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4-Traders Homepage  >  Equities  >  Nyse  >  Owens Corning    OC

Delayed Quote. Delayed  - 09/29 10:02:04 pm
52.98 USD   -2.40%
09/27 OWENS CORNING : to Present Four Sessions at CAMX Show in Anaheim
09/16 OWENS CORNING : Declares Third-Quarter 2016 Dividend
09/16 OWENS CORNING : Rush Springs takes shape
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Owens Corning : to Present Four Sessions at CAMX Show in Anaheim

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09/27/2016 | 02:01pm CEST

Composites experts from Owens Corning (NYSE:OC), a leading global producer of glass fiber reinforcements for composite systems, will deliver four presentations at CAMX, the Composites and Advanced Materials Expo to be held this week in Anaheim, California. In addition, the company’s booth will feature products and solutions for a range of applications serving the automotive, building and construction, infrastructure and industrial sectors.

“Owens Corning is committed to delivering performance for growth through composite solutions that expand possibilities for customers in a wide range of global markets and applications,” said Arnaud Genis, president of Owens Corning’s Composite Solutions Business. “Our technical presentations and presence at CAMX provide a valuable forum for sharing the benefits of our customer-inspired products and solutions, and leveraging opportunities to grow the adoption and impact of composites.”

CAMX 2016 will take place September 27-29 in Anaheim, at the Anaheim Convention Center. Owens Corning is located in booth M30 in the exhibit hall.

The presentations to be delivered by Owens Corning composites experts include:

Reinforcements of Concrete – Next Frontier for Composites. Global Product Manager Mikhail Vorobiev will discuss the benefits of glass fiber reinforced polymers (GFRP) as a replacement for steel reinforcements to improve durability and corrosion issues associated with reinforced concrete structures. GFRP benefits include corrosion resistance, light weight, enhanced strength, and long service life, making it a key solution for future composite growth aligned with a number of megatrends impacting the infrastructure market. Tuesday, Sept. 27, 2:30 p.m. to 3:15 p.m. PT (Room 207A).

Where Glass Reinforcements Can Create Value for Low- and High-Pressure Pipe Manufacturers. Global Product Manager Bryan Minges will share examples of how improved reinforcement solutions can help create value for low- and high-pressure pipe manufacturers in application development, pipe design optimization, and manufacturing efficiency. The presentation will address opportunities for composites growth driven by improved performance, new application development, and lower operating cost for filament winding applications supporting the water distribution, petrochemical, infrastructure, marine transportation, and power and energy sectors. Wednesday, Sept. 28, 8 a.m. to 8:45 a.m. PT (Room 210C).

How to Grow SMC Technology Applications. Dr. Sanghamitra Sircar, Global Product Manager for SMC, will share her perspective on the renaissance of sheet molding compound (SMC) as a solution for a variety of applications to address opportunities in the global industrial, building and automotive markets. The presentation will discuss major markets and drivers for SMC, as well as the range of glass fiber solutions and unique modeling capabilities that can help the industry think differently about part optimization based on material and design enhancements. Thursday, Sept. 29, 11 a.m. to 11:45 a.m. (Room 207C).

Creating Shared Value & Competitive Advantage for Composites Through Sustainability. Jesus Hernandez-Torres, Senior R&D Leader, Product Stewardship and Sustainability, will discuss opportunities to grow the adoption and impact of composites in a variety of industries by leveraging the environmental benefits of transitioning from conventional materials to composites. The presentation will explore how sustainability can serve as a differentiator in recycling, product transparency, materials health, carbon neutral products, and material substitution. Thursday, Sept. 29, 2:30 p.m. to 3:15 p.m. (Room 207D).

Now in its third year, CAMX is billed as the premier North American event for showcasing composites and advanced materials products, solutions, and thinking. The conference program is scheduled for Sept. 26-29. Event exhibits will be open Sept. 27-29.

About Owens Corning

Owens Corning (NYSE:OC) develops, manufactures and markets insulation, roofing, and fiberglass composites. Global in scope and human in scale, the company’s market-leading businesses use their deep expertise in materials, manufacturing and building science to develop products and systems that save energy and improve comfort in commercial and residential buildings. Through its glass reinforcements business, the company makes thousands of products lighter, stronger and more durable. Ultimately, Owens Corning people and products make the world a better place. Based in Toledo, Ohio, Owens Corning posted 2015 sales of $5.4 billion and employs about 16,000 people in 25 countries. It has been a Fortune 500® company for 62 consecutive years. For more information, please visit www.owenscorning.com.


© Business Wire 2016
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Financials ($)
Sales 2016 5 633 M
EBIT 2016 716 M
Net income 2016 380 M
Debt 2016 1 945 M
Yield 2016 1,32%
P/E ratio 2016 16,71
P/E ratio 2017 14,71
EV / Sales 2016 1,45x
EV / Sales 2017 1,32x
Capitalization 6 229 M
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Mean consensus HOLD
Number of Analysts 20
Average target price 55,9 $
Spread / Average Target 3,1%
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Michael H. Thaman Chairman, President & Chief Executive Officer
Michael C. McMurray Chief Financial Officer & Senior Vice President
Steven Zerby Chief Information Officer & Vice President
James J. McMonagle Independent Director
W. Howard Morris Independent Director
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