DOCSLIB.ORG

2013 PPG Annual Report and Form 10-K

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2013 PPG Annual Report and Form 10-K Bringing innovation to the surface.™ PPG Industries One PPG Place Pittsburgh, PA 15272 USA +1-412-434-3131 www.ppg.com LinkedIn: linkedin.com/company/ppg-industries Facebook: facebook.com/ppgindustries Twitter: twitter.com/ppgindustries 2013 PPG Annual Report and Form 10-K 30% This annual report is printed on paper that is FSC-certified, contains 30% post-consumer recovered fiber and is manufactured with electricity in the form of renewable energy. AR-CORP-0214-ENG-17K PPG Profile Performance Coatings COLOR AEROSPACE. Leading manufacturer of transparencies, sealants, and coatings, and PPG Industries’ vision is to continue to be the world’s provider of electrochromic window systems, surface solutions, packaging, and leading coatings and specialty materials company. Through chemical management services, delivering new technologies and solutions to airframe manufacturers, airlines and maintenance providers for the commercial, leadership in innovation, sustainability and color, PPG helps military and general aviation industries globally. Also supplies transparent armor customers in industrial, transportation, consumer products, for military vehicles, buildings and rail. and construction markets and aftermarkets to enhance ARCHITECTURAL COATINGS – AMERICAS AND ASIA PACIFIC. Produces more surfaces in more ways than does any other company. paints, stains and specialty coatings for the commercial, maintenance and Founded in 1883, PPG has global headquarters in Pittsburgh residential markets under brands such as The PPG logo®, GLIDDEN®, FLOOD®, SIKKENS®, LIQUID NAILS®, PPG PORTER PAINTS®, MASTER’S MARK®, NO and operates in nearly 70 countries around the world. RENNER®, LUCITE®, OLYMPIC®, SICO®, DULUX®, TAUBMANS® and IVY®. PPG shares are traded on the New York Stock Exchange Produces and markets, primarily through independent INK (symbol:PPG). For more information, visit www.ppg.com. AUTOMOTIVE REFINISH. distribution, a full line of coatings products and related services for automotive and commercial transport/fleet repair and refurbishing, light industrial coatings and specialty coatings for signs. NO PROTECTIVE AND MARINE COATINGS. Leading supplier of corrosion-resistant, appearance-enhancing coatings for the marine, infrastructure, petrochemical, offshore and power industries. Produces the AMERCOAT®, FREITAG®, PPG HIGH AQUEOUS PERFORMANCE COATINGS™ and SIGMA COATINGS® brands. Industrial Coatings AUTOMOTIVE OEM COATINGS. Leading supplier of coatings, specialty products and services to automotive, commercial vehicle, fascia and trim manufacturers. Products include electrocoats, primer surfacers, basecoats, clearcoats, liquid applied sound dampeners, bedliner, pretreatment chemicals, adhesives and sealants. INDUSTRIAL COATINGS. Produces coatings for appliances, agricultural and DO construction equipment, consumer products, electronics, automotive parts, residential and commercial construction, wood flooring, joinery (windows and doors) and other finished products. NOT PACKAGING COATINGS. Global supplier of coatings, inks, compounds and pretreatment chemicals for plastic tubes and metal containers for the beverage, food, personal care and pharmaceutical markets, as well as the paint and PRINT chemical industries. Architectural Coatings – EMEA ARCHITECTURAL COATINGS— EMEA (EUROPE, MIDDLE EAST AND AFRICA). Supplier of market-leading paint brands for the trade and retail markets such as SIGMA COATINGS®, HISTOR®, DYRUP®, BONDEX®, BALAKRYL®, BRANDER®, BOONSTOPPEL®, RAMBO®, SEIGNEURIE®, PENITURES GAUTHIER®, GUITTET®, RIPOLIN®, JOHNSTONE’S®, LEYLAND®, DEKORAL®, TRINAT®, HERA®, PRIMALEX®, ® ® ® ® ® Contents 2013 PPG Annual Report and Form 10-K PROMINENT PAINTS , FREITAG , GORI , DOMALUX and DREWNOCHRON . Optical and Specialty Materials Letter from the Chairman..................... 1 OPTICAL PRODUCTS. Produces optical monomers and coatings, including Significant Milestones........................ 2 CR-39®, TRIVEX® and TRIBRID® lens materials, high performance NXT® sun lenses, photochromic dyes and TRANSITIONS® lenses. 2013 Financial Highlights..................... 4 SILICAS. Produces amorphous precipitated silicas for tire, battery separator Shareholder Information...................... 5 and other end-use applications and TESLIN® substrate, a synthetic paper Corporate Governance....................... 6 used in radio frequency identification (RFID) tags and labels, print materials, e-passports, security credentials, identification cards, and other applications. Management’s Discussion and Analysis......... 18 Financial Statements and Supplementary Data.... 32 Glass Five-Year Digest........................... 86 FIBER GLASS. Manufactures fiber glass reinforcement materials for thermoset and thermoplastic composite applications, serving the transportation, energy, Company Profile........................... 