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February 22, 2017 News

Sepro establishes Swiss subsidiary

by Canadian Plastics

Coming off its fourth record sales year in a row, France-based robotic automation maker Sepro Group is establishing a new direct sales and service operation in Switzerland. Called Sepro Switzerland, the daughter company will have an office east of Zurich.

February 22, 2017 News

Huntsman reports lower sales, higher profits for 2016

by Canadian Plastics

Chemical supplier Huntsman Corporation has reported lower sales, but higher profits, in full-year 2016. Total company sales for Woodlands, Tex.-based Huntsman dropped six per cent to less than US$9.7 billion in 2016, but the firm’s profit shot up to US$357

February 22, 2017 News

Progressive Components founder Don Starkey Sr. passes away

by Canadian Plastics

Don Starkey Sr., the founder of Wauconda, Ill.-based mold components supplier Progressive Components, has died at the age of 84. Starkey passed away on February 20, from pneumonia after a long battle with Parkinson’s disease. Starkey began his career as

February 21, 2017 News

Vortex founder Loren Neil Peterson dies at 87

by Canadian Plastics

Loren Neil Peterson, the founder of Salina, Kan.-based bulk material handling equipment maker Vortex Global, passed away on January 29 at age 87. Peterson’s career in dry bulk solids began in the 1950s with Salina Manufacturing (now known as Coperion).

February 20, 2017 News

Sonoco acquiring thermoformer Peninsula Packaging for $230 million

by Canadian Plastics

The move will almost double packaging supplier Sonoco’s thermoforming business.

February 20, 2017 News

Ineos to develop 4×4 off-roader

by Canadian Plastics

Petrochemical firm pledges to invest “hundreds of millions of pounds” to set up automotive division in UK to make 4×4 vehicles.

February 19, 2017 News

Plastic electronics will revolutionize consumer market: report

by Canadian Plastics

The total market for the plastic electronics sector is estimated to grow from US$26 billion in 2017 to US$69 billion in 2025, and will revolutionize consumer goods, a new report said. The report, from UK-based Innovation DB, the world’s largest

February 18, 2017 News

NYC plastic bag fee blocked by Gov. Cuomo

by Canadian Plastics

But Cuomo calls for New York State to take action on “plastic bag problem.”

February 15, 2017 News

DuPont, Chemours to pay $671 million in chemical leak case

by Canadian Plastics

Chemical suppliers DuPont Co. and Chemours Co. will pay nearly US$671 million to settle thousands of lawsuits related to the release of the fluoropolymer chemical perfluorooctanoic acid (PFOA) from a plant in West Virginia more than a decade ago. Chemours

February 15, 2017 News

Pharmaceutical label demand to grow over 7 per cent annually through 2020: report

by Canadian Plastics

Global demand for labels in pharmaceutical applications is projected to increase 7.1 per cent annually to 5.1 billion square meters in 2020, a new study said, which will be the fastest growth rate among major label markets. The study, by

February 14, 2017 News

Five innovators to be inducted posthumously into Plastics Hall of Fame

by Canadian Plastics

The Plastics Academy has announced the selection of five new members to be posthumously inducted into the Plastics Hall of Fame. The five 2017 inductees are: L.D. Blackwell – a pioneer in the development of molded plastic products for healthcare, aerospace

February 14, 2017 News

Simcoe Plastics now reps desktop I/M machine

by Canadian Plastics

Ontario-based resin supplier Simcoe Plastics Ltd. has expanded its product portfolio by moving into machinery sales. The firm, which is headquartered in Shanty Bay, Ont., is now representing machinery vendor APSX LLC of Cincinnati, Ohio, by selling its APSX-PIM desktop

February 13, 2017 News

Ford investing US$1 billion in robotics startup Argo AI

by Canadian Plastics

The investment, part of Ford’s plan to develop a fully driverless vehicle by 2021, will make Ford the company’s largest shareholder.

February 10, 2017 News

Supply Chain Management Association names new president and CEO

by Canadian Plastics

The Toronto-based industry association has appointed Christian Alan Buhagiar to the role.

February 10, 2017 News

Clariant expanding medical compounds production at U.S. facility

by Canadian Plastics

Swiss-based specialty chemical supplier Clariant is expanding its plant in Lewiston, Maine, and installing a new compounding line to meet growing demand for pre-coloured medical plastic compounds sold under the Mevopur brand name. The new capacity will come on-line in

February 9, 2017 News

2016 was record sales year for Sepro Group

by Canadian Plastics

U.S. assembly is also planned, the France-based robotic automation maker said.

February 8, 2017 News

Ravago buys specialty chemicals distributor TMC Materials

by Canadian Plastics

Ravago Chemical Distribution, a subsidiary of Ravago Holdings America, has purchased specialty chemicals distributor TMC Materials Inc. for an undisclosed amount. In a statement, Ravago said that Worcester, Mass.-based TMC will continue to operate under its own name. “With this

February 8, 2017 News

Nordson Corp. acquires injection molder Plas-Pak Industries

by Canadian Plastics

Dispensing equipment and fluid control systems supplier Nordson Corp. has acquired Plas-Pak Industries Inc., a Norwich, Con.-based designer and manufacturer of injection molded, single-use plastic dispensing and packaging products. The terms of the deal have not been disclosed. “Plas-Pak’s recurring

February 7, 2017 News

PolyOne buys two material suppliers

by Canadian Plastics

Compounding supplier PolyOne Corp. has purchased two privately-owned material suppliers. The Avon Lake, Ohio-based firm has acquired Silcotec Inc. of La Porte, Ind., and Comptek Kunststoffverarbeitung GmbH of Diez, Germany. Silcotec makes silicone-based color masterbatch concentrates, while Comptek produces coluor

February 7, 2017 News

Canadian auto sales will decline in 2017: Scotiabank

by Canadian Plastics

Sales gains in Alberta and Saskatchewan are expected to be more than offset by declines in Ontario, Quebec, and Atlantic Canada.