PITTSBURGH - PPG announced that it has acquired certain assets of automotive refinish coatings company Futian Xinshi (Futian).
With approximate sales of $15 million in 2016, Futian is a privately owned company based in the Guangdong province of China. Futian distributes its products in China through a network of more than 200 distributors. PPG will acquire Futian’s trademarks, product technology and customer list.