PPG Has Strong Second Quarter

PPG had net sales of approximately $4.4 billion in the second quarter of 2021, roughly 45 per cent over net sales in the second quarter of 2020. Selling prices increased by 3.5 per cent and sales volumes were higher by approximately 24 per cent in comparison to the previous year. Net income for the quarter was $431 million compared to $102 million in the year-ago period. The performance coatings segment net sales were $2,749 million for the second quarter, up 33 per cent over the year-ago period and the industrial coatings segment net sales were $1,610 million, up 70 per cent.