Air Products Curing Agents at ECS 2013 - Analyst Blog

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Industrial gas giant Air Products and Chemicals Inc. ( APD ) will be presenting its epoxy curing agents and isocyanate curing agents at the European Coatings Show (ECS) 2013 to be held this week in Nuremberg, Germany.  

The epoxy curing agents are mainly of waterborne and solvent-free types and the new isocyanate curing agents have been designed for use in a variety of coatings applications.

Air Products will present, at the ECS, the Amicure IC-321 curative, an amine curing agent specifically devised for use with standard HDI trimer isocyanates, resulting in polycarbamide or aliphatic polyurea coatings designed for industrial, commercial and institutional flooring systems. Amicure IC-321 curative is designed for rapid hardness development with an extended working time for squeegee application.

Air Products will spotlight the next generation epoxy curing agents named Ancamine 2712M and 2739 with unique total reactive technology. These epoxy curing agents are modified polyamine curing agents that eliminate the need for a plasticizer without performance compromise. They are specially designed for use in polymer-based flooring systems.

In addition to Ancamine 2712M and 2739, Air Products will also highlight Ancamine 2719 and 2734 curing agents, specially equipped with chemical resistance and fast-return-to-service for industrial maintenance and protective coatings. Air Products will also present the Ancamide 2652 curing agent from the Ancamine series used for marine coatings that require corrosion resistance and a long overcoat window associated with a fast dry/cure.

At the ECS, Air Products will also feature the Anquamine 721 and 735 epoxy curing agents of the waterborne type, which are designed for use in waterborne epoxy coatings where cost-effectiveness and high performance are of prime focus.

Air Products released its first-quarter fiscal 2013 results on Jan 23, 2013. The results were better-than-expected as both revenues and adjusted earnings outpaced the Zacks Consensus Estimates. Sales were boosted by Indura and DA NanoMaterials acquisitions.

Air Products benefits from a diverse customer base, sustained pricing power and cost-reduction measures. While new business deals and strategic investments are expected to support results in fiscal 2013, volume in the core Merchant Gases segment is expected to remain under pressure and the electronics business may continue to see weak demand. Higher energy costs also pose a threat to margin expansion.

Air Products retains a short-term (1 to 3 months) Zacks Rank #2 (Buy).

Other companies in the chemical industry worth considering are Axiall Corporation ( AXLL ), Akzo Nobel NV ( AKZOY ) and LyondellBasell Industries NV ( LYB ).  All of them hold a Zacks Rank #2 (Buy).



AKZO NOBEL NV (AKZOY): Free Stock Analysis Report

AIR PRODS & CHE (APD): Free Stock Analysis Report

AXIALL CORP (AXLL): Free Stock Analysis Report

LYONDELLBASEL-A (LYB): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: AKZOY , APD , AXLL , LYB

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