PPG to form fiber glass joint venture with Harsha in India
9/13/2011
PITTSBURGH, Sept. 13, 2011 - PPG Industries (NYSE: PPG) announced recently that it has signed a letter of intent with Harsha Exito Engineering Private Limited (India) to establish a 50-50 joint venture for the manufacture and sale of fiber glass reinforcement products. The transaction is subject to the completion of due diligence and the negotiation of definitive documentation. Financial information was not disclosed.
"Over the next several months, PPG and Harsha will be working to finalize a fiber glass joint venture in the Indian state of Tamil Nadu to primarily serve the Indian market," said Thomas P. Kerr, PPG vice president, fiber glass. "We are encouraged by the prospect of continuing to expand PPG's global reach, particularly in emerging markets."
According to Kerr, the projected expansion of the Indian economy will help drive demand for fiber glass in such end-use applications as infrastructure, transportation and wind energy.
"PPG does not currently operate a fiber glass manufacturing facility in India, but we export fiber glass to the region to support our customers' operations there," Kerr said.
PPG: BRINGING INNOVATION TO THE SURFACE.(TM)
PPG Industries' vision is to continue to be the world's leading coatings and specialty products company. Through leadership in innovation, sustainability and color, PPG helps customers in industrial, transportation, consumer products, and construction markets and aftermarkets to enhance more surfaces in more ways than does any other company. Founded in 1883, PPG has global headquarters in Pittsburgh and operates in more than 60 countries around the world. Sales in 2010 were $13.4 billion. PPG shares are traded on the New York Stock Exchange (symbol: PPG). For more information, visit www.ppg.com.
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Mind, he declares, is an attribute everywhere accompanying matter, co-extensive and co-infinite with space. Our own animation is the sum or the resultant of an animation clinging to every particle that enters into the composition of our bodies. When our thoughts are affected by an external impulse, to suppose that this impulse proceeds from anything material is a delusion; it is produced by the mind belonging to the body which acts on our body; although in what sense this process is to be understood remains a mystery. Spinoza has clearly explained the doctrine of animal automatism, and shown it to be perfectly conceivable;569 but he has entirely omitted to explain how the parallel influence of one thought (or feeling) on another is to be understood; for although this too is spoken of as a causal relation, it seems to be quite different from the logical concatenation described as the infinite intellect of God; and to suppose that idea follows from idea like movement from movement would amount to a complete materialisation of mind; while our philosopher would certainly have repudiated Mr. Shadworth Hodgson’s theory, that states of consciousness are only connected through their extended substratum, as the segments of a mosaic picture are held together by the underlying surface of masonry. Nor can we admit that Spinoza entertained the theory, now so popular, according to which extension and consciousness are merely different aspects of a single reality. For this would imply that the substance which they manifest had an existence of its own apart from its attributes; whereas Spinoza makes it consist of the attributes, that is to say, identifies it with their totality. We are forced, then, to conclude that the proposition declaring thought and extension to be the same thing570 has no413 other meaning than that they are connected by the double analogy which we have endeavoured to explain. “Oh, he’s welcome to it,” Sandy cried. “I’ve turned over a new leaf!” “But—are they?” He pulled a wire out a trifle from the sheath. The sergeant spent more time upon the oaths with which he embellished the counter-question as to how he should know anything about it, than would have been consumed in a civil explanation. "Doctor, he can't die. He mustn't die," said Shorty in agony. "The regiment can't spare him. He's the best soldier in it, and he's my pardner." AND ENTERS UPON HIS PARENTAL RELATIONS TO LITTLE PETE SKIDMORE. 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