Canadian Plastics


News


  • News Materials

    Investment firm Apax to buy specialty chemical supplier Azelis

    March 2, 2015 by Canadian Plastics

    Europe-based specialty chemicals distributor Azelis Holding SA is being sold by its private equity owners 3i Group plc to another private investment outfit, Apax Partners LP. The financial terms of the deal have not been released. The deal is expected

  • News Materials

    Borealis reports record profits for 2014

    March 1, 2015 by Canadian Plastics

    Polyolefin and chemicals supplier Borealis had a very good year in 2014. The Vienna, Austria-based company reported a net profit of 571 million euros, compared to 423 million euros in 2013. Borealis attributed the improvement to overall stronger margins in

  • Amut SpA buys packaging equipment maker Dolci Bielloni

    February 27, 2015 by Canadian Plastics

    Italy-based extrusion, thermoforming and recycling equipment maker Amut SpA has acquired Dolci Bielloni, a packaging equipment maker also headquartered in Italy. Dolci Bielloni will now be known as Amut Dolci Bielloni. Dolci Bielloni manufactures printing and slitting rewinding machines, blown

  • News Materials

    American Chemistry Council launches pro-BPA campaign

    February 25, 2015 by Canadian Plastics

    Washington, DC-based industry organization The American Chemistry Council (ACC) is launching a communications and advertising campaign to amplify recent conclusions from FDA and the European Food Safety Authority (EFSA) stating that BPA is safe as currently used in food-contact materials

  • News Packaging

    Voters to decide on California plastic bag ban

    February 25, 2015 by Canadian Plastics

    American Progressive Bag Alliance gets referendum put on 2016 ballot

  • Recycling of plastic wraps, bags, film surging in North America

    February 25, 2015 by Canadian Plastics

    Post-consumer plastic recycling is surging in North America, according to two new reports prepared for the American Chemistry Council (ACC). According to the first study, the recycling of post-consumer plastic film packaging increased by 116 million pounds, or 11 per

  • News Materials

    PolyOne adding capacity for OnForce metal replacement technology

    February 24, 2015 by Canadian Plastics

    Compounder and concentrate maker PolyOne Corporation is increasing capacity for its OnForce (TM) LFT long-fibre specialty thermoplastics to match rising demand for metal replacement. The company’s production facility in Avon Lake, Ohio will have a new, dedicated specialty production line

  • Industrial robot use on a steep rise in world’s factories: study

    February 23, 2015 by Canadian Plastics

    Cheaper, better robots will replace human workers in the world’s factories at a faster pace over the next decade, pushing labour costs down 16 per cent, a new study predicts. According to a report by the Boston Consulting Group, investment

  • NPE2015 shaping up to be largest ever

    February 23, 2015 by Canadian Plastics

    Record number of exhibitors to occupy record amount of space; 43% of exhibitors and 28% of visitors will come from outside the U.S.

  • News Automotive

    Magna opens new chassis facility in Mexico

    February 21, 2015 by Canadian Plastics

    Auto supplier Magna International Inc. has opened its Autotek Morelos plant, a new greenfield facility in Emiliano Zapata, Morelos, Mexico, designed for the assembly of automotive chassis products. The 130,000-square-foot facility will produce structural welded assemblies for global automakers including

  • News Materials

    Huntsman profits up, specialty resins expansion planned

    February 20, 2015 by Canadian Plastics

    Chemical provider Huntsman Corporation has had a busy year so far. The Woodlands, Tex.-based company announced that it had a profitable 2014 and that it’s making supply adjustments in Europe and expanding in Asia. The company reported net income of

  • Que.-based foam product maker POLYFORM is branching out

    February 19, 2015 by Canadian Plastics

    This supplier of EPS and EPP products for the construction, automotive, and packaging industries is staying true to its roots by diversifying – which means getting into recycling, too.

  • News Automotive

    Carbon fibre to go mainstream in auto industry by 2025: report

    February 18, 2015 by Canadian Plastics

    Driven by a faster-than-expected pace of technology development, carbon-fibre reinforced plastics (CFRPs) will be poised to gain widespread adoption for automotive lightweighting by 2025, according to a new report. The report – by Boston, Mass.-based Lux Research – estimates that

  • News Materials

    2014 a good year for Clariant

    February 18, 2015 by Canadian Plastics

    Driven by higher volumes, specialty chemical supplier Clariant grew its sales by 5% in 2014, improving from CHF 6.076 billion in full-year 2013 to CHF 6.116 billion. The regional sales performance in local currencies was mostly positive, the company said.

  • IPEG sells Rapid Granulator to Swedish firm

    February 18, 2015 by Canadian Plastics

    Size reduction equipment maker Rapid Granulator has new ownership. Cranberry Township, Pa.-based IPEG Inc., which owns the Rapid Granulator group of companies, has sold them to Lifco AB, a diversified public company headquartered in Enköping, Sweden. The terms of the

  • News Automotive

    Honda to slow output in Ontario, Ohio and Indiana due to West Coast ports dispute

    February 17, 2015 by Canadian Plastics

    Japanese carmaker Honda Motor Co. Ltd. plans to slow production at some of its plants in North America due to a parts shortage caused by a partial shutdown of ports along the West Coast. The shutdowns are the result of

  • News Automotive

    GM to invest $450 million in CAMI assembly plant in Ingersoll, Ont.

    February 16, 2015 by Canadian Plastics

    General Motors will spend more than $450 million to prepare its CAMI Automotive assembly plant in Ingersoll, Ont. to build the next generation Chevrolet Equinox. The U.S. automaker said it will spend approximately $190 million directly at the plant on

  • News Automotive

    Ford’s GT supercar to be built in Markham, Ont.

    February 16, 2015 by Canadian Plastics

    Ford Motor Company has tapped a Canadian company to build the GT, an iconic American “supercar”. Because the car will have a carbon fiber body, Ford is turning to Markham, Ont.-based Multimatic Inc. to make the two-door, mid-engined 600-plus-hp car.

  • 8 million tonnes of plastics dumped in oceans annually: report

    February 14, 2015 by Canadian Plastics

    New research estimates an average of about eight million tonnes of plastic – everything from water bottles to garbage bags to food packaging – finds its way into the world’s oceans each year. The study, published in the journal Science,

  • Milacron plans major expansion in Czech Republic

    February 13, 2015 by Canadian Plastics

    In a move to meet the growth of the European market, equipment supplier Milacron LLC is investing in multiple, state-of-the-art manufacturing and distribution facilities in Šašovice and Policka, Czech Republic. The investments are designed to expand Milacron’s Uniloy, DME and