PPG Industries Inc. (PPG) will exhibit its portfolio of functional coatings, adhesives, and sealants designed to address the evolving challenges of the electric vehicle (EV) market at the Battery Show North America, which will be held on Oct. 8-10 at the Huntington Place convention center in Detroit, MI.PPG will highlight its novel PPG CORACHAR fire retardant coating, which provides strong protection when combined with PPG's electrocoat technology by improving thermal barrier qualities that are crucial for ...

PPG Industries Inc. (PPG) recently launched PPG Steelguard 951 epoxy intumescent fire protection coating in the Americas. This solution is intended for advanced manufacturing facilities, such as semiconductor plants, electric vehicle battery facilities, data centers and other commercial infrastructure. Following a successful debut in Europe and the Middle East, PPG Steelguard 951 coating is now available in North and Latin America. PPG Steelguard 951 coating offers up to four hours of fire protection by exp ...

PPG Industries Inc. (PPG) has announced that it will demonstrate its digital and sustainable solutions at Automechanika Frankfurt 2024, the world's premier trade fair for the automotive aftermarket, which will be held at the Messe Frankfurt exhibition center in Germany from  Sept. 10-14. PPG will highlight the latest advances in digital tools and sustainable technologies on the fifth anniversary of the introduction of the PPG Moonwalk automated mixing machine.Visitors will be able to get a firsthand experie ...

PPG Industries Inc. (PPG) announced that it has expanded its facilities in Petaling Jaya, Malaysia, to manufacture non-stick coatings for kitchenware, industrial bakeware and low-friction applications. This will aid PPG in meeting the surge in coatings demand in the region. Also, it will have more space dedicated to vital client services, such as a cutting-edge testing laboratory.PPG Boosts Kitchen & Bakeware Industries PortfolioThe Petaling Jaya factory now has five new production lines for waterborne and ...

PPG Industries Inc. (PPG) has signed a definitive agreement to sell its silicas product business for approximately $310 million in pre-tax proceeds to QEMETICA S.A., a privately held manufacturer of soda ash, silicates and other specialty chemicals based in Warsaw, Poland. The deal is projected to close in the fourth quarter of 2024, pending customary closing conditions. QEMETICA is a leading chemical manufacturer in Central Europe, with top-tier European production capacity for soda ash, vacuum salt and si ...

PPG Industries Inc. (PPG) has announced a collaboration with software firm Flashback Forward, Inc. to provide FinalQC, a mobile quality control application to improve efficiency in the collision repair sector. The partnership intends to transform the way collision shops operate by enhancing quality, efficiency and customer satisfaction.FinalQC enables collision and original equipment (OE)-certified collision shops to capture the full value of their repairs by detecting repair quality issues in real time. It ...

文章核心观点 - PPG公司推出了一种新型的高温喷涂绝热涂料PPG PITT-THERM 909 [1][2][3] - 该涂料可以在高达500°F的温度下持续使用,比传统的水性丙烯酸或环氧树脂涂料更耐高温 [2] - 该涂料可以减少热量传递,使外表温度降至310°F以下,大大降低了烫伤风险 [2] - 该涂料只需要涂1-2层就可以达到与竞争产品相当的总厚度,提高了施工效率 [3] - 该涂料具有良好的防腐性能,可以有效防止绝热层下的腐蚀,降低维护成本和停工时间 [4] 行业和公司相关信息 - PPG公司股价在过去一年下跌9.4%,低于行业平均下跌10.7% [5] - PPG公司预计第三季度调整后每股收益在2.10-2.20美元之间,全年调整后每股收益在8.15-8.30美元之间 [6] - 预测考虑了当前全球经济活动、不均衡的全球工业生产、汽车产量下降、欧洲需求稳定、墨西哥和印度持续增长、中国低个位数增长等因素 [6] - PPG目前评级为Zacks排名第4(卖出) - 同行业中Carpenter Technology、Eldorado Gold和Agnico Eagle Mines的股票评级较高 [7][8][9][10]

PPG Industries Inc. (PPG) recently launched PPG Primeron Optimal zinc epoxy powder primer. The patent-pending solution contains an optimal amount of zinc, resulting in higher transfer efficiency than traditional zinc-rich primers and corrosion protection that fulfills strict ISO C5 corrosivity criteria for usage in high humidity and hostile conditions.With a specific gravity of 2.0 as opposed to 3.6 for typical zinc-rich primers, PPG Primeron Optimal primer is less dense and easier to apply. With an 85% tra ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ––––––––––––––––––––––––––––––––––––––––––––––––– FORM 10-Q ––––––––––––––––––––––––––––––––––––––––––––––––– ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 1-1687 2/3 –––––––––––––––– ...

