) highlighted its new and enhanced coatings and materials at the
North American International Auto Show (NAIAS) in Detroit, Mich.,
yesterday. NAIAS is one of the largest auto shows in North
Automakers and automotive suppliers use PPG Industries'
environmentally sustainable coatings and specialty materials to
boost manufacturing efficiencies, reduce energy consumption and
increase fuel efficiency.
PPG Industries' products help automotive manufacturers cut energy
and water consumption during production and enable them to make
fuel-efficient, lightweight vehicles that meet environmental
PPG Industries, at the NAIAS, showcased ZIRCOBOND, a
corrosion-effective pretreatment that cuts water use and waste
and enhances energy efficiency. It is expected to save the
average North American assembly plant 16 million gallons of water
PPG Industries also introduced the ENVIRO-PRIME EPIC, an
electrocoat that utilizes a metal-free catalyst to address
environmental and conflict-mineral concerns.
Other products being featured at the show include the SPECTRACRON
ZRC coating that allows manufacturers to leverage the reduced
thickness of a metal substrate to make lighter underbody parts
while improving fuel efficiency. PPG Industries also highlighted
the DURANAR polymer coating for trim protects substrates that can
be utilized to replace stainless and heavy alloys while helping
manufacturers in light-weighting vehicles.
PPG Industries should gain from strength across North American
automotive OEM and aerospace markets. Gains across automotive OEM
coatings, automotive refinish and aerospace helped it to achieve
healthy results in its coatings business in third-quarter 2013.
PPG Industries, which currently holds a Zacks Rank #2 (Buy), will
report its fourth-quarter results before the opening bell on Jan
Other chemical companies with favorable Zacks Rank are
L'Air Liquide SA
Johnson Matthey plc
LyondellBasell Industries NV
). While both L'Air Liquide and Johnson Matthey hold a Zacks Rank
#1 (Strong Buy), LyondellBasell retains a Zacks Rank #2.
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PPG INDS INC (PPG): Free Stock Analysis
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