PPG Industries has reported second-quarter sales of $3.5 billion, an increase of 11 percent versus the prior year’s second quarter. Second-quarter reported net income was $272 million, or $1.63 per share.
The Western Coatings Technology Center (WCTC) at California Polytechnic State University (Cal Poly) is one step closer to reality, as ground was broken on a new $2.5 million facility.
Cytec Industries Inc. has announced net earnings for the second quarter 2010 of $61.8 million or $1.24 per diluted share on net sales of $874 million. Included in the quarter is a special item charge of $3.1 million of net expense after-tax, or $0.06 per diluted share. Excluding this special item, net earnings were $64.8 million or $1.31 per diluted share.