2. AT A GLANCE
PPG Industries’ vision is to continue
BUSINESS SEGMENTS
STRATEGIC BUSINESS UNITS
PERFORMANCE COATINGS
• Aerospace
&
to be the world’s leading coatings and • Architectural Coatings Americas and Asia/Pacific
specialty products company. • Automotive Refinish
• Protective and Marine Coatings
Founded in 1883, the company serves
customers in industrial, transportation, INDUSTRIAL COATINGS
consumer products, and construction • Automotive Coatings
• Industrial Coatings
markets and aftermarkets.
• Packaging Coatings
With global headquarters in Pittsburgh,
ARCHITECTURAL COATINGS – EMEA
Pa., USA, PPG operates in more than • Architectural Coatings – EMEA (Europe, Middle East and Africa)
60 countries around the globe.
OPTICAL AND SPECIALTY MATERIALS
• Optical Products
• Silicas
HEADQUARTERS
COMMODITY CHEMICALS
GLOBAL • Chlor-Alkali and Derivatives
PPG Industries, Inc.
One PPG Place GLASS
Pittsburgh, PA 15272 USA • Fiber Glass
412.434.3131 • Performance Glazings
EUROPE, MIDDLE EAST AND AFRICA
PPG Industries Europe Sàrl
Route de Gilly 32 2009 SEGMENT NET SALES
1180 Rolle – SWITZERLAND
41.21.822.3000
ASIA/PACIFIC Performance Coatings (34%)
PPG Industries International, Inc. Industrial Coatings (25%)
Suites 1010-1015, 10/F, Cityplaza One Architectural Coatings – EMEA (16%)
1111 King’s Road Optical and Specialty Materials (8%)
Taikoo Shing – HONG KONG Commodity Chemicals (10%)
852.2861.0918
Glass (7%)
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3. HISTORY 2009 REVIEW
PPG Industries was founded in 1883 when Capt. John B. Ford and John Net Sales $ 12.2 billion
Pitcairn started the first commercially successful plate glass factory in the Net Income $ 336 million
United States at Creighton, Pa. Known as the Pittsburgh Plate Glass Co., the Earnings per Share(1) $ 2.03
enterprise focused on innovation and quality … and more than 125 years Average Shares Outstanding(1) 165.5 million
later, PPG Industries is still dedicated to these priorities. Employees (2009 average) 39,900
During the company’s first decade, its flat glass production expanded Capital Spending(2) $ 265 million
Research and Development – net $ 388 million
rapidly through new facilities and acquisitions. In 1899, the business
diversified with the construction of an alkali plant in Barberton, Ohio, to
supply raw materials for glassmaking – the precursor to PPG’s chemicals A SSETS, S ALES & E ARNINGS BY B USINESS S EGMENT (millions)
businesses. A year later, PPG started building its coatings business by Segment
Assets Sales Income
acquiring an interest in Wisconsin-based Patton Paint Co. Glass and paint Performance Coatings $ 4,003 $ 4,095 $ 551
provided continued growth in the 1920s, as the automotive industry and Industrial Coatings 2,592 3,068 159
skyscraper construction expanded. Architectural Coatings – EMEA 2,987 1,952 128
In the early 1940s PPG entered the optical products business with the Optical and Specialty Materials 576 1,002 235
introduction of CR-39® optical monomer. This material still is used widely in Commodity Chemicals 564 1,273 152
prescription lenses, along with the company’s array of other lens materials. Glass 846 849 (39)
In 1952, recognizing the potential of another type of glass product, PPG Corporate 2,672(3) — —
established its fiber glass business. Total $14,240 $ 12,239 $ 1,186
As a result of its diversification, growth and increasingly global presence,
the company changed its name to PPG Industries in 1968. In the ensuing Corporate unallocated (107)
decades PPG emphasized innovation, developing specialty products, Legacy items(4) (63)
increasing process efficiency and accelerating its worldwide expansion. Business restructuring (186)
In January 2008, PPG completed its largest acquisition ever – of Asbestos settlement – net (13)
SigmaKalon Group, previously based in Uithoorn, Netherlands. SigmaKalon Interest expense, net of interest income (166)
brought strong architectural paint, protective and marine coatings, and Unallocated stock-based compensation (34)
industrial coatings businesses, and it greatly expanded PPG’s footprint in Income before income taxes and minority interest $617
Western and Eastern Europe, Asia, and Africa. The acquisition made PPG
(1) Assumes dilution.
the second-largest global coatings company. (2) Including business acquisitions.
