PPG recently announced it was recognized by Fortune magazine on the World’s Most Admired Companies List for the 18th consecutive year. The list is comprised of the largest, best-regarded companies across 51 industries as voted on by industry peers.

PPG ranked second in the chemicals industry, claiming this spot for the third year in a row. The company also earned its highest marks in global competitiveness, people management and social responsibility.

“Being recognized again by Fortune as one of the World’s Most Admired Companies reflects the dedication of PPG people and the consistency of our performance,” says Bryan Iams, PPG vice president and chief communications officer. “Across markets and regions, our teams are focused on delivering value for customers, operating with integrity and building a company that earns trust through action year after year.”

The list was created from 685 companies in 29 countries across 51 industries. This year, 3,000 executives, directors and securities analysts responded to the survey, ranking companies on a 1-10 scale on nine factors, including innovation, people management, use of corporate assets, social responsibility, quality of management, long-term investment value, financial soundness, quality of products and services and global competitiveness.