PPG Industries Inc. (NYSE:PPG) announced that its leading brand SICO paint has unveiled its fall 2016 palette. The palette includes shades that are vibrant reds and blues, greyish greens, sun-kissed yellows, and classic black-and-white combinations.
The palette includes colors to match every taste. While choosing hues for home offices or study areas, it is also important to take into account the user’s personality and the type of work that will be done in the space before committing to a color scheme. According to Genevieve Paiement, the brand manager of SICO, if one wants stimulation, motivation or creativity, he should chose warm and cheerful hues such as reds and yellows. If someone gets distracted easily, she suggests soft, muted colors that promote concentration, such as grey-blue, grey-green, pale purple or beachy taupe. SICO paint brand’s Zen Green is a top green pick for a home office.
The brand manager offered her advice to rejuvenate the work space with the season’s palette. She recommended using a mix of two or three colors while doing a home office or study area as this sparks interest. For smaller areas, she recommends sticking to different shades of the same hue to infuse character while visually enlarging the space.
Further, Paiement recommends reserving vibrant colors for furniture and accessories to create a distinctive look for the work area. She suggests using energetic colors, such as the SICO paint brand’s Citrus yellow, on alternating desk drawers, a lamp base or the back of a bookshelf, and even inside drawers and cabinets. If the home office space is at a premium, the brand manager suggests using color tricks to visually open up the area.
PPG Industries’ adjusted earnings of $1.85 per share for the second quarter of 2016 improved 10.8% year over year. Sales in the quarter were fairly consistent with the prior-year quarter, at $4,064 million. While earnings beat the Zacks Consensus Estimate, sales lagged the same. The bottom line was primarily boosted by the successful commercialization of innovative products, strong business and cost management as well as earnings-accretive cash deployment.
PPG Industries’ shares rose 0.9% and closed at $104.73 on Aug 19.
PPG Industries currently carries a Zacks Rank #3 (Hold).
Better-ranked companies in the chemical space include Innospec Inc. (NASDAQ:IOSP) , The Chemours Company (NYSE:CC) and Innophos Holdings Inc (NASDAQ:IPHS) . All of them sport a Zacks Rank #1 (Strong Buy).
PPG INDS INC (PPG): Free Stock Analysis Report
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INNOSPEC INC (IOSP): Free Stock Analysis Report
CHEMOURS COMPNY (CC): Free Stock Analysis Report
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