87 infrastructure and consumer markets. Produces fiber glass yarns for electronic printed circuit boards and specialty applications. FLAT GLASS. Produces flat glass and coated glass that is fabricated into products primarily for commercial construction and residential markets, as well as the solar energy, appliance, mirror and transportation industries. 2013 PPG Annual Report and Form 10-K 87 INNOVATION SUSTAINABILITY Letter from the Chairman Thanks to our customers and employees throughout the world, 2013 was one of the most successful years in our company’s 130-year history, both financially and strategically. PPG achieved record full-year results with each major region We’ve entered 2014 as the world’s largest coatings company, delivering earnings records. Our sales from continuing and are well positioned to maintain our leadership in this growing operations of $15.1 billion were up 12 percent from the prior global market. year and adjusted earnings per diluted share from continuing As we look forward, a key focus is to achieve further growth operations were an all-time high of $8.28. Our continued strong in each of our businesses and regions. To help drive our operating performance and earnings growth from our cash growth, we are continuing to evaluate potential acquisitions, deployment were major contributors to our year-over-year are expanding our organic capital funding, including several earnings growth. key projects like a new coatings manufacturing facility We delivered record cash flow from continuing operations in Russia, are emphasizing our new product of about $1.8 billion, up 15 percent versus the prior year, and development pipeline, and are investing more received $900 million in cash proceeds from the separation of in PPG’s brands. our commodity chemicals business. Our cash deployment in Over the next 18 -to- 24 months, we 2013 remained balanced with a total of $1.5 billion utilized to anticipate deploying between $3.0 billion grow the company through acquisitions and capital spending. and $4.0 billion of cash in a disciplined Additionally, we returned $1.35 billion to our shareholders with manner on incremental earnings growth $1.0 billion in stock repurchases and $345 million in dividends, initiatives, including returning cash to our including an increase in our annual per-share dividend payout shareholders. for the 42nd consecutive year. As PPG continues to transform and PPG also took several significant strategic actions during grow, we will maintain our commitments 2013 to further focus our business portfolio on coatings to safety and ethical behavior, our focus on and specialty materials and create additional value for PPG diversity and inclusion, and our dedication shareholders, including: to sustainable business practices. PPG’s reputation for honesty, fairness and • Successfully separated our former commodity chemicals integrity is one of our most important and business; valuable assets, and we continue to make • Completed the purchase and integration of AkzoNobel’s these values a priority in our day-to-day North American architectural coatings business; operations. Acquired the Deft aerospace coatings business; and • Thank you for your continued interest in • Reached an agreement to divest PPG’s 51 percent PPG, and I believe the future looks bright as ownership interest in the Transitions Optical joint venture. we continue to grow our businesses around These strategic actions and our record financial performance the world. in 2013 were rewarded by the equity market with an all-time record stock price. PPG’s year-end stock price increased more than 40 percent versus the prior year-end, appreciating significantly above our peers and the U.S. market indices. Charles E. Bunch Chairman and Chief Executive Officer 2013 PPG Annual Report and Form 10-K 1 2013 Significant Strategic Milestones May Acquired certain assets of specialty coatings provider Deft Inc., enhancing PPG’s aerospace coatings product portfolio. January Finalized the separation of PPG’s former commodity June chemicals business. Opened a new electronic materials group manufacturing cell at PPG’s Springdale, Pa., facility, positioning PPG in the fast-growing global electronics market for conductive inks and coatings. April Opened a new automotive OEM coatings development and application center in Tianjin, China. Completed the acquisition of the North American architectural coatings business of AkzoNobel. 2 2013 PPG Annual Report and Form 10-K Reached an agreement to July divest PPG’s 51 percent ownership interest in the Transitions Optical joint venture and PPG’s sun lens business. Inaugurated a new The transaction is expected to manufacturing facility
Load more

Recommended publications
  • 2017 Annual Report
