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PPG Opens New China Headquarters in Shanghai to Facilitate Future Growth - PPG Industries (NYSE: PPG) announced that it has taken another step to continue its record of growth in the Asia/Pacific region by creating PPG Management (Shanghai) Co., Ltd
PPG Opens New China Headquarters in Shanghai to Facilitate Future Growth

 

PRZOOM - /newswire/ - Shanghai, China, 2011/06/08 - PPG Industries (NYSE: PPG) announced that it has taken another step to continue its record of growth in the Asia/Pacific region by creating PPG Management (Shanghai) Co., Ltd. NYSE: PPG

   
 
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The new company, located in Shanghai, opened June 1 and will act as business headquarters for PPG in China.

“China continues to experience rapid growth, and PPG’s new country headquarters in Shanghai will help facilitate our business growth through the consolidation of China business and functional leaders together in the new location,” said Viktor Sekmakas, PPG senior vice president, Industrial Coatings, and president, PPG Asia/Pacific. “The Asia/Pacific region is critical for PPG’s global growth plans. In fact, sales in Asia/Pacific exceeded $2 billion in 2010 and continue to account for a greater share of PPG’s total sales.”

PPG was one of few global chemical companies that first invested in China in the 1980s, according to Sekmakas. Today, PPG operates 14 manufacturing plants and two research and development centers throughout China. The company produces and sells a wide range of products in China such as paints and coatings, glass, fiber glass, optical products, and aerospace materials.

About PPG
PPG Industries’ vision is to continue to be the world’s leading coatings and specialty products company. Founded in 1883, the company serves customers in industrial, transportation, consumer products, and construction markets and aftermarkets. With headquarters in Pittsburgh, PPG (ppg.com) operates in more than 60 countries around the globe. Sales in 2010 were $13.4 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG).

Investors:
Vince Morales, PPG Investor Relations
P: 412-434-3740 / E: vmorales[.]ppg.com.

 
 
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Agency / Source: PPG Industries, Inc.

 
 

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PPG Opens New China Headquarters in Shanghai to Facilitate Future Growth

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PPG Industries, Inc. |
Contact: Hunter Lee - PPG China 
+86 22 6620 6102 hunterlee[.]ppg.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any PPG Industries, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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