Core Viewpoint - PPG has launched a new non-methanol hard coating for ophthalmic lenses, addressing regulatory changes while ensuring durability performance [1] Company Summary - PPG introduced the PPG HI-GARD® Non-Methanol hard coating specifically for 1.5 standard index ophthalmic lenses [1] - The new formulation serves as a drop-in replacement for traditional methanol-based coatings, allowing prescription lens manufacturers to comply with evolving regulations [1] - The PPG Hi-Gard Non-Methanol coating provides the same level of scratch-resistant protection for plastic lens materials as its predecessors [1]

Company Overview - PPG Industries, Inc. has a market capitalization of approximately $25 billion and is a global leader in paints, coatings, and specialty materials, serving various industries including automotive, aerospace, packaging, industrial equipment, and construction [1] - The company operates through three main segments: Global Architectural Coatings, Performance Coatings, and Industrial Coatings, providing innovative products across more than 70 countries [2] Stock Performance - PPG stock has decreased by 19.3% from its 52-week high of $137.24 and has fallen 1.2% over the past three months, underperforming the Materials Select Sector SPDR Fund (XLB), which rose by 3.7% in the same period [3] - Year-to-date, PPG stock is down 7.3%, while XLB has gained nearly 9%, and over the past 52 weeks, PPG shares have declined by 11.8%, contrasting with XLB's marginal drop [4] Financial Performance - On July 29, PPG Industries reported revenue of $4.2 billion, exceeding expectations, but shares fell by 5.3% the following day due to a profit decline to $450 million [5] - The adjusted EPS of $2.22 matched estimates but decreased from $2.35 in the prior-year quarter, with segment weaknesses noted, including a 5% sales drop in Global Architectural Coatings and a 5% decline in Industrial Coatings [5] Competitive Landscape - Rival Sherwin-Williams Company has outperformed PPG, with its shares rising by 5.9% year-to-date and dropping 3.7% over the past 52 weeks [6] - Despite PPG's underperformance, analysts maintain a moderately optimistic outlook, with a consensus rating of "Moderate Buy" and a mean price target of $128.50, representing a 16.1% premium to current levels [6]

中化新网讯 9月5日，由PPG独家冠名赞助的第十六届全国石油和化工行业职业技能竞赛暨2025年第五 届"PPG大师"杯全国艺术涂料涂装工职业技能竞赛决赛圆满落幕。经过全国预赛海选，众多优秀的选手 晋级决赛。最终8位选手分别获得了"PPG大师"杯竞赛的金银铜奖及石化行业能手称号。 PPG亚太区总裁聂笑冰表示："我们深知技能人才是推动产业升级和新质生产力的重要基石，我们很自 豪能够通过赛事支持新生代工匠的成长，推动行业人才梯队建设。未来，PPG将继续携手政府、协会和 教育机构，通过赛事、培训和合作，让工匠精神在青年一代中不断传承与升华。" 本次赛事是PPG连续第二年赞助这一全国性技能大赛，进一步彰显其在推动行业人才专业技能培养方面 的长期承诺。作为一家全球领先的涂料供应商，PPG在全球范围内积极投入到职业教育和技能人才的培 育中。在中国，PPG通过设立高校奖学金、资助就业指导课程以及赞助行业技能赛事等多个维度，持续 加大在人才支持和培养领域的投入。 ...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced its inclusion in TIME Magazine's World's Best Companies list. The list ranks the top 1,000 global employers that are forging a path into the future. "At PPG, our 43,000 employees work every day to 'protect and beautify the world' by providing our customers with innovative paints, coatings and specialty products,†said Bryan Iams, PPG vice president and chief communications officer. "We are honored to be recognized by TIME Magazine for. ...

PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today announced Patrick O'Neill, PPG global synthesis and pilot director, was recognized with a Lifetime Achievement Award from Paints and Coatings Industry (PCI) Magazine. This award recognizes individuals for their outstanding contributions to the coatings industry and is presented at the Coatings Trends & Technologies Summit. "At PPG, we're proud to develop industry-leading scientists that are able to translate advanced innovations into custome. ...