    2017 Annual Report The PPG Logo and Colorful Communities are registered trademarks and PPG Science Pavilion and We protect and beautify the world are trademarks of PPG Industries Ohio, Inc. Fortune is a registered trademark of Time, Inc. Forbes is a registered trademark of Forbes, LLC. Corporate Equality Index is a registered trademark of Human Rights Campaign Foundation Corporation. IndustryWeek is a registered trademark of Penton Media, Inc. The Wall Street Journal and Barron's are registered trademarks of Dow Jones. UniversalPHOLED is a registered trademark of Universal Display Corporation. ©2018 PPG Industries, Inc. All rights reserved. A Message from Our Chairman From hardtops to rooftops, Our Valued Shareholders, we’ve got you covered. Thanks to our employees and customers, PPG delivered a solid performance in 2017. As I travel to PPG facilities around the world, I am always impressed by our people and their focus on strengthening our company, serving our customers’ needs, and bringing life to our purpose and promise: We protect and beautify the world. Michael H. McGarry Chairman and Chief Executive Officer FINANCIAL This focus, which begins with the with more than $1.2 billion returned HIGHLIGHTS performance of our business, in 2017 through share repurchases was a key to our success in 2017. and dividends. We take great pride With the dedication of our 47,000 in having paid annual dividends for $ employees and the trust of our 118 consecutive years, including a 14.8B customers, we have continued 13 percent per-share increase last Net sales, up more than to strengthen our position as a July that marked 46 consecutive 3 percent versus 2016 global leader in the paint and years of increased per share coatings industry.
    [Show full text]
  • Corporate Sustainability Report Update a Message from the Chairman I Am Pleased to Present the 2009 Update to PPG’S Corporate Sustainability Report
    2009 Corporate Sustainability Report Update A Message From the Chairman I am pleased to present the 2009 update to PPG’s Corporate Sustainability Report. Last year, we published our first sustainability report, covering activities in 2008. At that time, we announced our intention to produce a full report every two years, issuing an update in intervening years to summarize new data and developments. This is the first of these updates, reflecting new activities and information for 2009. As an update to our inaugural Corporate Sustainability Report, it is designed to be read in conjunction with the original report. While 2009 clearly posed challenges for our businesses in terms of difficult economic conditions, I believe that PPG’s performance was admirable under the circumstances. Of equal As I said in my first letter, over the course of our more than importance, however, the economy did not detract from or 125-year history, PPG has grown and thrived by making sound deter our efforts toward driving the concepts of sustainability business decisions, and we are no stranger to the concepts throughout everything we do at PPG. of sustainable business practices. Moreover, we hope that the issuance of these reports and updates encourages our In this update, you’ll read about how our business portfolio stakeholders to engage in a dialogue with our company continues to evolve; how we managed through the recent that results in improved performance and greater mutual recession; new environmentally-beneficial products we understanding. introduced in 2009; our progress toward our environmental, health and safety goals; new philanthropic initiatives; awards and recognition we’ve received, and more.
    [Show full text]
  • 2020 Annual Report
    2020 Annual Report Some photos taken prior to the start of the COVID-19 pandemic. A Message from Our Chairman Dear Shareholders, We generated more than $2.1 billion of cash from operations, which is a record, and we For all of us, 2020 was a year of significant continue to have excellent financial flexibility challenges and many sacrifices. We have with cash and short-term investments of learned to adapt through a global pandemic, about $1.9 billion at year-end. We also respond to an uncertain economic continued our legacy of returning cash environment, meet the changing needs to shareholders, with about $500 million of our customers, help support our returned in 2020 through dividends, communities, and confront social equality including an annual per share dividend and injustice. increase for the 49th consecutive year. Despite these challenges, I am extremely Our capital-light structure enabled us to proud of how our 47,000 employees sustain long-term investments, despite the came together as One PPG. Thanks to challenging economic environment in 2020. the dedication of our people, we’ve seen We continued to invest in mobility and digital countless, extraordinary examples of efforts initiatives that will pay significant dividends to keep our operations running. Today, PPG in the years ahead. We launched new passive remains steadfast in our commitment to fire protection coatings for the inside of develop innovative products and sustainable battery casings for electric vehicles and Our focus on the future solutions that create value for our customers thermal gap fillers, delivering initial wins in and our shareholders – growing sales I strongly believe that we are well-positioned the automotive market beyond our traditional as a company for the coming year and beyond.
