Melco Resorts & Entertainment Ltd
Change company Symbol lookup
Select an option...
MLCO Melco Resorts & Entertainment Ltd
WMT WALMART STORES INC
DX Dynex Capital Inc
BMO Bank of Montreal
FPRX Five Prime Therapeutics Inc
VTR Ventas Inc
PENN Penn National Gaming Inc
SUN Sunoco LP
SWKS Skyworks Solutions Inc
VOO Vanguard S&P 500 ETF
Go

Consumer Discretionary : Hotels, Restaurants & Leisure |
Based in Hong Kong
Company profile

Melco Resorts & Entertainment Limited, formerly Melco Crown Entertainment Limited, is a holding company. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. It is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines. Its segments include City of Dreams, Altira Macau, Studio City, Mocha Clubs, City of Dreams Manila, and Corporate and Others. It has over three casino based operations in Macau, namely, City of Dreams, Altira Macau and Studio City, and non-casino based operations in Macau at its Mocha Clubs. It also has a casino based operation in the Philippines, City of Dreams Manila. It is developing the fifth hotel tower at City of Dreams in Cotai, Macau. Its other operations also include Taipa Square Casino, Macau operating within Hotel Taipa Square.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$14.94
Day's Change
0.31 (2.12%)
Bid
--
Ask
--
B/A Size
--
Day's High
15.14
Day's Low
14.57
Volume
(Average)
Volume:
3,032,350

10-day average volume:
3,145,804
3,032,350

PPG receives DOE funding to study coatings applications in automotive lithium-ion batteries

10:42 am ET September 16, 2020 (BusinessWire) Print

PPG (NYSE:PPG) today announced it has received funding from the U.S. Department of Energy (DOE) for research into the use of two versatile, high-output processes in the production of lithium-ion (Li-ion) battery electrodes. The three-year, $2.2 million project - one of 13 selected through a DOE initiative focused on addressing engineering challenges for advanced battery materials and devices - will be conducted in collaboration with Oak Ridge National Laboratory in Tennessee.

The goal of the PPG project, titled "High-Energy and High-Power NMP-Free Designer Electrodes with Ultra-Thick Architectures Processed by Multilayer Slot-Die Coating and Electrophoretic Deposition," is to achieve step-change improvements in production efficiency of Li-ion batteries used in automotive and commercial vehicle applications. Multilayer slot die coating and electrophoretic deposition (EPD) are highly scalable methods for applying uniform films onto a variety of substrates. PPG was the first company to commercialize cathodic EPD, an industry standard for protecting vehicle panels and components from corrosion.

As an additional benefit, the proposed processes would eliminate the use of the solvent N-Methyl-2-pyrrolidone (NMP) in producing the conductive-carbon slurry that forms cathodes for Li-ion batteries. According to a recent U.S. EPA draft risk evaluation, NMP poses an "unreasonable risk" to workers in certain conditions.

"This funding recognizes PPG's contributions to innovative battery manufacturing processes and our potential to commercialize disruptive technologies that can help accelerate the adoption of electric vehicles," said Peter Votruba-Drzal, PPG director, global research and product development, automotive, industrial, and mobility.

The project is being funded through a 50/50 cost share between PPG and DOE's Office of Energy Efficiency and Renewable Energy. The DOE funding is part of the department's Energy Storage Grand Challenge to create and sustain global leadership in energy storage utilization and exports.

PPG is helping vehicle, battery and component manufacturers accelerate the development of tomorrow's automotive energy storage solutions. The company's broad-based materials expertise covers virtually every area of Li-ion battery design and construction, helping customers boost energy density, extend service life, improve safety, increase manufacturing throughput, and reduce cost per kilowatt hour.

PPG: WE PROTECT AND BEAUTIFY THE WORLD(TM)

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers' biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $15.1 billion in 2019. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Automotive OEM Coatings

View source version on businesswire.com: https://www.businesswire.com/news/home/20200916005521/en/

SOURCE: PPG

PPG Media
Keith Rigby
Automotive OEM Coatings
+1 412-434-1718
krigby@ppg.com 
www.ppg.com

Greta Edgar
Corporate Communications
+1 724-316-7552
edgar@ppg.com 
www.ppg.com

 
comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.