财务数据和关键指标变化 - 公司实现销售额48亿美元,创下公司历史第七个连续季度的同比利润率改善 [11] - 公司第二季度调整后每股收益为2.50美元,创历史新高,同比增长11% [11] - 公司毛利率为43%,同比提升180个基点 [18] - 公司Performance Coatings业务实现历史最高利润率18.7% [18] - 公司Industrial Coatings业务利润率同比提升120个基点 [18] - 公司存货同比下降90个基点,已接近疫情前水平 [24] - 公司第三季度预计调整后每股收益2.10-2.20美元,中值同比增长4% [28] 各条业务线数据和关键指标变化 - 6个业务部门实现正增长,体现公司企业增长战略的成效 [13] - 公司航空业务需求持续强劲,产能利用率接近满负荷 [51][124] - 公司汽车修补涂料业务预计将在下半年强劲反弹 [27][85] - 公司包装涂料业务持续获得市场份额,有望保持增长势头 [149] - 公司交通解决方案业务通过优化服务和供应能力实现改善 [15] 各个市场数据和关键指标变化 - 墨西哥、中国和印度市场表现良好,抵消了欧洲和全球汽车OEM产量下滑的影响 [16] - 欧洲市场需求仍然参差不齐,但预计将实现适度的同比改善 [26][45] - 中国市场需求预计将实现增长,得益于公司技术优势产品 [26] - 美国和加拿大建筑涂料业务表现良好,中单位数增长 [59] 公司战略和发展方向及行业竞争 - 公司正在积极推进建筑涂料美国/加拿大业务和硅酸盐产品业务的战略评估 [22][62] - 公司正在通过提升制造能力、优化业务模式等方式实施企业增长战略 [13][15] - 公司将继续推动利润率改善,包括通过销量增长、制造效率提升和成本控制等措施 [31] - 公司看好航空、汽车修补、包装和交通解决方案等业务的增长前景 [51][85][149][15] 管理层对经营环境和未来前景的评论 - 宏观经济环境日益严峻,但公司正在建立销售增长势头 [12] - 欧洲和全球汽车OEM产量低于预期,拖累了第二季度整体业绩 [16][39][40] - 公司对下半年汽车修补涂料业务和中国市场需求保持乐观 [27][26] - 公司预计第三季度原材料成本将实现低单位数通胀,有利于利润率改善 [30] 其他重要信息 - 公司发布了2023年ESG报告,展示了在可持续发展目标方面的进展 [21] - 公司通过股票回购和增加股息等方式持续回报股东 [25] - 公司正在提升工作资本管理,存货水平已接近疫情前水平 [24] 问答环节重要的提问和回答 问题1 **John McNulty 提问** 对于建筑涂料美国/加拿大业务的战略评估,是否更倾向于出售而非其他方式 [34][35] **Timothy Knavish 回答** 公司收到了多种不同交易方式的兴趣,包括出售、合资等,目前还为时尚早,需要进一步评估 [35][77] 问题2 **Duffy Fischer 提问** 公司第二季度汽车OEM业务表现低于预期的原因 [38] **Timothy Knavish 回答** 主要是由于公司在欧洲的业务占比较大,以及中国某些客户出于谨慎态度而减产 [39][40] 问题3 **Ghansham Panjabi 提问** 公司第二季度整体销量持平但利润率大幅提升的主要驱动因素 [43][44] **Timothy Knavish 回答** 主要得益于6个业务部门实现正增长,以及持续推进制造效率和成本控制等措施 [47][48]