales volumes by more than 3 percent year-over-year and in our U.S. architectural coatings company-owned stores where same store sales growth was trending above 6 percent prior to the hurricanes. 

“During the quarter, we made progress on our strategicinitiatives including the sale of our remaining Glass business,marking a transformational milestone for the company. Also, we remain committed to earnings-accretive cash deployment and have spent more than $700 million to date toward our $3.5 billion target, with the remaining $2.8 billion to be deployed by the end of 2018,” McGarry continued.

“Looking ahead to the fourth quarter, we expect moderate global economic growth to continue. Given the after-effects from the natural disasters, we no longer expect any notabledecline in the level of raw material cost inflation for the remainder of this year. We are continuing to work with our customers to address the inflationary environment and expect to realize additional selling price increases. Lastly, we continue to execute on our restructuring program and remain on track to deliver full-year savings of more than $45 millionas we continue to manage all aspects toward margin recovery,” McGarry commented.

The company announced today that it expects the recent natural disasters will unfavorably affect fourth quarter diluted earnings-per-share by up to $0.05.

As of Sept. 30, 2017, cash and short-term investments totaled $2.3 billion. Year-to-date, PPG has completed business acquisitions totaling more than $300 million, including The Crown Group which was finalized on Oct. 2, and more than $400 million of share repurchases.

Third Quarter 2017 Reportable Segment Financial Results

• Performance Coatings segment third quarter net sales were approximately $2.3 billion, up $67 million, or 3percent, versus the prior year. Net sales benefited fromhigher selling prices across all businesses and regions, and acquisition-related sales of approximately $25million. Sales volumes declined by about 1 percent year-over-year, primarily due to the natural disasters unfavorably impacting the architectural and protective coatings businesses in the U.S. and Mexico by approximately $25 million. Favorable foreign currency translation increased net sales by more than $45 million, or 2 percent.

Organic sales improved modestly year-over-year in automotive refinish coatings driven by growth in developed regions. Aerospace coatings sales volumes grew slightly over the prior year period aided by higher European demand. Protective and marine coatings sales volumes were flat year-over-year, and improvedsequentially versus prior quarters, despite lower U.S. protective coatings sales volumes stemming from the hurricanes. Architectural coatings – EMEA sales volumes declined by a mid-single-digit percentage as business was turned away due to either low profitability or lack of customer acceptance of selling price increases, and demand in certain countries remains sluggish. Architectural coatings – Americas and Asia Pacific sales volumes were flat year-over-year with differences by channel and region. U.S. and Canada company-owned architectural stores grew sales volumes by a mid-single-digit percentage year-over year including the unfavorable impact from the hurricanes. This increase in sales was more than offset by lower sales volumes in national retail (DIY) accounts and independent dealer networks as both of these distribution channels continue to experience soft demand. Latin American architectural coatings sales volume growth was slightly up year-over-year despite the impacts from the natural disasters, while modest organic architectural coatings sales growth continued in Asia-Pacific.

Segment income for the third quarter was $365 million, down $3 million, or about 1 percent, year-over-year, including favorable foreign currency translation of $7million primarily due to the euro and Mexican peso.Segment income was negatively impacted by continuing,significant raw material cost inflation and lower sales volumes related to the natural disasters partly offset by selling price increases and aggressive overhead and manufacturing cost reduction efforts, including benefits from business restructuring actions.

• Industrial Coatings segment third quarter net sales were about $1.5 billion, up $49 million, or more than 3 percent, versus the prior-year period. Sales volumes increased bymore than 3 percent and favorable foreign currency translation added $20 million, or about 1 percent, versus the prior year. Selling prices were modestly lower year-over-year, but improved sequentially versus the second quarter. The natural disasters had minimal impact on segment sales, but did result in higher raw material and transitory logistics costs.