Core Viewpoint - PPG Industries has shown a positive stock performance of approximately 5.5% since its last earnings report, outperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1]. Financial Performance - PPG Industries reported Q2 2025 profit of $450 million, or $1.98 per share, a decrease from $493 million, or $2.09 per share, in the same quarter last year [2]. - Adjusted earnings per share, excluding one-time items, fell to $2.22 from $2.35 year-over-year, meeting the Zacks Consensus Estimate [2]. - Revenues for the quarter were approximately $4.19 billion, down 1% year-over-year, but exceeded the Zacks Consensus Estimate of $4.13 billion [3]. Segment Review - The Global Architectural Coatings segment experienced a 5% year-over-year decline in sales to $1.02 billion, surpassing estimates of $1 billion, primarily due to the divestiture of the architectural coatings business in Russia and lower sales volumes, partially offset by higher selling prices [4]. - The Performance Coatings segment saw a 7% year-over-year increase in sales to $1.51 billion, exceeding estimates of $1.44 billion, driven by a 6% rise in organic sales and increases in selling prices and volume [5]. - The Industrial Coatings segment's sales declined 5% year-over-year to $1.67 billion, surpassing estimates of $1.63 billion, mainly due to the divestiture of the silicas products business in late 2024 [6]. Financial Position - As of the end of the quarter, the company had $1.56 billion in cash and cash equivalents, with net debt increasing to $5.7 billion, up $479 million from the prior year [7]. Outlook - The company maintained its full-year 2025 adjusted earnings per share guidance of $7.75 to $8.05, supported by continued market share gains and internal improvement initiatives, while considering current global economic conditions and varied demand trends [8]. - Recent estimates for the stock have shown a downward trend, indicating a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the coming months [12]. Industry Comparison - PPG Industries operates within the Zacks Chemical - Specialty industry, where RPM International, a peer, has gained 6% over the past month, reporting revenues of $2.08 billion for the last quarter, reflecting a year-over-year increase of 3.7% [13].

Company Overview - PPG Industries is based in Pittsburgh and operates in the Basic Materials sector, with a year-to-date share price change of -4.34% [3] - The company currently pays a dividend of $0.71 per share, resulting in a dividend yield of 2.49%, which is significantly higher than the Chemical - Specialty industry's yield of 0.87% and the S&P 500's yield of 1.49% [3] Dividend Performance - PPG Industries has an annualized dividend of $2.84, reflecting a 6.8% increase from the previous year [4] - Over the past five years, the company has raised its dividend five times, achieving an average annual increase of 5.52% [4] - The current payout ratio for PPG Industries is 35%, indicating that it distributes 35% of its trailing 12-month earnings per share as dividends [4] Earnings Growth and Investment Appeal - The Zacks Consensus Estimate for PPG's earnings per share in 2025 is $7.88, which represents a year-over-year growth rate of 0.13% [5] - PPG is considered a compelling investment opportunity due to its strong dividend profile and current Zacks Rank of 3 (Hold) [6]

