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PPG INDUSTRIES, INC.

(PPG)
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PPG Uses Patented PPG Ambient Reactive Extrusion Technology to 3D Print Ramp Seals for Lockheed Martin?s C-130J Super Hercules

11/22/2021 | 10:03am EST

PPG announced that it recently supplied Lockheed Martin with sets of six custom-designed ramp seals for the aft loading ramp of the C-130J Super Hercules military tactical airlifter. This is PPG?s first commercial sale of 3D printed components. PPG created the ramp seals via additive manufacturing using a patented ambient reactive extrusion (ARE) technology called PPG ARE that results in easy-to-install parts made from PPG?s production qualified aerospace sealant. The 3D-printing process enables PPG to customize the design of various parts, such as ramp seals, for continuous process improvement while increasing sustainability. Conventional manufacturing processes involve subtractive manufacturing, which requires removal of excess materials to create the desired part. With additive manufacturing, the exact amount of material is deposited in the precise layout and design of the part, thereby reducing waste, saving energy, eliminating the rework of a manually created product and shortening the time required to bring the product to market. PPG is working with Cosine Additive to expand PPG ARE large-scale 3D printing capabilities. The first 3D printer using PPG ARE technology for commercial applications has been installed at PPG?s Application Support Center (ASC) in Los Angeles. PPG?s position as a global paint, coatings and specialty materials provider combined with the size, speed and accuracy of the PPG ARE thermoset technology in these 3D printers enable the creation of durable and functional parts that were previously difficult to produce. PPG?s global aerospace business offers coatings, sealants, adhesives, transparencies, packaging and application systems, and transparent armor, as well as chemical management and other services.


ę S&P Capital IQ 2021
All news about PPG INDUSTRIES, INC.
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Analyst Recommendations on PPG INDUSTRIES, INC.
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Financials (USD)
Sales 2021 16 671 M - -
Net income 2021 1 472 M - -
Net Debt 2021 5 275 M - -
P/E ratio 2021 26,2x
Yield 2021 1,46%
Capitalization 36 804 M 36 804 M -
EV / Sales 2021 2,52x
EV / Sales 2022 2,28x
Nbr of Employees 46 900
Free-Float -
Chart PPG INDUSTRIES, INC.
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PPG Industries, Inc. Technical Analysis Chart | PPG | US6935061076 | MarketScreener
Technical analysis trends PPG INDUSTRIES, INC.
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 155,03 $
Average target price 174,95 $
Spread / Average Target 12,9%
EPS Revisions
Managers and Directors
Michael H. McGarry Chairman & Chief Executive Officer
Vincent J. Morales Chief Financial Officer & Senior Vice President
David S. Bem CTO, Vice President-Science & Technology
Bhaskar Ramachandran Chief Information Officer & Vice President
Robert King VP-Global Operations, Industrial Segment
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