PPG Industries reported sales for the second quarter of 2011 of $4 billion, an increase of 15% versus the previous year’s second quarter (Q2). Net income for the quarter increased to $340 million versus $272 million in second quarter 2010, according to a recent company release.

“Our strong execution during the quarter enabled us to deliver excellent financial performance, including record earnings for any quarter,” said Charles Bunch, PPG Chairman and Chief Executive Officer (CEO), in the release. “We implemented further pricing initiatives and managed our businesses aggressively to overcome continued input cost inflation, a global economy that has only partially recovered and several transitory impacts to some businesses’ volumes early in the quarter,” he said.

Glass segment sales were $274 million, up $27 million, or 11%, compared with the previous year as a result of improved volumes, glass fibre pricing and favourable foreign currency translation. Segment income was $29 million, an improvement of $13 million, according to the release.