Canadian Plastics

News


September 28, 2016 News

Global packaging market to exceed $1 trillion by 2026: report

by Canadian Plastics

Aided by bold new packaging designs, the global packaging market is set to rise at a compound annual growth rate (CAGR) of 3.8% from US$806.3 billion in 2016 to more than US$1 trillion in 2026, a new report is forecasting.

September 28, 2016 News

Ontario cancels 1,000 megawatts of new wind and solar projects

by Canadian Plastics

The decision is designed to help keep rising consumer hydro rates in check.

September 28, 2016 News

SPE awards Noel Tessier for thermoforming technology accomplishments

by Canadian Plastics

The Society of Plastics Engineers (SPE) Thermoforming Division has awarded industry veteran Noel Tessier with its Lifetime Achievement award. Tessier, a founding director of Attleboro, Mass.-based thermoforming tooling materials supplier CMT Materials Inc., is a materials scientist with over 35

September 27, 2016 News

Magna to acquire BOCO Group

by Canadian Plastics

BOCO Group operates two factories that make automotive latches and hinges.

September 26, 2016 News

Lanxess is buying Chemtura for $2.7 billion

by Canadian Plastics

Purchase will expand Germany-based Lanxess’s business in additives for lubricants and flame retardants.

September 25, 2016 News

DSM opens research and technology centre in Michigan

by Canadian Plastics

Netherlands-based materials science company Royal DSM has opened a new US$5 million research and technology centre in Troy, Mich., designed to strengthen DSM Engineering Plastics’ product development and application development capabilities in North America. Material characterization resources and other technologies

September 25, 2016 News

Farnell Packaging sells label-making business

by Canadian Plastics

Dartmouth, N.S.-based Farnell is selling its label-making division and all its label equipment to Access Labels, headquartered in Amherst, N.S., and said to be the largest label printing company in Atlantic Canada.

September 23, 2016 News

3 dead in shooting at Tennessee injection molding plant

by Canadian Plastics

A worker at an injection molding facility in Athens, Tenn. killed two co-workers before taking his own life. The incident occurred on Sept. 22 at a Thomas & Betts plant that injection molds electrical, mechanical, and utility products. The shooter,

September 21, 2016 News

Wholesale sales posted fourth consecutive monthly gain in July: StatsCan

by Canadian Plastics

Wholesale sales rose 0.3% to $56.5 billion in July, a fourth consecutive monthly gain, a new report from Statistics Canada said. Increases were recorded in five of seven subsectors, led by the motor vehicle and parts subsector and the food, beverage, and

September 20, 2016 News

CPIA announces 2016 Plastics Industry Leadership Award winners

by Canadian Plastics

Amir Karim, chief operating officer of Quebec-based Polykar Industries, is the 2016 Leader of the Year.

September 20, 2016 News

Chem-Trend buys Ultra Purge purging line from Moulds Plus

by Canadian Plastics

In a bid to widen its product portfolio for thermoplastics processing operations, material supplier Chem-Trend LP has acquired the Ultra Purge-brand purging compound line from Moulds Plus International. The purchase includes the Ultra Purge brand along with product and processing

September 19, 2016 News

Aurora Plastics appoints new CEO, CFO

by Canadian Plastics

Aurora Plastics, a Streetsboro, Ohio-based manufacturer of PVC compounds in both powder and pellet form, has made two appointments to its senior management team. Darrell K. Hughes has been named as CEO and Matt D. McDonald as chief financial officer

September 18, 2016 News

Ford to move all U.S. small-car production to Mexico: report

by Canadian Plastics

The automaker says it will continue to invest significantly in U.S., however.

September 16, 2016 News

Nordson consolidating all screw and barrel production to Austintown, Ohio

by Canadian Plastics

The Austintown facility will serve as a production, sales and customer service hub in the Americas for key polymer processing components, the company said.

September 16, 2016 News

Microplastics found throughout Great Lakes rivers: study

by Canadian Plastics

The study tested 107 water samples collected from 29 Great Lakes tributaries in Minnesota, Wisconsin, Indiana, Michigan, Ohio, and New York, and found microplastics in all samples.

September 15, 2016 News

Magna to build new BMW 5 Series

by Canadian Plastics

Production will start at Magna’s assembly plant in Graz, Austria in 2017.

September 14, 2016 News

Chem-Trend buys mold release supplier Huron Technologies; expands Michigan R&D facilities

by Canadian Plastics

It’s been a busy few days for mold release agent and purging compound maker Chem-Trend LP. Howell, Mich.-based Chem-Trend has acquired Huron Technologies Inc., a Leslie, Mich.-based company that focuses on customized mold release agents and related products for multiple

September 14, 2016 News

Invista sells engineering polymer solutions business to Radici Group

by Canadian Plastics

Italian material supplier Radici Group is buying the engineering polymer solutions business of U.S.-based Invista. In a statement, Radici Group said the purchase will strengthen its presence in both Europe and the U.S., and it is expected to be completed

September 14, 2016 News

FEPAC, Vinyl Institute announce Canada-wide sustainability partnership

by Canadian Plastics

Two Canadian plastics associations are partnering in a bid to boost the industry’s efforts at sustainability. The Quebec-based Fédération des Plastiques et Alliances Composites (FEPAC) and the Vinyl Institute of Canada, which is headquartered in Oakville, Ont., are partnering to

September 14, 2016 News

Teijin to acquire Continental Structural Plastics

by Canadian Plastics

In a bid to open up its North American sales channels for automotive composite products, Japan’s Teijin Ltd. is acquiring U.S. composites specialist Continental Structural Plastics (CPS) for US$825 million. Headquartered in Auburn Hills, Mich., CPS has 14 facilities in