Automotive original equipment manufacturer (OEM)coatings sales volumes increased by a low-single-digit percentage year-over-year, matching global auto industryproduction rates. Aggregate industrial coatings and specialty coatings and materials sales volumes increased by a mid-single-digit percentage versus the prior yearand outpaced regional industrial production growth rates for the seventh consecutive quarter, as higher volumeswere achieved in each major region and in many end-use markets. Packaging coatings sales volumes increased a mid-single-digit percentage year-over-year and were above industry growth rates in most regions, led by customer adoption of new PPG technologies.

Segment income for the third quarter was $223 million, down $26 million, or 10 percent, year-over-year.Segment income benefited from the impact of higher sales volumes and strong cost management, including the benefits from business restructuring actions. These improvements were more than offset by increases in raw material costs, higher logistics costs and lower selling prices. Favorable foreign currency translation increased segment income by $3 million.

Figures for all periods present PPG’s former Glass segment as discontinued operations.  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-19 11:51:00 [updated_at] => 2017-10-19 11:53:58 [last_updated_author] => 142069 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["259907","258205","258005","255171","255168","253097","252717","251224","249378","248888","248296","247316","247205","247046","247012","245185","244888"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [3] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 260852 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2017-11-01 [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 155309 [primary_image_old] => [slider_image_id] => 155309 [banner_image] => 0 [title] => PPG completes 10 Greater Pittsburgh COLORFUL COMMUNITIES Projects for United Way’s Day of Caring [short_title] => [summary] => [slug] => ppg-completes-10-greater-pittsburgh-colorful-communities-projects-for-united-ways-day-of-caring [body] => For United Way of Southwestern Pennsylvania’s Day of Caring, PPG said it provided more than 430 gallons of its PPG Paints products to assist with 10 COLORFUL COMMUNITIES projects in the Pittsburgh area.

The project brought together more than 300 PPG volunteers, who spent the day revitalizing classrooms, adding color to housing and creating murals for Bethlehem HavenLaRosa Boys & Girls Club of McKeesportCamp Guyasuta for Boy Scouts of AmericaGlade Run Lutheran ServicesHuman Services Center Corporationthe Pittsburgh Zoo & PPG AquariumPressley Street High RiseRachel Carson HomesteadVeterans Leadership Program of Western PA and YMCA Homewood-Brushton. PPG provided more than 430 gallons of PPG PAINTS products to assist with the projects, which will positively impact more than 1 million individuals served by the organizations.



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.

United Way’s Day of Caring is about bringing together teams of volunteers to help local non-profit organizations across Allegheny, Butler, Westmoreland, Fayette and Southern Armstrong counties. Volunteers take to the streets, offices, playgrounds, schools and more to help local organizations better serve people in need in the community.
 
“PPG is pleased to join with United Way of Southwestern Pennsylvania to make an impact in communities where PPG has a long-standing history,” said Sue Sloan, PPG executive director, Corporate Global Social Responsibility. “We are also proud that our employees have chosen to spend this day sharing our mission to bring color and vitality to local communities.”
 
The Colorful Communities program is PPG’s signature initiative for community engagement efforts, with the aim to protect and beautify the neighborhoods where PPG operates around the world. The program increases PPG’s commitment to invest in communities and supports projects that transform community assets, providing PPG volunteers and donated PPG products. In 2015 and 2016 combined, PPG completed nearly 60 Colorful Communities projects, and it expects to complete about 75 more this year.


 
“United Way of Southwestern Pennsylvania values our long-standing partnership with PPG,"  said Lois Mufuka-Martin, chief volunteer engagement officer, United Way. "This year our collaboration is focused on improving the lives of women, children, families, veterans, seniors and people with disabilities."



Photos courtesy PPG [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-23 08:12:00 [updated_at] => 2017-11-06 08:48:28 [last_updated_author] => 142069 [uploaded_by] => 228513 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["261510","261314","261272","260637","259970","259907","259152","259137","256930","256776","255171","255025","254696","254691","250245","249929","249846","249845","249768","249033","247316","247046","247012"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [4] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 261272 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 155623 [primary_image_old] => [slider_image_id] => 155623 [banner_image] => 0 [title] => PPG Unveils Top European, Global Automobile Colors [short_title] => [summary] => [slug] => ppg-unveils-top-european-global-automobile-colors [body] => PPG on Thursday unveiled its automotive color trends and data. Blue is the fastest-growing color for automobiles worldwide, while white remains the most popular choice for cars in Europe, the company said.
 
