QUOTE AND NEWS
StreetInsider.com  Jan 17  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Georgia+Gulf+%28GGC%29+Commences+%24450M+Senior+Debt+Offering/8014269.html for the full story.
StreetInsider.com  Jan 14  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Guidance/Georgia+Gulf+%28GGC%29+Expects+FY12+Revenue+In-Line/8006595.html for the full story.
StreetInsider.com  Jan 11  Comment 
This report is an intraday check of some of the more notable stocks that have hit a 52-week high or low so far today. 52-Week High: Ford Motor (NYSE: F) $14.07. Goldman Sachs added Ford to its Conviction Buy List today, seeing positive metrics...
Samurai Trader  Jan 9  Comment 
GGC is not the best example I an find, but one thing I noticed during the December correction is that the stocks that had high scores on the price relative scan pulled back with the market, but almost all of them held, in some cases to the penny,...
StreetInsider.com  Jan 7  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Upgrades/SunTrust+Robinson+Humphrey+Upgrades+Georgia+Gulf+Corp.+%28GGC%29+to+Neutral/7990693.html for the full story.
Benzinga  Dec 27  Comment 
PPG Industries (NYSE: PPG) today announced that it has commenced its exchange offer related to the split-off transaction of its commodity chemicals business. The split-off transaction is in connection with the separation and merger of Eagle Spinco...
Benzinga  Dec 21  Comment 
Georgia Gulf Corporation (NYSE: GGC) today announced that a favorable private letter ruling has been received by PPG Industries (NYSE: PPG) from the U.S. Internal Revenue Service with respect to the previously announced separation of...
Market Intelligence Center  Dec 21  Comment 
Georgia Gulf Corp. (NYSE: GGC) closed Thursday's trading session at $43.74. In the past year, the stock has hit a 52-week low of $18.41 and 52-week high of $47.17. Georgia Gulf (GGC) stock has been showing support around $42.82 and resistance in...
Market Intelligence Center  Dec 17  Comment 
Georgia Gulf Corp. (NYSE: GGC) closed Friday's trading session at $42.77. In the past year, the stock has hit a 52-week low of $17.42 and 52-week high of $47.17. Georgia Gulf (GGC) stock has been showing support around $41.82 and resistance in the...
StreetInsider.com  Dec 11  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Dividends/Georgia+Gulf+Corp.+%28GGC%29+Declares+%240.08+Quarterly+Dividend%3B+0.7%25+Yield/7940719.html for the full story.




 
TOP CONTRIBUTORS

Georgia Gulf Corporation is a leading North American manufacturer and international marketer of two integrated chemical product lines, chlorovinyls and aromatics. Key products are chlorine, caustic soda, VCM, PVC, cumene, phenol and acetone. In October 2006, the company completed the acquisition of Royal Group, a leading supplier of vinyl-based building and home improvement products. Under the Royal Group brand, Georgia Gulf manufactures a complete line of custom and other vinyl-based building and home improvement products. The company's sales are entirely in the US and Canada.

The company is suffering from potentially overpaying for Royal Plastics, a company that makes vinyl-based housing products. The poor housing market has hurt the company. Housing starts are expected to drop by 15-20% in 2007. The $1.5 billion acquisition resulted in a $1.5 billion increase in debt. The company recently renegotiated its debt compliance (leverage and interest coverage) ratios, as the company is in danger of non-compliance.

The start-up of new PVC capacity by Shintech is likely to worsen conditions in an oversupplied market. Shintech intends to add 1.3 billion pounds of PVC capacity in 2007, an increase of more than 7.5%. This will drop industry operating rates from 89% to 84%. The phenol business has been under pressure in recent years due to Asian increases in capacity that has reduced export volumes. Operating rates remain rather low in this business, at 83%. Operating rates are low in the caustic/chlorine business, at 85%.




References

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