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In the mid-1980s, Cipisa, a Spanish paint company was acquired and renamed PPG Ibérica and its CEO, Pere Nadal Carres, became CEO of PPG Ibérica. [citation needed] In 1990 PPG founded Transitions Optical as a joint venture with Essilor. [6] In October 2000, PPG Industries announced it had agreed to buy Courtaulds Aerospace for $512.5 million. [7]
PPG Industries announced an agreement to acquire Glidden from AkzoNobel for $1.05 billion on December 14, 2012. The transaction closed April 1, 2013. [ 1 ] Following the deal, PPG will be the second largest paint manufacturer in North America, behind Sherwin-Williams .
Automotive paint is paint used on automobiles for both protective and decorative purposes. [1] [2] Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact. Modern automobile paint is applied in several layers, with a total thickness of around 100 μm (0.1mm).
Duco was a trade name assigned to a product line of automotive lacquer developed by the DuPont Company in the 1920s. Under the Duco brand, DuPont introduced the first quick drying multi-color line of nitrocellulose lacquers made especially for the automotive industry. [1] It was also used in paintings by American artist Jackson Pollock.
In 1999 Herberts merged with DuPont Automotive Finishes, [7] a transport coating systems technology company that had been started in 1922 in Wilmington, Delaware, to form DPC. In 2012, the private equity firm The Carlyle Group announced its plans to purchase and discontinue DPC. [ 8 ]
"Congress’ complete disregard and inability to adequately provide assurance for producers is sure to make this a bleak holiday season for many farming families across the country.” Show ...