PPG Completes Acquisition of Remaining Interest in Chemfil Canada Joint Venture

PITTSBURGH--(BUSINESS WIRE)--

PPG Industries PPG announced today that it has completed its previously announced acquisition of the remaining interest in Chemfil Canada Limited, a joint venture of PPG and Madinal Enterprises. Financial terms were not disclosed.

The acquisition enhances PPG's pretreatment presence and capabilities in Canada. Chemfil Canada produces pretreatment products and general industrial chemicals for automotive original equipment manufacturers (OEMs) and industrial customers in Canada. The acquired products and services will be offered under the PPG name.

PPG: BRINGING INNOVATION TO THE SURFACE.™

PPG Industries' vision is to be the world's leading coatings company by consistently delivering high-quality, innovative and sustainable solutions that customers trust to protect and beautify their products and surroundings. Through leadership in innovation, sustainability and color, PPG provides added value to customers in construction, consumer products, industrial and transportation markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 70 countries around the world. Reported net sales in 2014 were $15.4 billion. PPG shares are traded on the New York Stock Exchange PPG. For more information, visit www.ppg.com and follow @PPGIndustries on Twitter.

Forward-Looking Statements

Statements in this news release relating to matters that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 reflecting the company's current view with respect to future events or objectives and financial or operational performance or results. The forward-looking statements contained herein include statements relating to the expected benefits of the Chemfil Canada acquisition. Actual events may differ materially from current expectations and are subject to a number of risks and uncertainties, including the ability of PPG Industries to achieve the expected benefits of the acquisition; and the other risks and uncertainties discussed in PPG Industries' periodic reports on Form 10-K and Form 10-Q and its current reports on Form 8-K filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of their initial issuance, and PPG Industries does not undertake any obligation to update or revise publicly any forward-looking statement, whether as a result of new information, future events or otherwise.

Bringing innovation to the surface is a trademark of PPG Industries Ohio, Inc.

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