PPG To Invest $11 Mln To Double Production Capacity Of Powder Coatings Plant In Mexico
(RTTNews) - PPG Industries, Inc. (PPG) announced Tuesday that it will invest $11 million to double the production capacity of its powder coatings plant in San Juan del Rio, Mexico. The expansion project is expected to be completed by mid-2023 and will allow the plant to meet the expected future demand for powder coatings in Mexico.
The project will involve the installation of new production lines, upgrades to existing equipment and increased application capabilities. The increase in production will also allow PPG to locally manufacture new, innovative powder coatings products that are currently supplied from the U.S.
This expansion reaffirms PPG's confidence in Mexico and the strategic role of the San Juan del Rio site for the powder coatings business.
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PPG To Review Strategic Alternatives For Its Architectural Coatings Business In The U.S. And Canada
PPG Industries, Inc. (PPG), a global leader in paints, coatings, and specialty materials, announced Monday that it has engaged Goldman Sachs & Co. LLC as financial advisor to assist in a review of strategic alternatives for its architectural coatings business in the U.S. and Canada.
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PPG Boosts Q1 Adj. EPS Outlook
PPG Industries Inc. (PPG) announced Monday that first quarter 2023 adjusted earnings per share is now expected to be between $1.52 and $1.58, which exceeds the company's previously communicated guidance of $1.10 to $1.20.
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647 dni temu
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
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5g 40 minut temu
Australian Market Maintains Early Losses In Mid-market
The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
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6g 15 minut temu
Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates
Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.
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6g 26 minut temu
Japanese Market Notably Lower
Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
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6g 35 minut temu
Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews
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6g 58 minut temu
Higher Open Called For Thai Stock Market
The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.
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7g 1 minut temu