While consumers’ preference for white decreased this year by one percent, from 33 percent in 2016, the shade remains the overall top pick for vehicles in five of the six European countries surveyed for the data. As a whole, the color’s favorability has grown by five percent over the past five years in this region. Throughout Europe, both metallic and solid versions of white are the most popular options for luxury, compact and mini-van automobiles. But, European consumers prefer blue on sports cars more frequently than any other car type.
 
“PPG’s leading position in paint and colour forecasting allows us to analyze cross-cultural and cross-industry trends with our 20 global colour stylists from seven countries,” said Jane Harrington, PPG manager, automotive colour styling. “While we know that automotive colour trends are inspired by multiple industries, they are unique compared to fashion or home décor since the trends evolve and change slowly over time instead of significantly year-to-year. While white, black, gray and silver continue to be popular colour choices, we’re seeing a steady increase in the desire for cars in varying blue and brown shades.”
 
PPG automotive colour preferences by region for 2017 include:  
Comforting neutrals that consumers are craving in fashion, technology and their homes cause silver and gray to continue to be popular in automotive colors across all types of vehicles due to slight nuances in colour and classic roots, Harrington noted. Chameleon-like hues that have gray and blue undertones remain top choices among consumers, as they represent calm, comfort and a middle ground.
 
PPG’s CORE Relation automotive colour palettes for 2021 models include the following four color stories that connect and resonate with current consumer mindsets.
   
For more than 80 years, PPG has been on the forefront of automotive coatings innovation. The company combines its extensive knowledge of coatings and special effects technologies with analysis of industry trends to aid automakers around the world in enhancing the image and identity of their vehicle brands.
 
Because PPG’s paint colours are sold in more than 70 countries, developing colour trends is a global, cross-cultural effort. PPG has 20 colour stylists around the world who specialize in industries that include consumer electronics, architectural, automotive and aerospace. These experts study consumer insights, building material trends, décor trends and more to select a colour forecast that resonates and is reflective of current consumer attitudes that span cultures, regions and markets.
 
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-26 08:20:00 [updated_at] => 2017-10-26 08:35:31 [last_updated_author] => 228513 [uploaded_by] => 228513 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["260994","260852","259970","259907","259152","259137","257223","256930","256473","256185","255025","254696","251904","250107","249929","249843","249127","247058","247046","246348"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) ) [relatedContent] => Array ( [0] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 259152 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 154374 [primary_image_old] => 0 [slider_image_id] => 154374 [banner_image] => 0 [title] => PPG Provides High-Performing Coatings for National Hockey League Goal Posts [short_title] => [summary] => PPG ENVIROCRON Extreme Protection powder coating resists chipping in cold environments. [slug] => ppg-provides-high-performing-coatings-for-national-hockey-league-goal-posts [body] => PPG, the official paint of the National Hockey League, announced it is offering industrial coatings that may be used on NHL goal posts. Based on the company’s proprietary powder coating technology, PPG ENVIROCRON Extreme Protection provides outstanding cold chip resistance for the most challenging automotive underbody end-uses. Now, the same technology can be used to protect hockey goals.
 
“After extensive testing, PPG is proud to provide the high-performing coatings for this challenging application,” said Shelley Verdun, PPG product manager, Industrial Coatings. “From pucks to skate blades, we know that the red paint on NHL goal posts takes a beating. The Envirocron Extreme Protection powder coating system, with its proprietary chip resistant technology in cold environments, will prevent chips, reduce scuffs and reduce maintenance time.”
 
