We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
PPG Industries to Display Coatings Range at Construct 2016
Read MoreHide Full Article
PPG Industries (PPG - Free Report) will showcase its Duranar and Coraflon coatings range at Construct 2016, to be held in Texas during Sep 8–9. The company will also address an industry meeting and highlight a range of printed and digital color selectors and specification tools at the event.
PPG Industries’ versatile Duranar liquid coating product can be applied on coils and extrusions in a number of formulations. While the Duranar GR coatings are graffiti-resistant, the Duranar Ultra-Cool coatings exhibit the company’s proprietary infrared-reflective coating technology and Duranar Vari-Cool coatings that add the ability for the Ultra-Cool technology to shift color. Additionally, the company will showcase solvent-free, ultra-low-volatile organic compound coatings in both the range. The compounds offer durability as well as hardness in an extensive variety of colors, effects and gloss ranges for extruded metal building components.
In addition to displaying the two ranges, PPG Industries will exhibit its expanding line of printed and electronic design and specification tools. The company will also highlight its digital Architectural Metal Coatings Binder app which includes updated catalogs, brochures of products along with all liquid and powder coatings data sheets. The company will also present its PPG Metal Coatings Online Color Selector Tool at the event. The tool facilitates easy digital visualization of 170 colors in the company’s Architectural Liquid and Powder Coatings Color Guide and the Building Products Coil Coatings Color Guide.
Prior to Construct 2016, PPG Industries will provide a short presentation at the annual meeting of the Specifications Consultants in Independent Practice (SCIP) on Sep 6, in relation to the event. SCIP is a technical organization which allows designing firms and agencies to obtain specifications from qualified writers.
PPG Industries, which is among the prominent players in the diversified chemical industry along with The Dow Chemical Company (DOW - Free Report) , DuPont (DD - Free Report) and Air Products and Chemicals Inc (APD - Free Report) ,saw higher profits in the second quarter of 2016, aided by its cost-cutting actions.
The company’s adjusted earnings of $1.85 per share for the quarter improved 10.8% year over year. Sales in the quarter were fairly consistent with the prior-year quarter, at $4,064 million. While earnings beat the Zacks Consensus Estimate, sales lagged the same. The bottom line was primarily boosted by the successful commercialization of innovative products, strong business and cost management as well as earnings-accretive cash deployment.
PPG Industries is committed toward delivering higher organic growth, including continued commercialization of its innovative, industry-leading coatings technologies. The reported quarter saw increased growth in Europe, Asia and Latin America. The company anticipates overall volume growth in the third quarter as it will start receiving benefits of growth initiatives undertaken in the past.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
PPG Industries to Display Coatings Range at Construct 2016
PPG Industries (PPG - Free Report) will showcase its Duranar and Coraflon coatings range at Construct 2016, to be held in Texas during Sep 8–9. The company will also address an industry meeting and highlight a range of printed and digital color selectors and specification tools at the event.
PPG Industries’ versatile Duranar liquid coating product can be applied on coils and extrusions in a number of formulations. While the Duranar GR coatings are graffiti-resistant, the Duranar Ultra-Cool coatings exhibit the company’s proprietary infrared-reflective coating technology and Duranar Vari-Cool coatings that add the ability for the Ultra-Cool technology to shift color. Additionally, the company will showcase solvent-free, ultra-low-volatile organic compound coatings in both the range. The compounds offer durability as well as hardness in an extensive variety of colors, effects and gloss ranges for extruded metal building components.
In addition to displaying the two ranges, PPG Industries will exhibit its expanding line of printed and electronic design and specification tools. The company will also highlight its digital Architectural Metal Coatings Binder app which includes updated catalogs, brochures of products along with all liquid and powder coatings data sheets. The company will also present its PPG Metal Coatings Online Color Selector Tool at the event. The tool facilitates easy digital visualization of 170 colors in the company’s Architectural Liquid and Powder Coatings Color Guide and the Building Products Coil Coatings Color Guide.
Prior to Construct 2016, PPG Industries will provide a short presentation at the annual meeting of the Specifications Consultants in Independent Practice (SCIP) on Sep 6, in relation to the event. SCIP is a technical organization which allows designing firms and agencies to obtain specifications from qualified writers.
PPG Industries, which is among the prominent players in the diversified chemical industry along with The Dow Chemical Company (DOW - Free Report) , DuPont (DD - Free Report) and Air Products and Chemicals Inc (APD - Free Report) ,saw higher profits in the second quarter of 2016, aided by its cost-cutting actions.
The company’s adjusted earnings of $1.85 per share for the quarter improved 10.8% year over year. Sales in the quarter were fairly consistent with the prior-year quarter, at $4,064 million. While earnings beat the Zacks Consensus Estimate, sales lagged the same. The bottom line was primarily boosted by the successful commercialization of innovative products, strong business and cost management as well as earnings-accretive cash deployment.
PPG Industries is committed toward delivering higher organic growth, including continued commercialization of its innovative, industry-leading coatings technologies. The reported quarter saw increased growth in Europe, Asia and Latin America. The company anticipates overall volume growth in the third quarter as it will start receiving benefits of growth initiatives undertaken in the past.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>