PPG will acquire another company, or it may accelerate its acquisition process.

On April 11, 2017, PPG (NYSE: PPG) reportedly announced that it had acquired 40% of the ownership of Taiwan's TCI from PetroChina Chemical Industry Development Co., Ltd. (Sinopec, CPDC).
PPG split its bulk chemicals business, an agreement was signed with CPDC, promising that if TCI fails to complete the listing within three years, CPDC has the right to sell 40% of its stake in Georgia Gulf or its designated company.
this is PPG's second acquisition earlier this month, less than a week after. As recently as April 6, PPG officially announced that it had purchased a 50 per cent ownership interest in the Asian joint venture between IVC (Malaysia) Pte Ltd and IVC-OPS (Singapore) Pte Ltd, although the financial terms were not disclosed.
one of the reasons PPG can't wait to accelerate its acquisition is because of the global competition
the "one brother" position of the coatings
industry, which will jeopardize PPG's long-standing status as a global giant after the announcement of a merger last year by Xuanwei and Wesper. Early last month, in just two weeks, PPG and AkzoNobel on the acquisition of the game has been several rounds, after several twists and turns, in the paint industry caused a huge shock, but so far no results, AkzoNobel did not agree to PPG's offer.
in fact, in the decade following the completion of the transformation around 2000, ppG's much of its business growth came from acquisitions and investments. It acquired Bellen Chemical in China in 2010, European paint manufacturer Dile in 2012, Spraylat in the same year, Deft's aerospace coatings business in 2013 and AkzoNobel's North American
Construction Coatings
business in 2013. In 2014, it acquired Mexican architectural coatings manufacturer Co
nsorcio Comex, S.A. de C.V. With the acquisition of The French company LJF (LE JOINT FRANCAIS) in 2015, PPG invests 3% of global sales each year in research and development, which in turn generates new market share and when there is a vacancy in the business, they make acquisitions. It can be said that: research and development and acquisition, to promote the ppG business continue to transform the two forces.
so these acquisitions are not a one-off. It remains to be seen which companies will be on PPG's list of acquisitions in the future.