Today PPG is a global supplier of paints, coatings, optical products, (3) Principally cash and cash equivalents, cash held in escrow, deferred tax assets and the
approximately 40-percent investment in the former automotive glass and services business.
specialty materials, chemicals, glass and fiber glass. Its products include (4) Legacy items include current costs related to former operations of the company, including
well-known brands such as Pittsburgh®, Lucite® and Olympic® Paints in certain environmental remediation, pension and other postretirement benefit costs and certain
charges considered to be unusual or nonrecurring. Legacy items also include equity earnings
North America and Sigma Coatings®, Seigneurie®, Dekoral®, Primalex®, (loss) from PPG’s approximately 40-percent investment in the former automotive glass and
Univer®, Johnstone’s® and Master’s Mark® paints in other regions. Coatings services business.
by PPG protect airplanes, golf balls, circuit boards, packaging, appliances,
flooring, automobiles, bridges and buildings. PPG’s chemicals help purify ASSETS, SALES & EARNINGS BY GEOGRAPHIC SEGMENT (millions)
water, and its optical and specialty materials go into high-performance Segment
Property – net Sales Income
lenses as well as applications ranging from electronic passports to “green”
United States $ 1,294 $ 5,113 $ 623
car tires. Windows in houses and office towers, and windshields in aircraft, Other Americas 113 867 61
use PPG glass. EMEA 997 4,458 263
Having celebrated its 125th anniversary in 2008, PPG still holds true to Asia/Pacific 350 1,801 239
the spirit of Ford and Pitcairn, continuing to offer innovative solutions.
Total $ 2,754 $ 12,239 $ 1,186
CR-39, Dekoral, Johnstone’s, Lucite, Master’s Mark, Olympic, Pittsburgh, Primalex, Seigneurie, Sigma
Coatings and Univer are trademarks of PPG Industries. Transitions is a trademark of Transitions Optical, Inc.
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4. MANUFACTURING LOCATIONS ARGENTINA CHILE
Includes subsidiaries, joint ventures and minority affiliates. PPG’s percentage
of equity in those not wholly owned is shown in parentheses. Coatings Coatings
PPG Industries Argentina S.A. PPG Industries Chile S.A.
Pilar Santiago
UNITED STATES AUSTRALIA CHINA
Coatings Coatings
Coatings Glass
PPG Industries Australia PTY Ltd. PPG Coatings (Guangzhou) Co.,
Adrian, Mich. Allentown, Pa.
Clayton, Vic. Ltd.
Arvada, Colo. Burlington, Iowa
Sydney, N.S.W. Guangzhou
Batavia, Ill. Carlisle, Pa.
Protec PTY Ltd. PPG Coatings (Kunshan) Co., Ltd.
Circleville, Ohio Fresno, Calif.
Gilman, S.A. Kunshan
Cleveland, Ohio Mount Zion, Ill.
PPG Coatings (Suzhou) Co. Ltd.
Delaware, Ohio Salem, Ore. BELGIUM Suzhou
Dover, Del. Wichita Falls, Texas
PPG Coatings (Tianjin) Co., Ltd.
East Point, Ga. Coatings
Fiber Glass Tianjin
Euclid, Ohio PPG Coatings BVBA/SPRL
Chester, S.C. PPG Coatings (Wuhu) Co., Ltd.
