PA-PPG
PPG (NYSE:PPG) today announced that it will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc., a provider of technology-driven film solutions. PPG retains a majority stake in the joint venture. Specific financial and ownership terms were not disclosed.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230523005157/en/
PPG will deliver paint and clear film solutions for automotive and industrial customers through PPG Advanced Surface Technologies, a new joint venture formed with entrotech, Inc. (Photo: Business Wire)
Paint films are multilayer applications in which at least one layer is made from paint. They provide a range of environmental benefits, including lower energy consumption, as well as new aesthetic options. The technology is currently used for automotive applications and has potential applications across a range of industrial end-uses.
“This joint venture will position our portfolio of paint films products for accelerated commercialization, offering customers innovative products with high performance and significant sustainability benefits,” said Tim Knavish, PPG president and chief executive officer. “This venture will be positioned for rapid global expansion aligned to PPG’s portfolio.”
PPG established its paint films capabilities in 2021 with the acquisition of Wörwag, a Germany-based coatings supplier that provides film products for a variety of automotive parts and panels. The JV will consist of the PPG Wörwag film assets and the automotive films business of entrotech.
The automotive films portfolio of entrotech includes automotive clear protective films and the Aero Sustainable Material Technology line of paint films. The company’s patented and patent-pending technologies were originally developed in 2007 to meet the demanding requirements of motorsports and other applications.
In 2019, Aero films were first used on commercial automotive vehicle exteriors. The company has since further developed the technology for potential use in commercial transportation, marine, construction and other areas in which PPG operates.
“We are excited to join the global PPG family through this joint venture,” said Jim McGuire, entrotech founder and CEO. “This agreement builds on a long collaboration, as we use PPG paint products to create our paint films. We look forward to expanding our reach globally with the PPG paint films team through this partnership.”
PPG: WE PROTECT AND BEAUTIFY THE WORLD®
At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and specialty materials that our customers have trusted for 140 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $17.7 billion in 2022. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.
The PPG Logo and We protect and beautify the world are registered trademarks of PPG Industries Ohio, Inc.
CATEGORY Automotive Refinish
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230523005157/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
LSEG Launches Digital Markets Infrastructure Platform for Private Funds, and Facilitates First Transaction15.9.2025 09:25:00 CEST | Press release
LSEG today announces that it has launched its Digital Markets Infrastructure (“DMI”) platform for private funds and facilitated its first transaction. DMI, which is powered by Microsoft Azure, will deliver blockchain-powered scale and efficiencies for the full asset lifecycle – from issuance, tokenisation and distribution to post trade asset settlement and servicing, across multiple asset classes. LSEG will ensure that this platform is interoperable with current market solutions in distributed ledger technology as well as traditional finance, fully utilising a range of the group's products and services, including Workspace. Developed in collaboration with Microsoft, DMI is aligned with LSEG’s goal of being the first global exchange group to support customers across the full funding continuum, alongside other group initiatives such as the Private Securities Market. Private funds is the first asset class to benefit from the DMI platform, with expansion to additional asset classes planned
Dexcom Spotlights Upcoming Feature Launches, Improved Health Outcomes and Cost-Effectiveness With Dexcom Glucose Biosensing at EASD 202515.9.2025 09:15:00 CEST | Press release
The company will unveil Dexcom Smart Basal*, a new integrated titration module designed to make basal insulin initiation and management easier† for users, which is currently under FDA and CE mark review.New Dexcom CGM data revealed at the conference will demonstrate how exercise before versus after meals can optimize glucose excursions in pregnant women with Type 1 diabetes.1 Additional findings will demonstrate how CGM can reduce neonatal complications linked to gestational diabetes more effectively than fingersticks.2Data presented at Dexcom’s symposium will reinforce that Dexcom CGM use reduced acute diabetes events.3 DexCom, Inc. (Nasdaq: DXCM), a global leader in glucose biosensing, will present new product features and a compilation of new evidence that shows the benefits of its glucose biosensing technology for people with all types of diabetes at the upcoming 61st annual European Association for the Study of Diabetes (EASD) Conference. This press release features multimedia. Vi
Dotfile Launches Autonomy: Self-Decisioning AI Agent for KYB Compliance15.9.2025 09:00:00 CEST | Press release
Breakthrough technology delivers fully autonomous compliance reviews, achieving up to 94% false positive elimination and speeding up processing by 3x. Dotfile, Europe’s leading AI‑powered compliance operating system, today announced Dotfile Autonomy, the industry‑first fully autonomous AI platform for Know Your Business (KYB) case review. Autonomy enables fintechs and financial institutions to fully automate routine KYB/AML workflows while maintaining regulatory oversight and end‑to‑end auditability. Self-Decisioning Technology Dotfile Autonomy debuts a sophisticated multi-agent AI architecture, combining a central orchestrator with specialized review agents. The system automatically analyzes cases, determines automation levels, and processes routine compliance reviews without the need for human intervention, escalating only complex cases to human reviewers. Vasco Alexandre, Cofounder and CEO of Dotfile, commented: “Our approach delivers huge efficiency gains, while keeping humans in t
Komoot Unveils Modern Design as Part of Ambitious Product Roadmap15.9.2025 09:00:00 CEST | Press release
Komoot, the leading outdoor app, is rolling out a fresh new design: The experience is currently live for Web users worldwide, with Mobile slated for release by the end of September. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250915468295/en/ The updated design—the first in a series of major initiatives outlined within komoot’s ambitious new roadmap—introduces a refreshed look and includes significant improvements to the user journey to deliver a more intuitive and enjoyable experience overall. At the same time, komoot’s core navigation and workflows remain the same: The result is a modern, intuitive design that still feels familiar to returning users. The most notable changes include: A contemporary design. The new look introduces several refreshed design elements—such as color palette, fonts, icons, and illustrations—to elevate and modernize the overall komoot brand and user experience. A clearer and more intuitive stru
Cardo AI Powers Multitude Bank’s Asset-Based Lending15.9.2025 08:21:00 CEST | Press release
Cardo AI, a leading technology platform for asset-based finance and private credit, today announced a strategic partnership with Multitude Bank p.l.c., a subsidiary of the listed Multitude AG. The collaboration will use Cardo AI’s platform to automate and streamline Multitude Bank’s asset-based lending (ABL) operations, enhancing efficiency and transparency in funding for small and medium-sized enterprises (SMEs). “Technology is the key to accelerating growth in asset-based credit,” said Altin Kadareja, Co-Founder & CEO of Cardo AI. “By automating and streamlining critical operations, our platform helps institutions like Multitude enhance the efficiency of their ABL businesses and provide faster, more flexible funding solutions to SMEs.” “Our clients expect both speed and reliability,” said Alain Nydegger, CEO of Wholesale Banking at Multitude Group. “By working with innovative technology partners, we can scale our asset-based lending operations more efficiently. Consolidating our ABL
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom