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Strategic Milestones

Acquisitions, achievements and investments in 2022

In 2022, we achieved the following critical milestones aligned to our environmental, social and governance (ESG) and corporate strategic objectives.

January 5

PPG and The Home Depot, HD Supply expanded their relationship with the launch of a professional paint assortment at all U.S. locations.

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January 11

Announced $10 million investment to expand production of automotive OEM coatings at the Weingarten, Germany, facility.

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March 1

Announced commitments to employee diversity, equity and inclusion (DE&I) and unveiled first DE&I report.

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March 17

Opened new European Central Powder Coatings Research and Development (R&D) Center in Milan, Italy.

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April 1

Acquired the powder coatings manufacturing business of Arsonsisi, an industrial coatings company based in Milan, Italy.

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April 4

Installed the 1,000th PPG MOONWALK™ automated refinish paint mixing system, an innovation that saves labor, reduces waste and transforms the refinish mixing room into a cleaner and safer environment.

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April 28

Announced $17 million investment to build an aerospace application support center in Toulouse, France.

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May 9

Shareholders voted to replace the supermajority voting requirements, further modernizing PPG's governance.

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May 24

Committed to setting science-based targets to reduce greenhouse gas emissions in line with climate science through the Science Based Targets initiative (SBTi).

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June 16

Introduced the PPG ENVIROCRON LUM™ coating, which is the industry’s first commercial retroreflective powder coating. The patent-pending coating is engineered to help improve visibility and safety at night and during low-light conditions.

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August 1

Launched PPG INNOVEL® PRO, an enhanced internal spray coating that uses no bisphenol-A (BPA) or bisphenol starting substances and provides more robust application properties for infinitely recyclable aluminum beverage cans.

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August 23

Announced $9 million investment to expand an existing product line at our Temple, Texas, architectural coatings facility.

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August 23

Announced $11 million investment to double the production capacity of our powder coatings plant in San Juan del Rio, Mexico.

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September 19

Announced the impact results of PPG’s New Paint for a New Start initiative, part of our COLORFUL COMMUNITIES® program, transforming 36 schools globally with more than 1,000 employee volunteers and community partners.

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October 19

Named Tim Knavish PPG president and chief executive officer (CEO), effective Jan. 1, 2023.

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