The benefits of Envirocron Extreme Protection powder coatings include:  
“The NHL and PPG share a commitment to innovation in all realms of the game,” said Brian Jennings, NHL EVP and chief branding officer. “Envirocron Extreme Protection powder coatings will help to reduce maintenance needs. We will look to include NHL goal frames with this product in our event properties for the coming season and will continue to explore organic ways that PPG products can be integrated into the fabric of our game and throughout NHL arenas.”
 
PPG announced its exclusive paint partnership with the NHL earlier this year that made PPG paint brands the official paint of the NHL in the U.S. and Canada. The company’s paint products and coatings have a prominent presence throughout professional hockey, protecting and beautifying hockey arenas from Los Angeles to Pittsburgh and across Canada.




Photo courtesy PPG [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-06 07:00:00 [updated_at] => 2017-10-05 08:02:16 [last_updated_author] => 228513 [uploaded_by] => 228513 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["259137","257223","256185","255025","254696","252766","251904","251488","250107","249929","249378","249120","249033","247058","247046","246348","245383","245185","244912","244463","244338"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [1] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 259970 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 154819 [primary_image_old] => [slider_image_id] => 154819 [banner_image] => 0 [title] => PPG Highlights Coatings, Global Support Capabilities at International Fastener Expo [short_title] => [summary] => Products, finishing services help customers improve performance, manage cost [slug] => ppg-highlights-coatings-global-support-capabilities-at-international-fastener-expo [body] => PPG will highlight its complete line of fastener coatings and global support capabilities for the automotive, construction and general metal-fabrication industries at the 2017 International Fastener Expo, Oct. 18-19 at the Las Vegas Convention Center.

PPG will feature the capabilities of the ALLTECH ENGINEREED FINISHES facility, a PPG-owned operation in Taiwan that offers an array of pretreatment and electrocoat (e-coat) finishing services for fasteners and related products. Products on display will include PPG ELECTROPOLYSEAL bulk coatings, the Spincoat family of zinc-rich finishes and PPG RUSTAREST 53253 oil pretreatments.

Electropolyseal coatings enable bulk processing of small parts and fasteners for e-coat lines using barrel and basket application methods. They are also compatible with zinc-rich liquid coatings for dip-spin, dip-drain and spray lines, enabling manufacturers to manage costs and increase product performance by combining bulk application processes with high-quality finishes.

Electropolyseal, Spincoat AR and Spincoat ZR finishes feature torque-modified finishes for easy and consistent application via e-coat and dip-spin processes. They are also chrome-free, lead-free and compliant with the Restriction of Hazardous Substances (RoHS) directive.

PPG helps parts manufacturers implement and manage fastener-coating processes throughout North America, Latin America, Europe and the Asia Pacific region.

The International Fastener Expo (formerly the National Industrial Fastener and Mill Supply Expo) is the largest business-to-business trade show of industrial fasteners and tooling and machinery in North America, attracting more than 2,500 attendees and 850 industry suppliers. Since 1981, the event has brought together manufacturers and master distributors of fasteners, precision formed parts, fastener machinery and tooling, and other related products and services with distributors and sales agents in the distribution chain.

For more information, visit PPG at booth 542. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-12 13:06:00 [updated_at] => 2017-11-08 14:18:13 [last_updated_author] => 228513 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["262249","261510","261504","261314","261282","261272","260852","259917","259907","259722","259520","259303","259152","259137","259016","258243","255025","254696","251317","250932"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [2] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 260634 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 155218 [primary_image_old] => [slider_image_id] => 155218 [banner_image] => 0 [title] => PPG Reports Third Quarter 2017 Financial Results [short_title] => [summary] => [slug] => ppg-reports-third-quarter-2017-financial-results [body] => PPG reported third quarter 2017 net sales of approximately $3.8billion, up more than 3 percent versus the prior year. Sales volumes, including the unfavorable impact of several natural disasters, grew by nearly 1 percent. Prior to the natural disasters, PPG’s quarterly volume growth was tracking ahead of the growth rate for the first six months of the year. Selling prices improved modestly year-over-year for the second consecutive quarter. Favorable foreign currency translation improved net sales by nearly 2 percent, or about $65 million.

