HELSINKI–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced it hosted an Investor Day in Helsinki, Finland, on June 9, 2022, highlighting the company\u2019s growth through recent acquisitions, including Tikkurila, and its latest environmental, social and governance (ESG) initiatives and goals.\n<\/p>\n
<\/a><\/p>\n \nPPG provided an update on the integration and performance of Tikkurila, a leading Nordic paints and coatings company acquired in 2021. PPG leaders discussed how Tikkurila:\n<\/p>\n Provides PPG with above-industry sales and earnings growth opportunities,<\/p>\n Strengthens PPG\u2019s architectural coatings portfolio and drives margin expansion with its premium brands and leading technologies,<\/p>\n Expands PPG\u2019s architectural coatings footprint in EMEA and China, provides cross-selling opportunities across the Nordic region,<\/p>\n Bolsters PPG\u2019s distribution channels,<\/p>\n Brings a complementary organizational culture to PPG, which is helping to deliver integration synergies, and<\/p>\n Has a strong focus on sustainability, which complements PPG\u2019s ESG strategy.<\/p>\n \nIn addition to Tikkurila, PPG leaders highlighted the progress of the other most recent acquisitions, including VersaFlex, Cetelon, Worwag and Ennis-Flint.\n<\/p>\n \n\u201cAcquisitions are a key to PPG\u2019s long-term growth strategy and continue to create value for the company. We are pleased with the integration pace of our five most recent acquisitions,\u201d said Tim Knavish, PPG chief operating officer. \u201cSince we completed the acquisitions, we have identified further opportunities to drive our total synergy target to $150 million \u2013 a 15% increase from the original goal.\u201d\n<\/p>\n \nDuring the Investor Day, PPG also discussed its leading ESG program. Included topics were PPG\u2019s recently published diversity, equity and inclusion (DE&I) report, its scopes 1 and 2 greenhouse gas emission reduction roadmap and its commitment to set near-term emission reduction targets in line with climate science through the Science Based Targets initiative (SBTi). PPG has an existing goal to reduce greenhouse gas (GHG) emissions intensity by 15% by 2025 from a 2017 baseline, achieving a 9.7% reduction in 2021. The company plans to unveil its new 2030 goals in the coming months. To learn more about PPG\u2019s progress and sustainable solutions, visit the company\u2019s 2021 ESG Report at sustainability.ppg.com<\/a>.\n<\/p>\n \n\u201cWe have made great progress towards our 2025 targets, which include the goal of 40% of our sales from sustainably advantaged products,\u201d said Diane Kappas, PPG vice president, Global Sustainability. \u201cWe are leveraging capabilities to continue to drive innovation and new product development toward more sustainable solutions, which will enable our customers\u2019 ability to meet their sustainability commitments and targets.\u201d\n<\/p>\n \nFurther Details on Investor Day\n<\/p>\n \nThe presentation from PPG\u2019s 2022 Investor Day is available in PPG\u2019s Investor Center at https:\/\/investor.ppg.com\/presentations\/presentations\/default.aspx<\/a>\n<\/p>\n \nForward-Looking Statements\n<\/p>\n \nStatements contained herein relating to matters that are not historical facts are forward-looking statements reflecting PPG\u2019s current view with respect to future events and financial performance. These matters within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, involve risks and uncertainties that may affect PPG\u2019s operations, as discussed in the company\u2019s filings with the Securities and Exchange Commission pursuant to Sections 13(a), 13(c) or 15(d) of the Exchange Act, and the rules and regulations promulgated thereunder. Accordingly, many factors could cause actual results to differ materially from the Company\u2019s forward-looking statements. Such factors include statements related to the expected effects on our business of COVID-19, global economic conditions, geopolitical issues in Europe, increasing price and product competition by our competitors, fluctuations in cost and availability of raw materials, energy, labor and logistics, the ability to achieve selling price increases, the ability to recover margins, margin expansion, customer inventory levels, our ability to maintain favorable supplier relationships and arrangements, the timing of and the realization of anticipated cost savings from restructuring and other initiatives, the ability to identify additional cost savings opportunities, the timing and expected benefits of our acquisitions, difficulties in integrating acquired businesses and achieving expected sales and synergies therefrom, economic and political conditions in the markets we serve, the ability to penetrate existing, developing and emerging foreign and domestic markets, foreign exchange rates and fluctuations in such rates, fluctuations in tax rates, the impact of future legislation, the impact of environmental regulations, the ability to meet sustainability targets, unexpected business disruptions, the unpredictability of existing and possible future litigation, including asbestos litigation and governmental investigations. However, it is not possible to predict