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Reportedly, consolidated net sales increased 1.1% in the quarter to $6.12 billion. All comparisons are to the third-quarter of the prior year, unless otherwise noted.
This facility will reportedly enable its team of technical specialists to drive innovation and push the boundaries through formulating and testing coatings and cementitious systems for its customers.
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.
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