Third quarter 2017 net income from continuing operations was $392 million, or $1.52 per diluted share, which includes an unfavorable natural disaster-related impact of approximately 5 cents.  The company’s reported profit contribution margin as a percentage of sales declined 160 basis points year-over-year, and approximately 130 basis points excluding the impact of natural disasters. This compression is an improvement from the second quarter 2017 when the company’s profit contribution margin contracted by 210 basis points versus the prior year.

Third quarter 2016 reported net loss from continuing operations was $211 million, or $0.79 per share. Third quarter 2016 adjusted net income from continuing operations was $405 million, or $1.52 per share, excluding net after-tax charges totaling $616 million, or $2.31 per share, for pension settlement charges.

“While the third quarter was challenging emotionally and operationally due to the natural disasters, we achieved solid overall financial results and, more importantly, made someprogress in our initial operating margin recovery efforts,” said Michael McGarry, PPG chairman and chief executive officer.“Additionally, we were tracking toward volume growth of about 1.5 percent prior to the disasters, which was an improvement versus our sales volume growth for the first half of the year. 

“We have achieved some operating margin recovery, despite continuing raw material cost inflation driven by a variety of supply-related factors, some of which are transitory,” McGarrysaid. “We have continued to aggressively manage our costs, and have secured initial selling price increases with only a portion of these increases realized during the quarter. Also, while we still have more work to do to improve our overall organic growth rate, we are continuing to make measurable headway in several areas, including our Industrial Coatings segment which grew sales volumes by more than 3 percent year-over-year and in our U.S. architectural coatings company-owned stores where same store sales growth was trending above 6 percent prior to the hurricanes. 

“During the quarter, we made progress on our strategicinitiatives including the sale of our remaining Glass business,marking a transformational milestone for the company. Also, we remain committed to earnings-accretive cash deployment and have spent more than $700 million to date toward our $3.5 billion target, with the remaining $2.8 billion to be deployed by the end of 2018,” McGarry continued.

“Looking ahead to the fourth quarter, we expect moderate global economic growth to continue. Given the after-effects from the natural disasters, we no longer expect any notabledecline in the level of raw material cost inflation for the remainder of this year. We are continuing to work with our customers to address the inflationary environment and expect to realize additional selling price increases. Lastly, we continue to execute on our restructuring program and remain on track to deliver full-year savings of more than $45 millionas we continue to manage all aspects toward margin recovery,” McGarry commented.

The company announced today that it expects the recent natural disasters will unfavorably affect fourth quarter diluted earnings-per-share by up to $0.05.

As of Sept. 30, 2017, cash and short-term investments totaled $2.3 billion. Year-to-date, PPG has completed business acquisitions totaling more than $300 million, including The Crown Group which was finalized on Oct. 2, and more than $400 million of share repurchases.

Third Quarter 2017 Reportable Segment Financial Results

• Performance Coatings segment third quarter net sales were approximately $2.3 billion, up $67 million, or 3percent, versus the prior year. Net sales benefited fromhigher selling prices across all businesses and regions, and acquisition-related sales of approximately $25million. Sales volumes declined by about 1 percent year-over-year, primarily due to the natural disasters unfavorably impacting the architectural and protective coatings businesses in the U.S. and Mexico by approximately $25 million. Favorable foreign currency translation increased net sales by more than $45 million, or 2 percent.

Organic sales improved modestly year-over-year in automotive refinish coatings driven by growth in developed regions. Aerospace coatings sales volumes grew slightly over the prior year period aided by higher European demand. Protective and marine coatings sales volumes were flat year-over-year, and improvedsequentially versus prior quarters, despite lower U.S. protective coatings sales volumes stemming from the hurricanes. Architectural coatings – EMEA sales volumes declined by a mid-single-digit percentage as business was turned away due to either low profitability or lack of customer acceptance of selling price increases, and demand in certain countries remains sluggish. Architectural coatings – Americas and Asia Pacific sales volumes were flat year-over-year with differences by channel and region. U.S. and Canada company-owned architectural stores grew sales volumes by a mid-single-digit percentage year-over year including the unfavorable impact from the hurricanes. This increase in sales was more than offset by lower sales volumes in national retail (DIY) accounts and independent dealer networks as both of these distribution channels continue to experience soft demand. Latin American architectural coatings sales volume growth was slightly up year-over-year despite the impacts from the natural disasters, while modest organic architectural coatings sales growth continued in Asia-Pacific.

