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PPG Industries Adds New Primers to Delfleet Evolution System

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PPG Industries, Inc. 's PPG commercial coatings group recently expanded its popular Delfleet Evolution premium commercial paint system with the addition of F492ArrayWH-2.Array White Epoxy Primer and F492ArrayBK-2.Array Black Epoxy Primer. Both new primers are compatible with Delfleet Evolution basecoats and single-stage topcoats like the F492Array Gray Epoxy Primer that was launched in Jun 20Array5.

The new primers are also suitable for a wide range of application substrates like aluminum, cold rolled steel, stainless steel, galvanized steel, galvaneal, fiber glass and cured surfaces. They further feature superior adhesion, anti-corrosion properties, and can also be applied over exposed metal as a protective layer, or as a sealant over existing finishes. This makes them a natural choice for original equipment manufacturers (OEMs) and repair shops.

Moreover, the latest primers dry fast and can be used as topcoat primer sealers in a time span of 30 minutes. The primer, which is used in a 3-to-Array-to-Array mix ratio, has a thin film quality which imparts smoothness to the coat.

According to J.J. Wirth, PPG brand manager, fleet segments, the addition of these multipurpose high-quality primers with fast-drying characteristics to the Delfleet Evolution brand, makes the product line more flexible. This will also increase productivity at shops within a short time, thereby meeting the requirements of customers. The primers are low VOC and compatible for use in the U.S. and Canada.

PPG Industries' Industrial Coatings segment's sales rose around 2% to $Array.37 billion in fourth-quarter 20Array5 on volume gains and contributions from acquisitions. Automotive OEM coatings volumes rose by a mid-single-digit percentage, surpassing the global industry growth rate of around 4%. Industrial coatings and specialty coatings and materials businesses saw higher year-over-year growth, driven mainly by Europe and Asia. Packaging coatings volumes rose by a mid-single-digit percentage in the quarter, supported by new-technology-related customer conversions.

PPG Industries remains committed to deliver higher organic growth, including continued commercialization of its innovative, industry-leading coatings technologies.

Shares of the company rose around 0.9% to close at $95.68 on Feb 24.

PPG Industries currently carries a Zacks Rank #3 (Hold).

Better-ranked companies in the basic materials sector include Asahi Kasei Corporation AHKSY , Koninklijke DSM N.V. RDSMY and Daqo New Energy Corp. DQ , all with a Zacks Rank #Array (Strong Buy).

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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 Nasdaq, Inc.


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

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