Daily News

Mexichem to buy HDPE pipe maker Dura-Line for US$630 million

Mexico-based PVC pipe and specialty chemicals maker Mexichem SAB de CV is acquiring plastic pipe maker Dura-Line Corporation from private equity firm CHS Capital for US$630 million.
Aug 20, 2014 11:19AM

Thermo Fisher completes sale of lab equipment maker Cole-Parmer

Testing equipment manufacturer Thermo Fisher Scientific Inc. has completed the sale of its Cole-Parmer customer channel business to private equity firm GTCR LLC for approximately US$480 million in cash.
Aug 19, 2014 11:32AM

Canada's manufacturing sales grew in June: StatsCan

Despite a decline in the auto sector, manufacturing sales in Canada rose 0.6 per cent in June to $52 billion, according to new figures from Statistics Canada – the fifth increase in six months.
Aug 18, 2014 2:55PM

Three Italian machinery makers partner to market in North America

Three Italian plastic machinery manufacturers are partnering with an American automation equipment supplier and sales rep to create a new network of companies that will market equipment in Canada, the U.S. and Mexico.
Aug 18, 2014 12:59PM

Chemical supplier Sukano AG has new CEO

Masterbatch and specialty compound maker Sukano AG has appointed Michael de Braaf as its new CEO.
Aug 16, 2014 2:13PM

Sony to sell its recycled PC on open market

Starting this fall, Japan-based consumer products giant Sony Corporation will have a new side-business: selling recycled plastics.
Aug 15, 2014 12:52PM

Lorenz Conveying Products makes Profit 500 list of fastest growing companies

Ontario-based Lorenz Conveying Products has made the Profit 500 list of Canada’s fastest growing companies.
Aug 15, 2014 12:02PM

Lessons from Portugal's improved moldmaking industry

Go back 30 years and many of Canada’s moldmakers and plastics processors probably had at least one or two Portuguese companies as go-to contacts on their rolodexes. With a centuries-old glass making tradition that crossed naturally over...
Aug 15, 2014 11:06AM

Mucell Extrusion technology hits US$100 million in annual sales

For the first time in its history, plastics technology provider MuCell Extrusion LLC has reached sales of US$100 million over a 12 month period.
Aug 13, 2014 2:32PM

Lanxess expanding plastics production in U.S.

Specialty chemical maker Lanxess AG is making a US$15 million expansion at its high-tech plastics compounding facility in Gastonia, N.C.
Aug 13, 2014 1:18PM

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