    [Show full text]
  • Investor Comex Deep Dive
    Investor Comex Deep Dive June 18th 2015 These matters within the meaning of difficulties in integrating acquired considered to be a complete PPG Comex Section 27A of the Securities Act of businesses and achieving expected statement of all potential risks and 1933, as amended, and Section 21E synergies there from, economic and uncertainties. Unlisted factors may Important Notice of the Securities Exchange Act of political conditions in international present significant additional 1934, as amended, involve risks and markets, the ability to penetrate obstacles to the realization of Forward-Looking Statements uncertainties that may affect PPG’s existing, developing and emerging forward-looking statements. operations, as discussed in PPG’s foreign and domestic markets, Consequences of material differences Statements contained herein relating to filings with the Securities and foreign exchange rates and in results compared with those matters that are not historical facts are Exchange Commission pursuant to fluctuations in such rates, anticipated in the forward-looking forward-looking statements reflecting PPG’s Sections 13(a), 13(c) or 15(d) of the fluctuations in tax rates, the impact statements could include, among Exchange Act, and the rules and of future legislation, the impact of other things, lower sales or earnings, current view with respect to future events regulations promulgated there under. environmental regulations, business disruption, operational and financial performance. Accordingly, many factors could cause unexpected business disruptions, and problems, financial loss, legal liability actual results to differ materially from the unpredictability of existing and to third parties and similar risks, any the forward-looking statements possible future litigation, including of which could have a material contained herein.
    [Show full text]
  • Ppg 2014 Def
    PPG Industries, Inc. One PPG Place Pittsburgh, Pennsylvania 15272 March 6, 2014 Dear Shareholder: You are cordially invited to attend the 2014 Annual Meeting of Shareholders of PPG Industries, Inc. to be held on Thursday, April 17, 2014, at the Fairmont Pittsburgh, Grand Ballroom, 510 Market Street, Pittsburgh, Pennsylvania 15222. The meeting will begin at 11:00 a.m., Eastern Time. The following pages contain the formal Notice of Annual Meeting and Proxy Statement. Please review this material for information concerning the business to be conducted at the meeting, including the nominees for election as directors. We are furnishing our Proxy Statement and other proxy materials to our shareholders over the Internet. The “General Matters” section of the Proxy Statement contains instructions on how you can receive a paper copy of the Proxy Statement and the 2013 Annual Report. Your vote is important. Whether you plan to attend the meeting in person or not, we hope you will vote your shares as soon as possible. Please vote via the Internet or telephone, or by paper proxy card or vote instruction form. This will ensure representation of your shares if you are unable to attend the meeting. We look forward to greeting personally those shareholders who will be present in person. Sincerely yours, Charles E. Bunch Chairman of the Board and Chief Executive Officer PPG INDUSTRIES, INC. One PPG Place, Pittsburgh, Pennsylvania 15272 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 17, 2014 Dear Shareholder: We will hold the 2014 Annual Meeting of Shareholders of PPG Industries, Inc.
    [Show full text]
  • PPG Corporate Sustainability Report Update a Message from the Chairman
    2011 PPG Corporate Sustainability Report Update A Message From the Chairman am pleased to present the 2011 Update to From an economic perspective PPG delivered I PPG’s Corporate Sustainability Report. This record full-year earnings per share of $6.87 in 2011. document provides updates to our 2010 Corporate This represents an increase of 48 percent over 2010 Sustainability Report and is designed to be read in and easily established a new record for the company. conjunction with that report. This strong performance was achieved despite global 2011 was an excellent year for PPG by nearly every growth rates that were uneven by region and varied by measure. True to our “Blueprint” values, we made industry. More importantly, these results demonstrate progress on many of our ethics; environment, health that our mission to continue to be the world’s leading and safety; and community engagement programs. In coatings and specialty products company, supported 2011, we revised our Global Code of Ethics to make by our strategic initiatives to pursue profitable growth it even stronger. For the second consecutive year, and drive operational excellence, is clearly yielding we reduced our significant spill and release rate and results. maintained our low level of injuries and illnesses across In this update, you’ll read about how our businesses the corporation. And, we expanded our community are performing; new “green” products we’ve and social responsibility initiatives on a global scale. introduced this year to help our customers solve some of their technical challenges; our progress toward environmental, health and safety goals; and our new efforts to support PPG communities on a global level.