Segment income for the third quarter was $365 million, down $3 million, or about 1 percent, year-over-year, including favorable foreign currency translation of $7million primarily due to the euro and Mexican peso.Segment income was negatively impacted by continuing,significant raw material cost inflation and lower sales volumes related to the natural disasters partly offset by selling price increases and aggressive overhead and manufacturing cost reduction efforts, including benefits from business restructuring actions.

• Industrial Coatings segment third quarter net sales were about $1.5 billion, up $49 million, or more than 3 percent, versus the prior-year period. Sales volumes increased bymore than 3 percent and favorable foreign currency translation added $20 million, or about 1 percent, versus the prior year. Selling prices were modestly lower year-over-year, but improved sequentially versus the second quarter. The natural disasters had minimal impact on segment sales, but did result in higher raw material and transitory logistics costs.

Automotive original equipment manufacturer (OEM)coatings sales volumes increased by a low-single-digit percentage year-over-year, matching global auto industryproduction rates. Aggregate industrial coatings and specialty coatings and materials sales volumes increased by a mid-single-digit percentage versus the prior yearand outpaced regional industrial production growth rates for the seventh consecutive quarter, as higher volumeswere achieved in each major region and in many end-use markets. Packaging coatings sales volumes increased a mid-single-digit percentage year-over-year and were above industry growth rates in most regions, led by customer adoption of new PPG technologies.

Segment income for the third quarter was $223 million, down $26 million, or 10 percent, year-over-year.Segment income benefited from the impact of higher sales volumes and strong cost management, including the benefits from business restructuring actions. These improvements were more than offset by increases in raw material costs, higher logistics costs and lower selling prices. Favorable foreign currency translation increased segment income by $3 million.

Figures for all periods present PPG’s former Glass segment as discontinued operations.  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-19 11:51:00 [updated_at] => 2017-10-19 11:53:58 [last_updated_author] => 142069 [uploaded_by] => 142069 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["259907","258205","258005","255171","255168","253097","252717","251224","249378","248888","248296","247316","247205","247046","247012","245185","244888"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [3] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 260852 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2017-11-01 [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 155309 [primary_image_old] => [slider_image_id] => 155309 [banner_image] => 0 [title] => PPG completes 10 Greater Pittsburgh COLORFUL COMMUNITIES Projects for United Way’s Day of Caring [short_title] => [summary] => [slug] => ppg-completes-10-greater-pittsburgh-colorful-communities-projects-for-united-ways-day-of-caring [body] => For United Way of Southwestern Pennsylvania’s Day of Caring, PPG said it provided more than 430 gallons of its PPG Paints products to assist with 10 COLORFUL COMMUNITIES projects in the Pittsburgh area.

The project brought together more than 300 PPG volunteers, who spent the day revitalizing classrooms, adding color to housing and creating murals for Bethlehem HavenLaRosa Boys & Girls Club of McKeesportCamp Guyasuta for Boy Scouts of AmericaGlade Run Lutheran ServicesHuman Services Center Corporationthe Pittsburgh Zoo & PPG AquariumPressley Street High RiseRachel Carson HomesteadVeterans Leadership Program of Western PA and YMCA Homewood-Brushton. PPG provided more than 430 gallons of PPG PAINTS products to assist with the projects, which will positively impact more than 1 million individuals served by the organizations.



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.