Greensboro, N.C. Deurne
Lexington, N.C. Wuhu
Houston, Texas
Shelby, N.C. BRAZIL PPG Coatings (Zhangjiagang) Co.,
Huntsville, Ala.
Ltd.
Little Rock, Ark. Coatings
PPG-Devold LLC (50%) Zhangjiagang
Louisville, Ky. PPG Industrial do Brasil –
Shelby, N.C. PPG Packaging Coatings (Suzhou)
Mojave, Calif. Tintas E Vernizes – Ltda. Co., Ltd. (90.4%)
Mount Vernon, Ill. Chemicals Cajamar Suzhou
Oak Creek, Wis. Barberton, Ohio Gravatai SigmaKalon (Shanghai) Co. Ltd.
Reno, Nev. Lake Charles, La. Sumaré Malou
Springdale, Pa. La Porte, Texas
Chemicals SigmaKalon IVY (Shanghai)
Strongsville, Ohio Natrium, W.Va.
Transitions Optical do Brasil Chemicals Co. Ltd.
Sylmar, Calif.
Limitada (51%) Songjiang
Watertown, Conn. PHH Monomers, L.L.C. (50%)
Lake Charles, La. Sumaré Fiber Glass
PFG Fiber Glass (Kunshan) Co.,
RS Cogen, L.L.C. (50%) CAMEROON Ltd. (50%)
Lake Charles, La. Coatings Kunshan
Compagnie Equatoriale PPG Sinoma Jinjing Fiber Glass
Transitions Optical, Inc. (51%) des Peintures S.A. (51.44%) Co. Ltd. (50%)
Pinellas Park, Fla. Douala Zibo
CANADA CZECH REPUBLIC
Coatings Coatings
Chemfil Canada Ltd. (50%) Primalex a.s.
Windsor, Ont. Brasy
PPG Canada Inc.
Winnipeg, Man. EGYPT
Chemicals Coatings
PPG Canada Inc. Sigma Paints Egypt Ltd. (63.2%)
Beauharnois, Que. Cairo
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5. FRANCE INDONESIA NETHERLANDS SOUTH AFRICA
Coatings Coatings Coatings Coatings
PPG AC – France S.A. PT. PPG Coatings Indonesia PPG Coatings B.V. Prominent Paints Proprietary Ltd.
Genlis Jakarta Tiel Alberton
Moreuil PPG Coatings Nederland B.V.
Ruitz IRELAND Amsterdam SOUTH KOREA
PPG Coatings SA Den Bosch
Chemicals Coatings
Gonfreville Uithoorn
Transitions Optical Ltd. (51%) PPG Industries (Korea) Ltd.
PPG France Manufacturing S.A.S. PPG Industrial Coatings B.V.
Tuam Busan
Saultain Veenendaal
Cheonan
ITALY Fiber Glass Sigma Samsung Coatings Co.,
FRENCH OVERSEAS Ltd. (60%)
Coatings PPG Industries Fiber Glass B.V.
Coatings Ampaspace Srl (80%) Hoogezand Ulsan
La Seigneurie Caraibes
Casaletto Vaprio Chemicals
Les Abymes, Guadeloupe
Bellaria S.p.A.
SPAIN
La Seigneurie Martinique PPG Industries Chemicals B.V.
Felizzano Delfzijl Coatings
Fort de France, Martinique
PPG Industries Italia S.p.A. PPG Iberica, S.A.
La Seigneurie Ocean Indien (51%)
Caivano NEW ZEALAND Rubi
Sainte Clotilde, Reunion Island
Milan Valencia
La Seigneurie Pacifique (51%) Coatings
Quattordio Valladolid
Noumea, New Caledonia PPG Industries New Zealand Ltd.
PPG Univer S.p.A. (50%)
Cavallirrio Auckland SURINAME
GABON
Chemicals PHILIPPINES Coatings
Coatings Varrosieau Suriname N.V.
Intercast Europe S.r.l.
