PPG Coatings and Materials at Detroit Auto Show - Analyst Blog

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PPG Industries ( PPG ) 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 America.

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 requirements.


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 annually.

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 16.

Other chemical companies with favorable Zacks Rank are L'Air Liquide SA ( AIQUY ), Johnson Matthey plc ( JMPLY ) and LyondellBasell Industries NV ( LYB ). While both L'Air Liquide and Johnson Matthey hold a Zacks Rank #1 (Strong Buy), LyondellBasell retains a Zacks Rank #2.



AIR LIQUIDE-ADR (AIQUY): Get Free Report

JOHNSON MATTHEY (JMPLY): Get Free Report

LYONDELLBASEL-A (LYB): Free Stock Analysis Report

PPG INDS INC (PPG): 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: AIQUY , JMPLY , LYB , PPG

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