Sustainable Solutions, New Licensing Contracts, Acquisitions, and Improved Segment Performances - Research Report on PPG, Sigma-Aldrich, Huntsman, Valspar, and Chemtura
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NEW YORK, June 17, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting PPG Industries Inc. (NYSE: PPG), Sigma-Aldrich Corporation (NASDAQ: SIAL), Huntsman Corporation (NYSE: HUN), The Valspar Corporation (NYSE: VAL), and Chemtura Corporation (NYSE: CHMT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
PPG Industries Inc. Research Report
On June 10, 2013, PPG Industries Inc. (PPG) announced that its fiber glass business is helping its customer Ershigs support the first grid-connected offshore wind turbine in U.S. waters, deployed on May 31, 2013 near Brewer, Maine, by the University of Maine as leader of the DeepCwind Consortium. The prototype turbine, called VolturnUS 1:8, is part of a program aimed at reducing the cost of offshore wind energy to compete better with other forms of electricity generation. Kevin McDonald, PPG General Manager of Fiber Glass Reinforcements, said, "One of our primary goals as a fiber glass supplier is to help our customers deliver solutions that meet the demands of the marketplace. Our collaboration with Ershigs on this project enables each of us to contribute to the development and advancement of composite use in the renewable energy industry." The Full Research Report on PPG Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/7d48_PPG]
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Sigma-Aldrich Corporation Research Report
On June 4, 2013, Sigma-Aldrich Corporation (Sigma-Aldrich) announced that SAFC Commercial, its custom manufacturing services business unit, has won commercial sales and licensing contracts with two leading Asian biopharmaceutical companies for the purchase of CHOZN, their off-the-shelf cell line production platform. The CHOZN Platform consists of the CHOZN GS-/- CHO cell line and an optimized set of cGMP-produced, chemically defined media and feeds designed specifically for the cell line to maximize the production of monoclonal antibodies and other r-proteins. "We are seeing a great deal of interest in our CHOZN Platform in Asia as numerous pharmaceutical companies in the region are looking to enter this market," said Dr. Kevin Kayser, Director of the CHOZN Platform for SAFC. "Going forward, we expect to see increased engagement throughout the region based on our ability to accelerate upstream development timelines to positively impact the potential profitability of biotherapeutic products." The contracts feature the CHOZN Platform system as a key component of each customer's global biotherapeutic commercialization strategy. The Full Research Report on Sigma-Aldrich Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/73ec_SIAL]
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Huntsman Corporation Research Report
On June 6, 2013, Huntsman Corporation (Huntsman) announced the appointment of David Stryker as Executive Vice President, General Counsel and Secretary, effective June 10, 2013. Mr. Stryker was with BASF Corporation for nine years, working as the Senior Legal, Compliance and Government Affairs Officer in North America, and sitting on the North America Executive Committee (the region's managing board). Previously, he served as the Associate General Counsel and Chief Compliance Officer at Siemens Corporation and, prior to that, a Partner at Kirkland & Ellis. Mr. Stryker started his legal career as a judicial clerk to the Honorable Robert H. Bork on the Circuit Court of Appeals for the D.C. Circuit. The Full Research Report on Huntsman Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/0154_HUN]
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The Valspar Corporation Research Report
On June 4, 2013, The Valspar Corporation (Valspar) announced a definitive agreement to acquire Inver Holding S.r.l. (Inver Group), a leading industrial coatings manufacturer in Europe. "Consistent with the growth strategy for our industrial coatings business, the acquisition of Inver Group significantly strengthens our position in the large and attractive European coatings market and provides operational synergies with our existing operations," said Gary Hendrickson, Valspar's Chairman and Chief Executive Officer. "Inver's strong product portfolio and customer focus have successfully delivered results through numerous business cycles. With Inver, we gain a proven leadership team that is a strong fit with Valspar's culture. Our customers will benefit from the expanded technologies and service we will provide together." The transaction is expected to close in Q4 FY 2013. The Full Research Report on The Valspar Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/fe2c_VAL]
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Chemtura Corporation Research Report
On June 6, 2013, Chemtura Corporation (Chemtura) announced its Q2 2013 segment performance and its current outlook for the quarter. Craig A. Rogerson, Chairman, President and Chief Executive Officer of Chemtura, commented, "With the first two months of the quarter behind us, we are seeing similar trends in performance to those we saw in the first quarter of 2013. Three of our four segments are performing well and are tracking to deliver comparable results to the second quarter of 2012. However, Industrial Engineered Products continues to face challenging business conditions." The three well-performing segments include Industrial Performance Products, Consumer Products, and Chemtura AgroSolutions. Mr. Rogerson concluded, "With the weakness in Industrial Engineered Products, we now project to fall short of our performance in the second quarter of 2012 on a continuing operations basis. We are encouraged that the performance of this segment appears to be 'bottoming' this quarter and anticipate improving results over the second half of 2013." The Full Research Report on Chemtura Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/5376_CHMT]
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SOURCE Wall Street Reports
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