Top 10 Chemical Companies To Own For 2015: PPG Industries Inc.(PPG)
PPG Industries, Inc. manufactures and supplies protective and decorative coatings. The company offers coatings products for automotive and commercial transport/fleet repair and refurbishing, specialty coatings for signs, and light industrial coatings; and sealants, coatings, and technical cleaners/transparencies for commercial, military, regional jet, general aviation aircraft, and transparent armor for military land vehicles. It also provides coatings and finishes for the protection of metals and structures to metal fabricators, heavy duty maintenance contractors, and manufacturers of ships, bridges, rail cars, and shipping containers; and coatings to painting and maintenance contractors. In addition, PPG sells industrial and automotive coatings to manufacturing companies; adhesives and sealants for the automotive industry; metal pretreatments and related chemicals; and coatings and inks for aerosol, food, and beverage containers. Further, it supplies lenses, sunlenses, a nd optical lens materials; amorphous precipitated silicas for tire and battery separator markets; and Teslin substrate used in radio frequency identification tags and labels, e-passports, drivers? licenses, and identification cards applications. Additionally, PPG offers chlor-alkali and derivative products, such as chlorine, caustic soda, vinyl chloride monomer, chlorinated solvents, calcium hypochlorite, ethylene dichloride, hydrochloric acid, and phosgene derivatives to chemical processing, rubber and plastics, paper, minerals, metals, and water treatment industries. It also produces flat glass and continuous-strand fiber glass for commercial and residential construction, wind energy, energy infrastructure, transportation, and electronics industries. PPG sells its products through company-owned stores, home centers, paint dealers, and independent distributors, as well as directly to customers worldwide. The company was founded in 1883 and is headquarter! ed in Pittsburgh, P e nnsylvania.Advisors' Opinion:
- [By Laura Brodbeck]
ThursdayEarnings Expected From:Verizon Communications Inc., UnitedHealth Group Incorporated, Schlumberger N.V. , PPG Industries, Inc. (NYSE: PPG), Philip Morris International Inc., Goldman Sachs Group, Inc., Google Inc., Chipotle Mexican Grill, Inc. Economic Releases Expected: Italian trade balance, eurozone CPI, US manufacturing production, US industrial production, US oil inventory data
- [By Anna Prior]
PPG Industries Inc.(PPG) agreed to acquire architectural and industrial coatings company Consorcio Comex SA for $2.3 billion. PPG Chief Executive Charles E. Bunch said the acquisition is complementary to the paint and coatings maker’s business.
- [By Lawrence Meyers]
VAL stock trades at about 18timesFY14 estimates of $4.08. Even accounting for the 1.4% yield, its a tad bit pricey at 14% long-term EPS growth. But lets look at competitors. PPG Industries (PPG) trades at 21timesearnings on 11% long-term growth. Sherwin-Williams (SHW) trades at 24x earnings on 14.6% long-term growth. Akzo Nobel (AKZOY) trades at 16 times earnings on 11% growth.
- [By Rich Duprey]
Privately held specialty-coatings producer Deft will be acquired by PPG Industries (NYSE: PPG ) for an undisclosed sum.
Deft's primary business is supplying structural primers and military topcoats to the North American aviation industry, as well as architectural and industrial coatings, though they comprise muchsmaller parts of its business.
source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/top-10-chemical-companies-to-own-for-2015-2.html