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PPG and 4PLASTIC Launch Advanced Texture Refinishing System
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Key Takeaways
PPG introduced an advanced system to replicate OEM textures across interior and exterior auto plastics.
The system blends refinish coatings and intuitive tools to reduce labor time and boost consistency.
PPG Industries backs the lineup with repair tools, now available across the U.S. and Canadian markets.
PPG Industries, Inc. (PPG - Free Report) , through its SEM Products unit, partnered with 4PLASTIC to introduce an advanced texture refinishing system designed to elevate the quality and efficiency of plastic surface restoration. The new solution integrates SEM’s expertise in refinish coatings with 4PLASTIC’s specialization in plastic repair technologies, offering a comprehensive system that allows technicians to accurately replicate OEM textures across a wide range of interior and exterior automotive plastic components.
Engineered for precision, durability and ease of application, the system enables seamless repairs on textured components, reducing labor time while improving finish consistency. Leveraging advanced materials, intuitive application tools and a process-optimized refinishing workflow, PPG and 4PLASTIC provide body shops and restoration experts with a dependable, standardized method for achieving OEM-grade plastic finishes.
The SEM and 4PLASTIC product lineup will also be supported by a suite of tools and equipment engineered to streamline and accelerate plastic component repairs, including a specialized tool developed to push out dents and sharpen bodylines on plastic bumpers. The complete offering is now accessible throughout both the U.S. and Canadian markets.
Shares of PPG have lost 7.2% in the past year compared with the industry’s 0.8% decline.
The Zacks Consensus Estimate for ALB’s current-year loss stands at $1.1 per share, implying a 53% year-over-year improvement. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 35.3%. Shares of ALB have gained 110.3% over the past year.
The Zacks Consensus Estimate for LXU’s current-year earnings is pegged at 36 cents per share, indicating a 57% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing twice, with an average surprise of 141.3%. Shares of LXU are up 6.4% over the past year.
The Zacks Consensus Estimate for NVZMY’s current-year earnings is pegged at $2.31 per share, indicating a 23% year-over-year increase. Shares of NVZMY have jumped 13.3% over the past year.
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PPG and 4PLASTIC Launch Advanced Texture Refinishing System
Key Takeaways
PPG Industries, Inc. (PPG - Free Report) , through its SEM Products unit, partnered with 4PLASTIC to introduce an advanced texture refinishing system designed to elevate the quality and efficiency of plastic surface restoration. The new solution integrates SEM’s expertise in refinish coatings with 4PLASTIC’s specialization in plastic repair technologies, offering a comprehensive system that allows technicians to accurately replicate OEM textures across a wide range of interior and exterior automotive plastic components.
Engineered for precision, durability and ease of application, the system enables seamless repairs on textured components, reducing labor time while improving finish consistency. Leveraging advanced materials, intuitive application tools and a process-optimized refinishing workflow, PPG and 4PLASTIC provide body shops and restoration experts with a dependable, standardized method for achieving OEM-grade plastic finishes.
The SEM and 4PLASTIC product lineup will also be supported by a suite of tools and equipment engineered to streamline and accelerate plastic component repairs, including a specialized tool developed to push out dents and sharpen bodylines on plastic bumpers. The complete offering is now accessible throughout both the U.S. and Canadian markets.
Shares of PPG have lost 7.2% in the past year compared with the industry’s 0.8% decline.
PPG Zacks Rank & Key Picks
PPG currently carries a Zacks Rank of #4 (Sell).
Some better-ranked stocks in the Basic Materials space are Albemarle Corporation (ALB - Free Report) , LSB Industries, Inc. (LXU - Free Report) , and Novozymes A/S (NVZMY - Free Report) . ALB and LXU carry a Zacks Rank of #1 (Strong Buy), while NVZMY has a Zacks Rank of #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for ALB’s current-year loss stands at $1.1 per share, implying a 53% year-over-year improvement. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 35.3%. Shares of ALB have gained 110.3% over the past year.
The Zacks Consensus Estimate for LXU’s current-year earnings is pegged at 36 cents per share, indicating a 57% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in two of the trailing four quarters while missing twice, with an average surprise of 141.3%. Shares of LXU are up 6.4% over the past year.
The Zacks Consensus Estimate for NVZMY’s current-year earnings is pegged at $2.31 per share, indicating a 23% year-over-year increase. Shares of NVZMY have jumped 13.3% over the past year.