PPG Industries, Inc. acquired remaining 50% stake each in IVC Sdn., Bhd. and IVC-OPS Pte. Ltd. from Omni-Plus System Pte. Ltd.

Omni-Plus System Limited is a Singapore-based company, which is engaged in the engineering plastics distribution business, which consists mainly of engineering plastics and sells catalogs and general-purpose products (generic). It is involved in the development and manufacturing of resin compounds, mixing, and coloring. It provides supply chain solutions for engineering plastics, which are synthetic resins (materials), through two business operations: Distribution business and Development and manufacturing business. The Distribution business includes the distribution and sale of generic and specialty engineering plastic materials. Development and manufacturing businesses engage in the development of engineering and plastics that excel in durability and heat resistance, as well as materials used in housings, internal components, and other component applications for products such as electronic equipment, OA equipment, automobiles, communications equipment, and medical equipment.