-

PPG, Cellforce Group to Develop Sustainable Battery Solutions

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has partnered with Cellforce Group, which is a joint venture between Porsche and CUSTOMCELLS, to develop exclusive sustainable battery cell solutions to better serve the electric vehicle and mobility segment.

PPG will supply cathode binder systems, which are free of N-Methylpyrrolidone (NMP) solvent, to the Cellforce Group. The collaboration would eliminate the use of NMP in producing the conductive-carbon slurry that forms cathodes for Li-ion batteries. NMP, which is widely used in electrode manufacturing, has been identified as a reproductive hazard by several global regulatory agencies and was recently identified by the U.S. Environmental Protection Agency (EPA) as an “unreasonable risk” to workers in certain conditions.

“PPG is eager to partner with the Cellforce Group to build the next generation of battery cell technology that will define a new level of sustainability for the electro-mobility segment,” said Markus Vogt, PPG general manager of mobility. “Additionally, the partnership enables collaboration to provide critical technology development to increase cell performance and safety.”

PPG is helping vehicle, battery and component manufacturers accelerate the development of tomorrow’s automotive energy storage solutions. The company’s broad-based materials expertise covers virtually every area of Li-ion battery design and construction, helping customers boost energy density, extend service life, improve safety, increase manufacturing throughput and reduce cost per kilowatt hour.

PPG’s dedicated team of mobility professionals provides differentiated solutions for automotive electro-mobility, such as sustainable binder solutions for the battery cell and coating solutions for the battery pack that include battery fire protection, anti-corrosion coatings for battery packs/trays, dielectric shielding and thermally conductive materials.

About the Cellforce Group:

The Cellforce Group initially develops and produces high-performance lithium-ion pouch cells for special automotive applications. Porsche AG holds a 72.7 percent stake in the company, with Customcells holding the remaining shares. The managing directors are Markus Gräf as Chief Operating Officer (COO), Wolfgang Hüsken as Chief Financial Officer (CFO) and Torge Thönnessen as Chief Technology Officer (CTO). By 2025, the workforce is expected to grow from 23 employees at present to around 100.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 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 75 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Automotive OEM Coatings

Contacts

PPG Media Contact:
Mark Silvey
Corporate Communications
+1-412-434-3046
silvey@ppg.com

PPG Investor Contact:
John Bruno
Investor Relations
+1-412-434-3466
jbruno@ppg.com
investor.ppg.com

PPG

NYSE:PPG

Release Versions

Contacts

PPG Media Contact:
Mark Silvey
Corporate Communications
+1-412-434-3046
silvey@ppg.com

PPG Investor Contact:
John Bruno
Investor Relations
+1-412-434-3466
jbruno@ppg.com
investor.ppg.com

More News From PPG

PPG acquires pavement markings manufacturer Ozark Materials, LLC

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced that it has completed the acquisition of Ozark Materials, LLC, a U.S.-based provider of pavement marking solutions, from Ingevity Corporation (NYSE:NGVT). The all-cash transaction includes a purchase price of $65 million, subject to customary adjustments. Ozark Materials serves customers across the United States and Canada and has a strong reputation for quality, service and operational excellence. The company has approximately 130 emp...

PPG expects first quarter 2026 financial results to exceed previous guidance; detailed financial update to be provided April 28

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced that first quarter 2026 earnings per diluted share (EPS) is $1.70 and adjusted EPS is $1.83, an increase of 6% over the first quarter 2025. “I am pleased that we have delivered our fifth consecutive quarter of organic sales growth, with positive selling prices and flat sales volumes,” said Tim Knavish, PPG chairman and chief executive officer. “Strong performance in our differentiated architectural coatings Latin America and aerospace...

PPG announces global price increase of up to 20% already in progress

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE: PPG) today announced a global price adjustment across its paints, coatings and specialty products portfolio, reflecting the company’s continued commitment to maintaining reliable supply of its high-performance products to customers amid a rapidly evolving global cost environment. In recent weeks, the global petrochemical, energy and transportation markets have experienced significant volatility and supply constraints driven by factors outside the control...
Back to Newsroom