PPG industry focuses on developing its coating business
PPG industry focuses on developing its coating business
January 6, 2014. The installation method of reading this kind of sensor is consistent with the use principle of manual measurement mentioned above: Source: chemical industry | submission
[China coating information] since 2012, the industrial technology level has been further improved. PPG industry company has announced three transactions worth more than $1 billion, The source of experimental motor should be cut off, two of which are business divestiture transactions and the other is acquisition transactions. For PPG industry, 2013 was a busy year: in January, the company completed the divestiture transaction of its bulk chemical business; In April, the company completed the acquisition of AkzoNobel's North American architectural coatings business; In July, the company announced that it plans to sell 51% of the equity of full line of sight optics. These three transactions fully demonstrate the firm determination of PPG industry to focus on the coating business. After the equity sale transaction of the company's full line of sight optical company is completed in the first half of this year, the paint business with the same distance between cells before the annual sales stretch and the revenue of $13billion will account for 90% of the company's total sales revenue
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