) PPG PITTSBURGH PAINTS brand has introduced a palette of 42
colors named the Atlantic Color Collection. One can avail the
collection at Kent locations in any of the PPG Pittsburgh Paints
The shades are in tune with the coastal hues of Canada's Atlantic
region. The inspiration behind this collection was drawn from the
nature's true east coast warmth and relaxed mood. The palette
combines local marine-inspired shades for both interior and
exterior home color combinations.
The new collection combines shades that bring to life the natural
essence of the Atlantic region and the colors are influenced by
the deep green foliage of the forests, mystical blues of the sky
and waves, warm tones of the sand dunes and tranquil grays of the
seashells and ocean mist.
The palette's 'Bay of Fundy' and 'Foggy Beach' shades reflect the
influences of the water and natural landscapes capturing a soft
light that accompanies the area's long winters and moody waters.
PPG color experts traveled the Atlantic region and picked color
memories and used its resemblances in each and every color of the
The Atlantic Color Collection, developed by local PPG
architectural coatings representatives and color experts, is part
of PPG Pittsburgh Paints' The Voice of Color program. The Voice
of Color program is a design system that depends on the
hypothesis that every color speaks and there is an emotional
attachment of the colors with the individuals who are drawn to
various colors for reasons mainly tied to their unique
personality and complement their styles.
PPG Industries posted its second quarter 2013 results on Jul 18.
The company posted earnings (barring one time items) from
continuing operations of $2.45 a share in the quarter, which beat
the Zacks Consensus Estimate by $0.11. The adjusted earnings
exclude acquisition charges.
Revenues rose 16% year over year to $4,095 million, yet missed
the Zacks Consensus Estimate of $4,115 million. Solid results in
the coatings business was driven by sales gains across automotive
OEM coatings, automotive refinish and aerospace. However, the
architectural coatings business was the weakest link in the
Revenues from the Architectural Coatings (Europe, Middle East and
Africa) division fell 5% to $571 million on lower volumes.
Sustained economic weakness led to lower demand in the
PPG Industries envisions sustained earnings momentum in the
third quarter driven by similar factors that aided results in the
first half, including prudent cost management. Innovation is key
to the company's growth and the launch of the new collection is
expected to augment sales of the company's architectural coatings
PPG Industries currently carries a Zacks Rank #2 (Buy).
Other companies in the chemical industry worth considering are
Northern Technologies International Corp.
Cytec Industries Inc.
Eastman Chemical Co.
). All of them hold a Zacks Rank #2 (Buy).
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PPG INDS INC (PPG): Free Stock Analysis
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