Core Insights - The "2025 Global Industrial Paint Brand Top 30" list was published by Coatings World, ranking brands based on their industrial paint sales revenue for the fiscal year 2024, with a minimum entry threshold of $260 million [1][10] - The total sales revenue of the listed companies reached $53.9394 billion, accounting for 51.60% of the global industrial paint market [1][10] - The top ten brands generated a total sales revenue of $44.068 billion, a decrease of $2.989 billion from the previous year, representing 42.17% of the global market share, down 1.89 percentage points [1][15] Market Overview - The global industrial paint market is valued at approximately $104.5 billion in 2024, showing a decline compared to the previous year [3] - The market remains fragmented, with a CR10 of less than 43%, indicating no monopoly [17] - High concentration exists in specific segments such as automotive, marine, and aerospace coatings, with the top 10 brands holding 89% and 92% of the respective markets [17] Brand Performance - PPG Industries leads the ranking with sales of $10.9 billion, followed by Sherwin-Williams at $8.05 billion and AkzoNobel at $6.731 billion [12][14] - Other notable brands include Axalta, BASF, Nippon Paint, Kansai, Jotun, and Hempel, with revenues ranging from $5.276 billion to $2.623 billion [14][24] - Chinese brands such as Xiangjiang Paint, Dewey, and Megachem have made significant strides, with Xiangjiang Paint maintaining its position as the top Chinese brand at $530.7 million [21][22][23] Regional Distribution - The majority of top brands are located in developed countries, with the U.S. having six brands, Japan five, and Germany four [18] - China's industrial paint sector is robust, with a total revenue of approximately 408.903 billion yuan ($56.4 billion) in 2024, with industrial paint accounting for over 70% [20] Financial Highlights - PPG's industrial paint revenue decreased by 5.7% to $6.687 billion, while Sherwin-Williams' industrial paint revenue grew by 0.63% to approximately $8.0503 billion [3][4] - AkzoNobel's industrial paint revenue fell by 2% to $2.036 billion, while other brands like Kansai and Jotun reported growth in their industrial paint segments [4][6][7] - Megachem reported a remarkable growth of 87.56% in revenue, reaching $2.139 billion, driven by strong demand in the container paint market [23]

Core Insights - PPG Industries is experiencing challenges due to demand weakness, particularly in Europe, but is benefiting from cost discipline, acquisitions, and pricing actions [1][6][9] Financial Performance - PPG's second-quarter adjusted earnings were $2.22 per share, matching estimates but down from $2.35 a year earlier [1] - The company reported a roughly 1% decline in revenue, with higher sales in the Performance Coatings unit offset by declines in Global Architectural Coatings and Industrial Coatings segments [1] Cost Management and Restructuring - PPG is implementing a cost-cutting and restructuring strategy, realizing an additional $20 million in structural cost savings in Q2 2025, with expectations of around $60 million in total savings for the full year [2][9] - A comprehensive cost reduction program is expected to deliver annualized pre-tax savings of approximately $175 million once fully implemented, focusing on structural costs mainly in Europe [3] Acquisitions and Growth Strategy - The company is pursuing inorganic growth through acquisitions, including Tikkurila, Worwag, Cetelon, and Arsonsisi's powder coatings business, which are expected to contribute positively to its revenue [4][9] Shareholder Returns - PPG has a strong track record of returning cash to shareholders, having returned $1.4 billion in 2024 through dividends and share buybacks, with a quarterly dividend increase of 4% in July 2025 [5] Market Challenges - The company faces challenges from soft global industrial production, particularly affecting the Industrial Coatings segment, with lower automotive OEM build rates and weak consumer confidence in Europe [6][8] - Demand in the Global Architectural Coatings segment fell by 5% due to lower sales volumes and weaker consumer confidence in Europe [8] Future Outlook - PPG maintains its full-year 2025 adjusted earnings per share guidance of $7.75 to $8.05, supported by share gains and internal improvement initiatives despite current economic conditions [9]

Core Insights - PPG Industries Inc. has entered into a new authorized distributor partnership with GPA to expand the distribution of PPG TESLIN substrate for commercial printing and label applications [1][7] - The collaboration enhances the availability of PPG Teslin synthetic paper solutions, which are known for their durability and reduced plastic content [2][7] Company Developments - PPG Teslin substrates are designed for long-lasting performance in commercial printing and pressure-sensitive label applications, featuring strong bonding and high versatility [2][3] - The partnership with GPA aims to help clients achieve their business objectives by leveraging the unique performance qualities of Teslin substrates [3] Financial Performance - PPG's shares have decreased by 7.7% over the past year, contrasting with a 0.3% increase in its industry [5] - The company has maintained its full-year 2025 adjusted earnings per share guidance at $7.75 to $8.05, supported by market share gains and internal improvements [6]