United Way’s Day of Caring is about bringing together teams of volunteers to help local non-profit organizations across Allegheny, Butler, Westmoreland, Fayette and Southern Armstrong counties. Volunteers take to the streets, offices, playgrounds, schools and more to help local organizations better serve people in need in the community.
 
“PPG is pleased to join with United Way of Southwestern Pennsylvania to make an impact in communities where PPG has a long-standing history,” said Sue Sloan, PPG executive director, Corporate Global Social Responsibility. “We are also proud that our employees have chosen to spend this day sharing our mission to bring color and vitality to local communities.”
 
The Colorful Communities program is PPG’s signature initiative for community engagement efforts, with the aim to protect and beautify the neighborhoods where PPG operates around the world. The program increases PPG’s commitment to invest in communities and supports projects that transform community assets, providing PPG volunteers and donated PPG products. In 2015 and 2016 combined, PPG completed nearly 60 Colorful Communities projects, and it expects to complete about 75 more this year.


 
“United Way of Southwestern Pennsylvania values our long-standing partnership with PPG,"  said Lois Mufuka-Martin, chief volunteer engagement officer, United Way. "This year our collaboration is focused on improving the lives of women, children, families, veterans, seniors and people with disabilities."



Photos courtesy PPG [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2017-10-23 08:12:00 [updated_at] => 2017-11-06 08:48:28 [last_updated_author] => 142069 [uploaded_by] => 228513 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["261510","261314","261272","260637","259970","259907","259152","259137","256930","256776","255171","255025","254696","254691","250245","249929","249846","249845","249768","249033","247316","247046","247012"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [4] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 261272 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 5 [layout_id] => 0 [primary_image] => 155623 [primary_image_old] => [slider_image_id] => 155623 [banner_image] => 0 [title] => PPG Unveils Top European, Global Automobile Colors [short_title] => [summary] => [slug] => ppg-unveils-top-european-global-automobile-colors [body] => PPG on Thursday unveiled its automotive color trends and data. Blue is the fastest-growing color for automobiles worldwide, while white remains the most popular choice for cars in Europe, the company said.
 
While consumers’ preference for white decreased this year by one percent, from 33 percent in 2016, the shade remains the overall top pick for vehicles in five of the six European countries surveyed for the data. As a whole, the color’s favorability has grown by five percent over the past five years in this region. Throughout Europe, both metallic and solid versions of white are the most popular options for luxury, compact and mini-van automobiles. But, European consumers prefer blue on sports cars more frequently than any other car type.
 
“PPG’s leading position in paint and colour forecasting allows us to analyze cross-cultural and cross-industry trends with our 20 global colour stylists from seven countries,” said Jane Harrington, PPG manager, automotive colour styling. “While we know that automotive colour trends are inspired by multiple industries, they are unique compared to fashion or home décor since the trends evolve and change slowly over time instead of significantly year-to-year. While white, black, gray and silver continue to be popular colour choices, we’re seeing a steady increase in the desire for cars in varying blue and brown shades.”
 
PPG automotive colour preferences by region for 2017 include:  
Comforting neutrals that consumers are craving in fashion, technology and their homes cause silver and gray to continue to be popular in automotive colors across all types of vehicles due to slight nuances in colour and classic roots, Harrington noted. Chameleon-like hues that have gray and blue undertones remain top choices among consumers, as they represent calm, comfort and a middle ground.
 
PPG’s CORE Relation automotive colour palettes for 2021 models include the following four color stories that connect and resonate with current consumer mindsets.
   
For more than 80 years, PPG has been on the forefront of automotive coatings innovation. The company combines its extensive knowledge of coatings and special effects technologies with analysis of industry trends to aid automakers around the world in enhancing the image and identity of their vehicle brands.
 
Because PPG’s paint colours are sold in more than 70 countries, developing colour trends is a global, cross-cultural effort. PPG has 20 colour stylists around the world who specialize in industries that include consumer electronics, architectural, automotive and aerospace. These experts study consumer insights, building material trends, décor trends and more to select a colour forecast that resonates and is reflective of current consumer attitudes that span cultures, regions and markets.
 
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