or identify all such factors. Consequently, while the list of factors presented here and under Item 1A of PPG\u2019s 2021 Form 10-K is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in the results compared with those anticipated in the forward-looking statements could include, among other things, lower sales or earnings, business disruption, operational problems, financial loss, legal liability to third parties, other factors set forth in Item 1A of PPG\u2019s 2021 Form 10-K and similar risks, any of which could have a material adverse effect on the Company\u2019s consolidated financial condition, results of operations or liquidity. \u200b\n<\/p>\n \nAll information in this release speaks only as of June 9, 2022, and any distribution of this release after that date is not intended and will not be construed as updating or confirming such information. PPG undertakes no obligation to update any forward-looking statement, except as otherwise required by applicable law.\n<\/p>\n \nPPG: WE PROTECT AND BEAUTIFY THE WORLD\u2122\n<\/p>\n \nAt PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for nearly 140 years. Through dedication and creativity, we solve our customers\u2019 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 $16.8 billion in 2021. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets. To learn more, visit www.ppg.com<\/a>.\n<\/p>\n \nWe protect and beautify the world is a trademark and Colorful Communities and the PPG Logo are registered trademarks of PPG Industries Ohio, Inc.\n<\/p>\n \nCATEGORY Corporate\n<\/p>\n Contacts <\/p>\n \nMedia Contact: \nInvestor Contact: HELSINKI–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced it hosted an Investor Day in Helsinki, Finland, on June 9, 2022, highlighting the company\u2019s growth through recent acquisitions, including Tikkurila, and its latest environmental, social and governance (ESG) initiatives and goals. PPG provided an update on the integration and performance of Tikkurila, a leading Nordic paints and coatings company […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-800510","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\n
Mark Silvey
\n
Corporate Communications
\n
+1-412-434-3046
\n
silvey@ppg.com<\/a>\n<\/p>\n
John Bruno
\n
Investor Relations
\n
+1-412-434-3466
\n
jbruno@ppg.com<\/a>
investor.ppg.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"
![<\/a><\/p>\n\nPPG provided an update on the integration and performance of Tikkurila, a leading Nordic paints and coatings company acquired in 2021. PPG leaders discussed how Tikkurila:\n<\/p>\nProvides PPG with above-industry sales and earnings growth opportunities,<\/p>\nStrengthens PPG\u2019s architectural coatings portfolio and drives margin expansion with its premium brands and leading technologies,<\/p>\nExpands PPG\u2019s architectural coatings footprint in EMEA and China, provides cross-selling opportunities across the Nordic region,<\/p>\nBolsters PPG\u2019s distribution channels,<\/p>\nBrings a complementary organizational culture to PPG, which is helping to deliver integration synergies, and<\/p>\nHas a strong focus on sustainability, which complements PPG\u2019s ESG strategy.<\/p>\n\nIn addition to Tikkurila, PPG leaders highlighted the progress of the other most recent acquisitions, including VersaFlex, Cetelon, Worwag and Ennis-Flint.\n<\/p>\n\n\u201cAcquisitions are a key to PPG\u2019s long-term growth strategy and continue to create value for the company. We are pleased with the integration pace of our five most recent acquisitions,\u201d said Tim Knavish, PPG chief operating officer. \u201cSince we completed the acquisitions, we have identified further opportunities to drive our total synergy target to $150 million \u2013 a 15% increase from the original goal.\u201d\n<\/p>\n\nDuring the Investor Day, PPG also discussed its leading ESG program. Included topics were PPG\u2019s recently published diversity, equity and inclusion (DE&I) report, its scopes 1 and 2 greenhouse gas emission reduction roadmap and its commitment to set near-term emission reduction targets in line with climate science through the Science Based Targets initiative (SBTi). PPG has an existing goal to reduce greenhouse gas (GHG) emissions intensity by 15% by 2025 from a 2017 baseline, achieving a 9.7% reduction in 2021. The company plans to unveil its new 2030 goals in the coming months. To learn more about PPG\u2019s progress and sustainable solutions, visit the company\u2019s 2021 ESG Report at sustainability.ppg.com<\/a>.\n<\/p>\n\n\u201cWe have made great progress towards our 2025 targets, which include the goal of 40% of our sales from sustainably advantaged products,\u201d said Diane Kappas, PPG vice president, Global Sustainability. \u201cWe are leveraging capabilities to continue to drive innovation and new product development toward more sustainable solutions, which will enable our customers\u2019 ability to meet their sustainability commitments and targets.