    [Show full text]
  • PPG Corporate Sustainability Report
    2012 PPG CORPORATE SUSTAINABILITY REPORT Bringing innovation to the surface.™ LETTER FROM THE CHAIRMAN his year marks PPG’s 130th in business. Since our earliest commitment and provide our global employees with the framework T days, sustainable business practices have been embedded to continue to drive environmental stewardship at PPG facilities. in our culture and strategy. Today, our global growth and expansion They also further empower our employees to create safer and continue to be supported by a belief that these practices are not healthier workplaces. 2 only the right things to do, but that they also give PPG and our 0 customers competitive advantages. The launch of our new sustainability vision, values and goals follows 1 more than a year of in-depth internal and external analysis to 2 During the last decade, PPG has transformed itself from a diversified, determine what is most meaningful and impactful to PPG and our multibusiness manufacturer to being the world’s leading coatings stakeholders. These tenets are directly linked to PPG’s core vision P P and specialty products company. In early 2013, PPG completed and values, thereby supporting the sustainability of our enterprise. G two strategic actions first announced in 2012 that have significantly In 2013, we intend to expand and enhance accelerated our transformation. First, we finalized the separation the ways in which we engage employees in I of our former commodity chemicals business and its subsequent innovative programs to achieve our goals. n merger with Georgia Gulf to create Axiall Corporation. Second, we d expanded our architectural coatings portfolio with the acquisition of Metrics in this report include data from our u AkzoNobel’s North American architectural coatings business.
    [Show full text]
  • PPG Annual Report and Form 10-K
    2012 PPG Annual Report and Form 10-K PPG Industries One PPG Place Pittsburgh, PA 15272 USA +1-412-434-3131 www.ppg.com LinkedIn: linkedin.com/company/ppg-industries Facebook: facebook.com/ppgindustries Twitter: twitter.com/ppgindustries This annual report is printed on paper that is FSC-certified, contains 30% post-consumer Bringing innovation recovered fiber and is manufactured with ™ electricity in the form of renewable energy. AR-CORP-0213-ENG-20K to the surface. Company Profile Letter from the Chairman Performance Coatings PPG Industries’ vision is to continue to be the AEROSPACE. Leading manufacturer of transparencies, sealants, and coatings, and provider of electrochromic window systems, surface solutions, packaging, and chemical management world’s leading coatings and specialty products services, delivering new technologies and solutions to airframe manufacturers, airlines and In 2012, PPG Industries achieved record results and took to aggressively manage our businesses and costs, and we will company. Through leadership in innovation, maintenance providers for the commercial, military and general aviation industries globally. several significant strategic actions that accelerated the maintain a focus on opportunities for margin improvement and Also supplies transparent armor for military vehicles, buildings and rail. pace of our business portfolio transformation. profitable growth. sustainability and color, PPG helps customers in ARCHITECTURAL COATINGS – AMERICAS AND ASIA PACIFIC. Produces paints, stains industrial, transportation, consumer products, and and specialty coatings for the commercial, maintenance and residential markets under First, PPG achieved new adjusted earnings-per-share records in Effective execution of our strategies will be key to our 2013 growth construction markets and aftermarkets to enhance brands such as PPG, PPG Pittsburgh Paints™, PPG Porter Paints™, Master’s Mark®, Renner®, Lucite®, Olympic®, Taubmans® and Ivy®.
