PPG Announces Global Price Increase, Updates Earnings Guidance
Image courtesy of PPG.
PPG announced a global price increase of up to 20% across its paints, coatings and specialty products portfolio as it responds to rising costs across the value chain.
The increases are being implemented on a customer-by-customer basis or as contracts allow. The company said recent volatility in petrochemical, energy and transportation markets has driven higher costs for raw materials, logistics, energy and packaging.
PPG indicated that certain product categories, technologies and regions may require higher adjustments to offset cost inflation, and additional increases may follow depending on market conditions.
The company said the pricing actions are intended to maintain continuity of supply and service for customers worldwide.
In a separate update, PPG reported preliminary first-quarter 2026 adjusted earnings per share of $1.83, an increase of 6% compared to the prior-year period. The company cited organic sales growth, positive pricing and performance in architectural coatings Latin America and aerospace segments.
PPG expects second-quarter organic sales and adjusted earnings per share to be flat to up low single digits compared to the prior year.
The company will release full first-quarter financial results April 28, followed by an earnings call April 29.
Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!
