Paints & Coatings: Demand Grows as Costs Rise

Paints and coatings makers are more optimistic about growth prospects than in recent years as the construction business in North America starts to show signs of recovery and industrial end-markets, particularly automotive, are going strong. However, prices for titanium dioxide and other raw materials continue their upward climb, putting pressure on margins.The first quarter of 2012 has seen generally good news from paints and coatings companies. PPG Industries and Sherwin-Williams each announced positive earnings-guidance surprises earlier this month: PPG...

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