    [Show full text]
  • PPG Industries 2016 Annual Report
    2016 Annual Report The PPG Logo is a registered trademark and Colorful Communities, PPG Paints Arena and We protect and beautify the world are trademarks of PPG Industries Ohio, Inc. Comex is a registered trademark of Consorcio Comex, S.A. de C.V. Pittsburgh Penguins is a registered trademark of Pittsburgh Penguins, L.P. ©2017 PPG Industries, Inc. All rights reserved. 2016 Colorful Communities Initiative Our Valued PPG Shareholders, + PPG had a successful year in 2016, despite a more 40 20 PROJECTS COUNTRIES challenging global economic environment and growing geopolitical uncertainty in many of the regions where we operate. Thanks to our customers and employees, we were able to continue to strengthen our paint and coatings business around the world. 17,415 Highlighting our financial We also completed several strategic In addition, our employees continue VOLUNTEER HOURS performance, we: actions to make PPG stronger and to develop ways to improve the way more resilient in the future. These we operate. Last year, nearly 200 3,430 • Reported net income from included: projects were recognized through our VOLUNTEERS continuing operations of $564 internal sustainability awards initiative. million, or $2.11 per diluted share. • The completion of four acquisitions, We estimate that our sustainability increasing our geographic and and ergonomic-related improvement • Reported adjusted earnings per product scope: MetoKote (U.S. projects in 2016 saved more than diluted share from continuing coatings services), Univer (Italy $30 million. operations of $5.82. architectural coatings), Deutek (Romania architectural coatings, In our communities, PPG volunteers • Achieved 7 percent adjusted closed in January, 2017) and Futian led more than 40 COLORFUL earnings per diluted share growth.
    [Show full text]
  • PPG Industries Annual Report 2020
    PPG Industries Annual Report 2020 Form 10-K (NYSE:PPG) Published: February 20th, 2020 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-1687 PPG INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-0730780 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One PPG Place Pittsburgh Pennsylvania 15272 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code: 412 434-3131 Securities Registered Pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class Trading Symbol(s) which registered Common Stock – Par Value $1.66 2/3 PPG New York Stock Exchange 0.875% Notes due 2022 PPG 22 New York Stock Exchange 0.875% Notes due 2025 PPG 25 New York Stock Exchange 1.400% Notes due 2027 PPG 27 New York Stock Exchange Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. Yes ☐ No ☒ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.
    [Show full text]
  • 2020 Annual Report & Form 10-K
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number 1-1687 PPG INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Pennsylvania 25-0730780 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One PPG Place Pittsburgh Pennsylvania 15272 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code: 412 434-3131 Securities Registered Pursuant to Section 12(b) of the Act: Name of each exchange on Title of each class Trading Symbol(s) which registered Common Stock – Par Value $1.66 2/3 PPG New York Stock Exchange 0.875% Notes due 2022 PPG 22 New York Stock Exchange 0.875% Notes due 2025 PPG 25 New York Stock Exchange 1.400% Notes due 2027 PPG 27 New York Stock Exchange Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act. Yes ☐ No ☒ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • PPG Corporate Sustainability Report a Message from the Chairman
    2010 PPG Corporate Sustainability Report A Message From the Chairman . 1 Business Performance . 16 Contents Company Profile . 2 Energy & the Environment . 20 Stakeholder Engagement . 4 Employees & the Workplace . 34 Leadership, Innovation & Sustainability . 6 Community Involvement & Social Performance . 42 Ethics & Compliance . 8 Awards & Recognition . .. 50 Corporate Governance . 10 Boundary & Scope of Report, GRI Index . 54 2010 PPG CORPORATE SUSTAINABILITY REPORT A Message From the Chairman hen I think about sustainability at PPG, two It is my belief that, over the next several years, W thoughts come to mind . First, in many ways we will be able to leverage these opportunities and what PPG is doing in terms of sustainability is new . We overcome this obstacle . are taking advantage of new technologies and new When PPG published its first sustainability report in capabilities, and we are bringing a new emphasis 2008, we stated our intent to issue a full report every and management structure to bear on achieving our two years and updates in intervening years . Now, goals . On the other hand, sustainability is business in this second full report, you will not only read the as usual at PPG . An underlying principle for the facts and figures that represent the measurement company since its founding in 1883, a commitment of our efforts over the past two years, but you’ll also to sustainability has been crucial to our long-term see specific examples of how we have elevated our success, and we have grown and thrived by making approach and challenged ourselves to grow in a sound business decisions with profit, people and sustainable way .
    [Show full text]