PPG Industries Inc (NYSE:PPG)

PPG Industries, Inc. manufactures protective and decorative coatings, flat glass, and glass products. It operates through six reportable business segments: Performance Coatings, Industrial Coatings, Architectural Coatings-EMEA (Europe, Middle East and Africa), Optical and Specialty Materials, Commodity Chemicals, and Glass. The Performance Coatings, Industrial Coatings, and Architectural Coatings-EMEA segments supply coatings for customers in a wide array of end use markets, including industrial equipment, appliances and packaging; factory-finished aluminum extrusions and steel and aluminum coils; marine and aircraft equipment; automotive original equipment; and other industrial and consumer products. In addition to supplying coatings to the automotive original equipment market, it supplies refinishes to the automotive aftermarket. The company also serves commercial and residential new build and maintenance markets by supplying coatings to painting and maintenance contractors and directly to consumers for decoration and maintenance. The Performance Coatings segment is comprised of the refinish, aerospace, protective and marine coatings, and architectural coatings businesses. The Industrial Coatings segment is comprised of the automotive original equipment market, industrial and packaging coatings businesses. The Aerospace Coatings business supplies sealants, coatings, technical cleaners, and transparencies for commercial, military, and regional jets; general aviation aircrafts; and military land vehicles. The Protective and Marine Coatings business supplies coatings and finishes to protect metals and structures, like ships, bridges, rail cars, and shipping containers. The Architectural Coatings-Americas and Asia Pacific business primarily produces coatings used by painting and maintenance contractors, as well as consumers for decoration and maintenance of residential and commercial building structures. The Optical and Specialty Materials segment is comprised of the optical products and silicas businesses. It offers many products, including Transitions lenses, optical lens materials, and high performance sunlenses; amorphous precipitated silicas for tire, battery separator, and other end-use markets; and Teslin substrate, which is used in such applications as radio frequency identification, tags and labels, e-passports, drivers' licenses, and identification cards. The Commodity Chemicals segment produces chlor-alkali and derivative products, which include chlorine, caustic soda, vinyl chloride monomer, chlorinated solvents, calcium hypochlorite, ethylene dichloride, hydrochloric acid, and phosgene derivatives. The Glass segment is comprised of the flat glass and fiber glass businesses. The company was founded by John B. Ford and John A. Pitcairn in 1883 and is headquartered in Pittsburgh, PA.