The deal is valued at US$765 million.
Gary A. Miller is the new COO. Schulman has also named Frank Roederer as senior vice president and general manager of its business in Canada and the U.S.
Sales have also gained momentum in Canada this year, Scotiabank said, advancing in seven of the ten provinces.
The partnership with Zhejiang NHU Special Materials (NHU) gives DSM a PPS compounding presence in China.
Athena founder Robert Schad takes over chief commercial officer role, as Woodbridge, Ont.-based Athena emerges from the shadow of a dismissed lawsuit.
New York-based company will no longer supply complete blown film lines; directs its focus on cooling, auto profile, and IBC controls.
GT supercar is built at Multimatic Inc., in Markham, Ont.
Rigid plastic packaging supplier Consolidated Container Company (CCC) has purchased Semopac, a Quebec-based extrusion blow molder of polycarbonate water bottles for the home and office water cooler markets. In a statement, Atlanta, Ga.-based CCC said that its Reid Canada subsidiary…
Sheet extrusion machinery manufacturer Processing Technologies International LLC (PTi) has broken ground on a US$10 million plant expansion at its Aurora, Ill. headquarters. The company will increase overall plant capacity by 50 per cent by adding 40,000 square feet of…
Tractor-trailers, delivery trucks and school buses will be forced to reduce carbon emissions by up to 25 per cent by 2027. Heavy pickup trucks and vans will have to become 2.5 per cent more efficient on average each year between 2021 and 2027.
The machinery industry gained 5.8% at $2.7 billion, following five consecutive monthly declines.
California-based Velodyne makes laser sensors used in driver assist systems.
Growth will be driven by demand for artificial limbs, the report said.
Japan’s Mitsubishi Chemical Corporation (MCC) is going all-in on The Nippon Synthetic Chemical Industry Co., buying the remaining shares that it doesn’t already own. MCC already owns 51.49% of the company, which is also headquartered in Japan. MCC will also…
The Commission will probe whether or not the merger will impact prices, competition.
The material supplier cited deteriorating market conditions in the U.S. and Europe as the cause of the downgrade.
Male employee was injured at Saint-Laurent, Que.-based Nu-B; he later died in hospital.
What’s in a name? Plenty. When the Windsor Association of Mold Makers changed its name to the Canadian Association of Mold Makers (CAMM) more than ten years ago, the goal was to reflect the group’s aspiration to be the voice…
Pre-draw results “show plastics industry investing heavily in future growth,” SPI said.
The company is also expanding its operations in Munster, Germany.