Gabonaise de Peintures Chemicals
Parma (51.01%)
et Laques (51.19%) Transitions Optical Philippines, Paramaribo
Libreville Inc. (51%)
IVORY COAST
Laguna SWITZERLAND
GERMANY Coatings
Ivorienne de Peintures POLAND Coatings
Coatings PPG Dr Schoch AG
et Laques (85%)
PPG Coatings Deutschland GmbH Coatings
Abidjan Burgdorf
Bochum PPG Polifarb Cieszyn S.A.
PPG Industries Lackfabrik GmbH Cieszyn TAIWAN
MALAYSIA
Bodelshausen PPG Deco Polska Sp. z o.o.
Weingarten Coatings Wroclaw Coatings
Wuppertal PPG Coatings (Malaysia) Sdn. Bhd. PPG Industries International, Inc.
Petaling Jaya, Selangor SENEGAL (Taiwan Branch)
HUNGARY PPG Performance Coatings Kaohsiung
Coatings
(Malaysia) Sdn. Bhd.
Coatings La Seigneurie Afrique (99.97%) Fiber Glass
Shah Alam, Selangor
Trilak Festekgyarto Korlatolt Dakar PFG Fiber Glass Corp. (50%)
Felelossegu Tarsasag Chia Yi
MEXICO
Budapest SLOVAKIA Chemicals
Coatings
Coatings Taiwan Chlorine Industries
INDIA PPG Industries de Mexico,
PRIMALEX SLOVAKIA, s.r.o. Ltd. (60%)
S.A. de C.V.
Coatings Dolny Kubin Kaohsiung
San Juan del Rio
Asian PPG Industries Ltd. (50%)
Mumbai
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6. THAILAND PRINCIPAL RESEARCH & CORPORATE SUSTAINABILITY
Coatings DEVELOPMENT
PPG Coatings (Thailand) Co. Ltd. FACILITIES For more than 125 years, PPG Industries has grown and thrived by making
Bangplee sound business decisions. With the intent of ensuring the company’s long-
Coatings term viability and success, these decisions have been made with the best
Chemicals Allison Park, Pa., U.S.A. interests of people, profitability and the planet in mind.
Solarlens Co., Ltd. Amsterdam, Netherlands
Bang Pa-In Springdale, Pa., U.S.A.
Sustainability is first and foremost about being a successful business. We
Lat Krabang Glass do what we do in order to ensure the success and lasting presence of our
Transitions Optical (Thailand) Harmar, Pa., U.S.A. company for the benefit of our customers, our suppliers, our shareholders,
Ltd. (51%)
Fiber Glass our employees and our neighbors. But we also act in a way that helps to
Chonburi
Shelby, N.C., U.S.A. ensure the life and resilience of our economies, our environment, our
TURKEY world and our society. We believe that these two views of sustainability –
Chemicals sustaining PPG and sustaining the world – are not mutually exclusive.
Coatings Monroeville, Pa., U.S.A.
PPG Industries Kimya Sanayi
ve Ticaret Anonim Sirketi
Bursa
Charles E. Bunch
UNITED KINGDOM
PPG Chairman and Chief Executive Officer
Coatings
PPG Architectural Coatings UK
Ltd.
Birstall
Morley
PPG Industries (UK) Ltd.
Shildon
Stowmarket
Fiber Glass
PPG Industries (UK) Ltd.
Wigan
URUGUAY
Coatings COMMUNITY INVOLVEMENT
PPG Industries Uruguay S.A.
Montevideo Through the PPG Industries Foundation and various local giving and
volunteer programs, PPG Industries seeks to reflect company interests
and values by enhancing the quality of life in communities around the
world where its employees and their families live and work.
Since 1951, the PPG Industries Foundation has supported U.S.
educational and outreach programs, employee volunteerism and other
charitable efforts. In 2009, the foundation distributed grants totaling
$4.5 million. For details about how the foundation is building collaborative
relationships, broadening its scope and creating new opportunities for
tying PPG’s business to its communities, visit www.ppgfoundation.com.
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