PPG Discusses Successful Performance, Strategy and Outlook
PITTSBURGH -- During PPG Industries' 2011 capital markets day in New York City, Chairman and CEO Charles E. Bunch and other senior leaders discussed PPG's transformation into a leading global coatings and specialty products company with strong and growing positions in all major geographic regions. They highlighted the company's progress that has led to recent excellent financial performance and explained strategies for future success, including organic growth, innovation, cost and supply chain management, as well as continuing disciplined cash deployment.
Bunch said that PPG's sales in coatings and specialty products have more than doubled since 2001 and now account for more than 80 percent of total company revenues. In addition, he said PPG's overall sales in emerging regions have grown to account for about 26 percent of the company's portfolio.