Saint-Gobain recently announced the appointment of Jean-Claude Lasserre as chief executive officer of Saint-Gobain Canada, effective on April 1, 2025. Currently the global CEO of Saint-Gobain Surface Solutions, Lasserre brings to Canada over 30 years of experience within the Saint-Gobain Group in Europe, Africa, Asia, and the Americas. “I am honored to lead Saint-Gobain’s operations […]
The Alliance for Chemical Distribution (ACD) and Responsible Distribution of Canada (RDC) recently signed a memorandum of understanding (MOU) to support the continued collaboration and commitment to their respective responsible distribution programs. The MOU recognizes the role that each performance program plays in the safe and secure management of chemicals throughout the supply chains of […]
PPG announced that it has reached a definitive agreement to sell 100% of its architectural coatings business in the United States and Canada at a transaction value of $550 million to American Industrial Partners (AIP), an industrials investor. The company also announced additional cost reduction actions that it expects to result in approximately 1,800 positions. […]
PPG has engaged Goldman Sachs & Co. LLC as financial advisor to assist in a review of strategic alternatives for its architectural coatings business in the United States and Canada. In 2023, the architectural coatings business in the United States and Canada represented approximately 10% of PPG’s total net sales. PPG’s architectural coatings business in […]
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