NEW YORK, March 14, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting PPG Industries, Inc. (NYSE: PPG), PolyOne Corporation (NYSE: POL), Westlake Chemical Corporation (NYSE: WLK), Cytec Industries Inc. (NYSE:CYT), and Green Plains Renewable Energy, Inc. (NASDAQ: GPRE). 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
In August 2012, the Obama administration announced new fuel efficiency standards for US cars and light trucks. The new standards indicate that these vehicles must average 54.5 miles per gallon, nearly double the average fuel efficiency today, by the year 2025. To reach this target, researchers at PPG are developing technologies to help increase fuel efficiency. Funded by the US Department of Energy, PPG kicked off a three-year project to develop pretreatment and electrocoat technologies for the next generation of magnesium alloys, which are considered as an enabler for improving fuel economy. The company believes that this three-year project will ensure that PPG will continue to be a market leader in automotive pretreatments and electrodeposition primers. 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.investors-alliance.com/r/full_research_report/b4d7_PPG]
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PolyOne Corporation Research Report
Shareholders of Spartech have approved the merger agreement pursuant to which PolyOne will acquire Spartech, completed on March 13. The acquisition further strengthens PolyOne's Specialty Platform by enabling the company to better serve customers with adjacent technologies in attractive end markets. By the end of the third year after the acquisition, Spartech is expected to deliver annual synergies of $65 million. The Full Research Report on PolyOne Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/80c5_POL]
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Westlake Chemical Corporation Research Report
Under a definitive agreement with CertainTeed, Westlake Chemical acquires its Pipe and Foundation Group (PFG) for a purchase price of $175 million in cash, including $22 million of working capital, with closing adjustments. The transaction is expected to be completed in the second quarter of 2013, subject to standard closing conditions. The acquisition of PFG includes the PVC pipe, fittings, profiles, and foundations business and associated facilities with production capacity of around 150 million pounds annually. Westlake Chemical will also acquire technologies and intellectual properties for the production of specialized products. The acquisition is seen to enhance the company's North American pipe and building products portfolio. The Full Research Report on Westlake Chemical Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f97d_WLK]
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Cytec Industries Inc. Research Report
For the fourth quarter of 2012, Cytec's Engineered Materials and In Process Separation segments performed well, delivering higher selling volumes and prices as compared to the same period in 2011. Sales in continuing operations were up 27 percent, primarily due to the acquisition of Umeco. For the first quarter of 2013, the company remains on track for the close of its Coating Resins business divestiture and is waiting for final regulatory approvals. Fourth quarter net earnings of Cytec came in at $45.8 million or 99 cents per share. Assuming the completion of the Coating Resins business on March 31, the company's full year 2013 guidance for EPS for continuing operations is between $4.70 and $4.95 on sales from continuing operations of approximately $2 billion. The Full Research Report on Cytec Industries Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/39ec_CYT]
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Green Plains Renewable Energy, Inc. Research Report
Beating the estimates for its fourth quarter results, Green Plains went up five percent on 1.03 million shares traded. The company achieved net income of $33 million, or 94 cents per share for the fourth quarter and $11.8 million, or 39 cents per share for the full year. All of Green Plains' business segments reported positive operating income, demonstrating the effectiveness of its low cost platform and risk management abilities. The fourth quarter and full year results positions the company for the future to take advantage of growth and diversification opportunities, as well as to continue to withstand the cyclicality of its business. In 2013, Green Plains expects to generate $60 million of non-ethanol operating income. The Full Research Report on Green Plains Renewable Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7b74_GPRE]
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SOURCE Investors-Alliance