PPG Industries Surges to 168th in Trading Volume with $488 Million Turnover Despite Stock Price Decline

On March 27, 2025, PPG Industries (PPG) saw a significant increase in trading volume, with a turnover of $488 million, marking a 112.32% rise from the previous day. This surge placed PPG at the 168th position in the day's stock market rankings. However, despite the high trading volume, PPG's stock price declined by 3.19%.

PPG recently inaugurated a new waterborne automotive coatings manufacturing plant in Samut Prakan, Thailand. This strategic move is aimed at bolstering production capacity for sustainable coatings in Southeast Asia, a region experiencing rapid growth in the automotive sector. The plant, equipped with an automated spray application center, has an annual production capacity of 2,000 tons. This expansion underscores PPG's commitment to sustainability and its strategic focus on the Southeast Asian market, where the Thai government's support for electric vehicles presents vast opportunities for global automakers, including Chinese OEMs.

The new facility will significantly enhance PPG's production capacity of waterborne basecoats and primers, addressing the rising demand for sustainably advantaged automotive coatings in the region. PPG's development of waterborne coatings with low VOC emissions aligns with its purpose to 'protect and beautify the world,' promoting sustainable transformation within the automotive coatings industry. This initiative follows PPG's previous announcement in May 2024 to invest $300 million in advanced manufacturing facilities in North America, including a new paint and coatings manufacturing plant in Loudon County, Tennessee.