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The reason for the claim is alleged damages amounting up to €1 billion in relation to infringements of competition law on the ethylene purchasing market.

Tim Knavish, PPG Chairman and Chief Executive Officer, commented on the quarter, saying, “ We achieved record third-quarter net sales and adjusted earnings per share aided by the breadth and resiliency of our business portfolio."

The company has invested in a new extension of the Yacht Paint Application Center (YPAC) located in Southampton, U.K., to provide new innovative products, applications and techniques to professional and DIY applicators.

A new atomizer from Durr boasts efficiency of up to 98% while saving significant amounts of paint and rinsing agent in the process.

When including the biogenic CO₂ uptake absorbed by the renewable raw materials used, the product has a negative carbon footprint cradle to Perstorp gate.

PPG divested to Geveko Markings, a pavement markings specialist headquartered in Sweden. Financial terms of the agreement were not disclosed.

Available with air or electric operation, from ¾ to 4 HP, models are configured for vigorous agitation in low viscosities or medium agitation for heavier bodied liquids.

The new TEGO Rad 2330 is designed for use in a wide range of inks and varnish applications as well as clear and pigmented wood coatings. 

The investment adds about 400,000 metric tons per year to BASF's production capacity for these products.

The company said rising concerns about the impact of PFAS on human health and the environment have led to a growing demand for PTFE alternatives.