PPG Unveils Non-BPA HOBA Coatings for Aluminum Bottles

Company Overview - PPG Industries Inc. has expanded its non-bisphenol A (BPA) HOBA internal coatings line with the introduction of PPG Hoba Pro 2848 coating, aimed at the growing demand for aluminum bottle packaging for beverages [1][2] - The new coating was showcased at Paris Packaging Week and received an Aerosol and Dispensing Forum (ADF) Innovation Award [1] Product Details - PPG Hoba coatings have been utilized for five decades in aluminum aerosol cans and tubes for personal care products, and the new product targets the sustainable packaging market for beverages [2] - PPG Hoba Pro 2848 is a non-bisphenol, PFAS-NI, and non-phenolic internal liner that offers improved interior protection for various applications including personal care, beverages, pharmaceuticals, and food [3] Market Performance - PPG Industries shares have decreased by 19.3% over the past year, while the industry has seen a decline of 16.6% during the same period [4] - The company expects adjusted earnings per share (EPS) for 2025 to be between $7.75 and$8.05, indicating a 7% increase at the midpoint, excluding foreign currency translation and higher tax rates [5] Future Outlook - Annual EPS growth is anticipated to be concentrated in the second half of 2025, with expectations of more than $100 million in annualized share gains in the Industrial Coatings segment starting in the second half of this year [6]