The milestone – reached at the beginning of the year – is the latest in AkzoNobel’s ongoing efforts to transition to 100% renewable electricity at all its sites globally.
President and CEO, Tim Knavish, commented that PPG made good progress on its focus to achieve full operating margin recovery, as year-over-year earnings improved in both segments despite more acute pandemic-related demand disruptions in China.
Each of the five product ranges developed within the Resicoat EV range has been specifically innovated to enhance the safety and performance of EV batteries and components.
The RTS powder coatings portfolio is a range of products that are in stock and readily available to be shipped, often the same day. And crucially for coaters, the powder coatings can be ordered in quantities of almost any size, from just a single box, to cut down on waste and ensure what’s ordered gets used.
JUST ranks the largest publicly traded U.S. companies on the companies’ performance in the following five categories: treatment of workers, communities, customers, shareholders/governance, and environment. PPG has been included on this list since 2018.
The company has completed a strategic review of its production footprint in Germany. As a result of this review, Teknos has decided not to proceed with a new factory in Steinau an der Straße, Germany, and plans to cease operations in Fulda, Germany.
The new managing director will lead the strategic direction across a diverse portfolio, including coil and extrusion coatings, packaging coatings, wood finishes, and wood adhesives.