PPG Intros New Duranar Coating - Analyst Blog

The industrial coatings business unit of PPG Industries Inc. PPG has introduced a new product under its Duranar brand and exhibited a wide range of fluoropolymer coatings products in a recently held seminar on Duranar coatings at the Hong Kong International Commerce Centre (ICC).

PPG Industries' newly introduced marble-effective coating is capable of producing vivid granite aluminum plates that may replace natural resources with superior safety and environmental benefits. The company also shared its 2014 architectural color trends and advanced technologies with industry experts at the seminar in China.

More than 100 building owners, designers, architectural consultants and members of the Curtain Wall Association attended the seminar. PPG Industries is committed to provide the best solutions for building protection to its Chinese customers and it plans to do so by setting up a quality-control system that ensures high performance of its products.

PPG Industries' fluoropolymer coatings, which were introduced more than four decades ago for use in the construction market, are renowned for their durability, outstanding resistance to chalking and fading and colorfastness unmatched in the industry. These coatings also minimize maintenance and repainting costs, and they are well-suited for use on doors, window frames, curtain walls, decorative plates of landmark buildings and in other architectural applications.

Duranar coatings of PPG are formulated with three components. The first one is a proprietary resin, a polyvinylidene fluoride (PVDF) fluoropolymer resin and the second component is proprietary PPG pigments and the third is solvents. On applying Duranar coatings, one can achieve performance advantages of superior corrosion resistance, exceptional chemical, humidity and salt spray resistance and remarkable flexibility to cope with temperature-related expansion and contraction.

PPG Industries, which carries a Zacks Rank #3 (Hold), will release its first-quarter 2014 results before market opens on Apr 17.

Other companies in the chemical industry worth considering include Methanex Corp. MEOH, Olin Corp. OLN and The Dow Chemical Co. DOW. While Methanex holds a Zacks Rank #1 (Strong Buy), both Dow and Olin carry a Zacks Rank #2 (Buy).