JUST ranks the largest publicly traded U.S. companies on the companies’ performance in the following five categories: treatment of workers, communities, customers, shareholders/governance, and environment. PPG has been included on this list since 2018.
The company has completed a strategic review of its production footprint in Germany. As a result of this review, Teknos has decided not to proceed with a new factory in Steinau an der Straße, Germany, and plans to cease operations in Fulda, Germany.
The new managing director will lead the strategic direction across a diverse portfolio, including coil and extrusion coatings, packaging coatings, wood finishes, and wood adhesives.
Salvat will continue to report to PPG senior vice president and general counsel, Anne Foulkes.The new appointee succeeds Ram Vadlamannati, who will transition to a new PPG role.
With its 2023 Color Trend Report, the company announced four feature colors that highlight color and design trends for the coming year. According to Diamond Vogel, each color expresses important architectural and lifestyle influences, providing key inspiration for today’s home.
RPM reports its fiscal 2023 second-quarter sales were driven by increased pricing in response to continued inflation. In addition, volume grew in businesses that are benefiting from reshoring and infrastructure spending, and material supply improved through insourcing and qualifying new suppliers.
PPG announced several leadership appointments, effective immediately. One of the company’s leaders will transition to lead a newly created PPG operations organization. PPG’s operations organization will encompass supply chain, operational excellence, manufacturing operations, procurement, and environment, health, and safety functions.
PPG will continue to be the official paint of the NHL in the United States and Canada, and will participate as a sponsor of the 2023 Discover NHL Winter Classic® featuring the Pittsburgh Penguins versus the Boston Bruins. The PPG partnership will be visible in various ways, such as on-site activation, branded dasher boards, and in-stadium signage.
After completion of closing conditions, KANSAI HELIOS will acquire all business assets of Becker Industrie SAS in the railway coatings segment. The transaction is expected to close in the first quarter of 2023. Beckers will continue to serve its railway customers in India and China.