PPG Industries Inc
) PPG Pittsburgh Paints brand has launched a new promotional
program "Pin It to Win It" to provide opportunities for The Voice
Of Color Pinterest users to win paint swatches and stripe cards.
The winners of this program can use their rewards for their
latest artistic creation.
This new program highlights the fact that the use of paint
swatches are no longer limited to the selection of paint color.
The paint swatches and stripe cards can also be utilized to
design jewelry to wall art to holiday wreaths.
"Pin It to Win It" joins The Voice of Color program on the
presumption that every color has an emotional and meaningful side
attached with it. PPG Pittsburgh Paints's promotional program
enhances Pinterest users' interest to find their preferred Do It
Yourself (DIY) projects, using stripe cards from The Voice of
Color's "Paint Swatches and Stripe Cards" board. They can also
repin the image with the voice of color and stripe card promo
The "Pin It to Win It" program from PPG Industries is open
through the remaining of 2013. The first hundred eligible
entrants who are verified to have fulfilled the entry
requirements will be rewarded with a package comprising paint
chip samples from The Voice of Color.
PPG Industries' fourth-quarter 2012 adjusted earnings were in
line with the Zacks Consensus Estimate while sales beat. Profit
rose on the back of the company's cost-saving measures. PPG
Industries witnessed strong growth in its North American
automotive OEM coatings business in the quarter
PPG Industries envisions mixed economic trends in 2013 with
continued strong growth in North America, improvements in Asia
and persistent weakness in Europe. PPG Industries will continue
to execute restructuring measures, which are expected to fetch
cost savings of $70 million-$80 million this year. Moreover, PPG
Industries will continue to implement the appropriate pricing
strategy to offset higher input costs.
PPG Industries has a diversified base of products and markets,
and looks to grow its businesses strategically along with
controlling costs. However, the European market is expected to
remain under pressure and raw material inflation and currency
headwinds remain concerns for the company.
PPG Industries currently holds a short-term Zacks Rank #3
Other companies in the chemical industry worth considering are
Air Products & Chemicals Inc.
Akzo Nobel NV
Eastman Chemical Company
). All of them hold a Zacks Rank #2 (Buy).
AKZO NOBEL NV (AKZOY): Free Stock Analysis
AIR PRODS & CHE (APD): Free Stock Analysis
EASTMAN CHEM CO (EMN): Free Stock Analysis
PPG INDS INC (PPG): Free Stock Analysis
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