PPG STEELGUARD 652 Fire Protection Launched in North America

Core Insights - PPG Industries has introduced PPG STEELGUARD 652, a high-performance, water-based intumescent coating for interior structural steelwork in North America, enhancing its fire protection portfolio [1][8] Product Features - PPG Steelguard 652 provides up to two hours of cellulosic passive fire protection and is UL 263 certified, ensuring compliance with industry standards [2][8] - The product's low volatile organic compound (VOC) formulation promotes sustainable construction practices and allows for easy application using airless spray equipment [2] - Engineered for long-term performance, Steelguard 652 offers up to 20 years of protection, characterized by low certified thickness, high bond strength, and strong impact resistance [3] Financial Performance - PPG's stock has increased by 4.7% over the past year, contrasting with a 0.9% decline in the industry [5] - The company anticipates adjusted earnings per share of $7.70 to $8.10 for the full year 2026, amid soft global industrial production and mixed regional demand [6] - Organic sales are expected to show flat to low single-digit percentage growth for the year, with earnings per share weighted towards the second half of 2026 [6] Market Position - PPG currently holds a Zacks Rank of 4 (Sell), while competitors like Coeur Mining, Albemarle Corporation, and Avino Silver & Gold Mines have better rankings [7][9]