PPG Industries recently reported financial results for the second quarter of 2012. Net sales for the quarter were $4 billion and net income was $362 million. Adjusted net income for the quarter, excluding the nonrecurring charges, was $365 million. Second quarter 2011 net sales were $4 billion, and net income was $340 million.

Performance Coatings segment sales for the quarter were $1.2 billion, up 1% vs. the prior year. Industrial Coatings segment sales for the quarter were $1.1 billion, up 2% or $24 million over the previous year. Segment volumes grew by more than 20% in the U.S., including strong automotive OEM coatings business performance. Architectural Coatings for the EMEA (Europe, Middle East and Africa) segment had second quarter sales of $601 million, a decrease of $10 million, or 2%, vs. the prior year due to lower volumes partly offset by price.