\u201d\n<\/p>\n\nFurther Details on Investor Day\n<\/p>\n\nThe presentation from PPG\u2019s 2022 Investor Day is available in PPG\u2019s Investor Center at https:\/\/investor.ppg.com\/presentations\/presentations\/default.aspx<\/a>\n<\/p>\n\nForward-Looking Statements\n<\/p>\n\nStatements contained herein relating to matters that are not historical facts are forward-looking statements reflecting PPG\u2019s current view with respect to future events and financial performance. These matters within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, involve risks and uncertainties that may affect PPG\u2019s operations, as discussed in the company\u2019s filings with the Securities and Exchange Commission pursuant to Sections 13(a), 13(c) or 15(d) of the Exchange Act, and the rules and regulations promulgated thereunder. Accordingly, many factors could cause actual results to differ materially from the Company\u2019s forward-looking statements. Such factors include statements related to the expected effects on our business of COVID-19, global economic conditions, geopolitical issues in Europe, increasing price and product competition by our competitors, fluctuations in cost and availability of raw materials, energy, labor and logistics, the ability to achieve selling price increases, the ability to recover margins, margin expansion, customer inventory levels, our ability to maintain favorable supplier relationships and arrangements, the timing of and the realization of anticipated cost savings from restructuring and other initiatives, the ability to identify additional cost savings opportunities, the timing and expected benefits of our acquisitions, difficulties in integrating acquired businesses and achieving expected sales and synergies therefrom, economic and political conditions in the markets we serve, the ability to penetrate existing, developing and emerging foreign and domestic markets, foreign exchange rates and fluctuations in such rates, fluctuations in tax rates, the impact of future legislation, the impact of environmental regulations, the ability to meet sustainability targets, unexpected business disruptions, the unpredictability of existing and possible future litigation, including asbestos litigation and governmental investigations. However, it is not possible to predict or identify all such factors. Consequently, while the list of factors presented here and under Item 1A of PPG\u2019s 2021 Form 10-K is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Consequences of material differences in the results compared with those anticipated in the forward-looking statements could include, among other things, lower sales or earnings, business disruption, operational problems, financial loss, legal liability to third parties, other factors set forth in Item 1A of PPG\u2019s 2021 Form 10-K and similar risks, any of which could have a material adverse effect on the Company\u2019s consolidated financial condition, results of operations or liquidity. \u200b\n<\/p>\n\nAll information in this release speaks only as of June 9, 2022, and any distribution of this release after that date is not intended and will not be construed as updating or confirming such information. PPG undertakes no obligation to update any forward-looking statement, except as otherwise required by applicable law.\n<\/p>\n\nPPG: WE PROTECT AND BEAUTIFY THE WORLD\u2122\n<\/p>\n\nAt PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for nearly 140 years. Through dedication and creativity, we solve our customers\u2019 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 $16.8 billion in 2021. We serve customers in construction, consumer products, industrial and transportation markets, and aftermarkets. To learn more, visit www.ppg.com<\/a>.\n<\/p>\n\nWe protect and beautify the world is a trademark and Colorful Communities and the PPG Logo are registered trademarks of PPG Industries Ohio, Inc.\n<\/p>\n\nCATEGORY Corporate\n<\/p>\nContacts <\/p>\n\nMedia Contact:Mark Silvey\nCorporate Communications\n+1-412-434-3046\nsilvey@ppg.com<\/a>\n<\/p>\n\nInvestor Contact:John Bruno\nInvestor Relations\n+1-412-434-3466\njbruno@ppg.com<\/a>investor.ppg.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"HELSINKI–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced it hosted an Investor Day in Helsinki, Finland, on June 9, 2022, highlighting the company\u2019s growth through recent acquisitions, including Tikkurila, and its latest environmental, social and governance (ESG) initiatives and goals. PPG provided an update on the integration and performance of Tikkurila, a leading Nordic paints and coatings company […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-800510","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nPPG Highlights Tikkurila Acquisition, ESG Progress at 2022 Investor Day - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/ppg-highlights-tikkurila-acquisition-esg-progress-at-2022-investor-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PPG Highlights Tikkurila Acquisition, ESG Progress at 2022 Investor Day - BeBeez\" \/>\n<meta property=\"og:description\" content=\"HELSINKI–(BUSINESS WIRE)–PPG (NYSE:PPG) today announced it hosted an Investor Day in Helsinki, Finland, on June 9, 2022, highlighting the company\u2019s growth through recent acquisitions, including Tikkurila, and its latest environmental, social and governance (ESG) initiatives and goals. 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