Canadian Plastics

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January 17, 2017 News

Plastics Industry Association head Bill Carteaux to chair U.S. council of manufacturing associations

by Canadian Plastics

Carteaux will serve a one-year term as chair of the Council of Manufacturing Associations, made up of more than 260 industry-specific associations that work with the National Association of Manufacturers.

January 17, 2017 News

CME names Dennis Darby as next president and CEO

by Canadian Plastics

Currently the head of the Ontario Pharmacists Association, Darby spent 24 years with Procter & Gamble.

January 17, 2017 News

GM to invest additional $1 billion across U.S. supply chain

by Canadian Plastics

The automaker will also look at reshoring axle production for pickup trucks, including work previously done in Mexico.

January 17, 2017 News

Nova begins shipping LLDPE from new Alberta reactor

by Canadian Plastics

The reactor is the first new LLDPE reactor in the Americas in more than 10 years.

January 16, 2017 News

Global thermoform packaging market to hit US$57 billion by 2024: report

by Canadian Plastics

The global market for thermoform packaging will reach US$57.6 billion by 2024, according to a new report by Transparency Market Research. According to the report from the Albany, N.Y.-based research company, the global market was US$36.4 billion in 2016 and

January 16, 2017 News

Amcor Rigid Plastics announces major expansion at Ohio facility

by Canadian Plastics

The US$40 million investment will nearly double the facility’s manufacturing and warehouse footprint.

January 15, 2017 News

Revenue up as Mold Hotrunner Solutions turns 15

by Canadian Plastics

Georgetown, Ont.-based hot runner and injection molding technology supplier Mold Hotrunner Solutions Inc. had record year in 2016, with revenue up by 40 per cent.

January 14, 2017 News

Canada will have second-fastest growing G7 economy: IMF

by Canadian Plastics

The International Monetary Fund’s latest outlook for advanced economies as a whole also predicts the U.S. will lead global growth in 2017.

January 11, 2017 News

Solvay selling formulated resins business to Altana AG

by Canadian Plastics

Chemical maker Solvay SA is selling its formulated resins business to Elantas PDG Inc., a division of Belgian specialty chemicals company Altana AG. The terms of the deal have not been disclosed. Under the agreement, Solvay’s technology solutions business unit

January 10, 2017 News

Chevy Bolt wins North American Car of the Year award

by Canadian Plastics

It’s the first all-electric car to receive the award.

January 10, 2017 News

Honda Canada investing $492 million in Alliston, Ont. facility

by Canadian Plastics

The automaker is preparing to build new models of its Civic and CR-V.

January 9, 2017 News

As FEPAC shuts down, Pierre Fillion discusses what’s next

by Canadian Plastics

Founded in 2008, FEPAC closed its doors at the end of December 2016. But that’s not the end of the story.

January 9, 2017 News

Canadian vehicle sales down in December: Scotiabank

by Canadian Plastics

U.S. purchases accelerated sharply in December, the bank also said, climbing to an annualized 18.3 million units and setting a record for the month of December.

January 7, 2017 News

Quebec blow molder Plastique Micron bought by investment firm

by Canadian Plastics

Quebec provincial financing agency Investissement Quebec and capital development fund Fonds de Solidarité have acquired 60 per cent of Quebec-based blow molding container maker Plastique Micron Inc. The terms of the deal have not been announced. “Plastique Micron will have

January 6, 2017 News

Ube Industries, MHI complete merger of their group companies

by Canadian Plastics

Japan-based Ube Machinery Corp. Ltd. has completed the purchase of the majority stake in the injection molding business of Mitsubishi Heavy Industries Ltd. (MHI), which is also headquartered in Japan. First announced in July 2016, the deal was completed on

January 5, 2017 News

Bunting Magnetics buys UK-based Master Magnets

by Canadian Plastics

The deal is designed to expand Bunting’s line of magnetic separators and metal detectors, and also “significantly increase” Bunting’s manufacturing capabilities in the UK and Europe.

January 4, 2017 News

IPEG names Kirk Winstead as president

by Canadian Plastics

Winstead has also served as IPEG’s chief operating officer since 2015.

January 3, 2017 News

Ford cancels plan for Mexican plant

by Canadian Plastics

Ford also announces Michigan investment to boost electric, autonomous vehicle production.

January 3, 2017 News

Rate Technology now reps Schenck Process

by Canadian Plastics

Schenck Process announces the appointment of Rate Technology Systems as its exclusive representative in Eastern Canada.

January 2, 2017 News

CCL adds two to board of directors

by Canadian Plastics

Packaging and specialty label maker CCL Industries has added two new members to its board of directors. The Toronto-based firm has appointed Vincent Galifi and Erin Lang. Galifi is currently executive vice president and CFO of auto parts supplier Magna