PITTSBURGH, PA - PPG Industries has acquired the assets and intellectual property of NanoProducts Corporation, a producer of nanoproduct materials and a developer of nanoproduct technology. Terms were not disclosed.

The company has an extensive patent estate and operates facilities to develop and manufacture unique nanoparticles.

"This acquisition significantly strengthens PPG's nanotechnology patent portfolio and positions us as a world leader in nanoengineered materials," said James A. Trainham, PPG VP. "With these new materials, PPG can offer its customers and development partners unique, high-value solutions. PPG will also license nanotechnology solutions, particularly in areas outside its existing businesses."

PPG's nanotechnology includes patented innovations such as thin-film, optically clear nanocomposites for scratch protection and reflection of infrared (IR) and ultraviolet (UV) light from glass.

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