Canadian Plastics

Category
Automotive

News
October 19, 2021  

Toyota plans to build $1.3 billion battery plant in the U.S.

The U.S. investment will include a $1.29 billion lithium-ion battery plant, built in partnership with Toyota Tsusho.

News
October 18, 2021  

3D printing materials market will reach $3.18 billion by 2027, report says

The market will be driven by a rising demand for customization, the new study from Frost & Sullivan says.

News
October 13, 2021  

Plasman expands in Southern U.S. with Minghua USA acquisition

Minghua’s exterior trim paint plant in Greer, S.C. has capability for full fascia/bumper.

News
October 6, 2021  

GM building giant battery development lab in Detroit suburb

The automaker is working on several new battery chemistries, including solid state, which have solid conducting material instead of the liquid electrolyte.

News
October 5, 2021  

Magna terminates merger agreement with Swedish tech company Veoneer

The auto parts company says it waived a four-day matching period to make a counter-proposal after an offer by Qualcomm was ruled to be a superior proposal.

Feature
October 4, 2021  

SPE thermoforming division announces parts competition winners

Quebec molder Plastique Art won the ‘Vacuum Forming – Gold’ award for an enclosure assembly of eight thermoformed parts that house a high-end intensive care unit ventilator.

News
October 4, 2021  

Axiom Group buys injection molding compounder to support development of EV components

Ontario-based Axiom says it’s currently working with various OEMs and vehicle platform developers in advanced compound integration.

News
September 27, 2021  

Cargill buying Arkema’s epoxides business

The acquisition aims to boost Cargill’s ability to supply bio-based solutions for plastics, automotive, and other industries.

News
September 24, 2021  

Semiconductor chip shortage will cost the auto industry $210B in 2021, new forecast says

Consulting firm AlixPartners also says that production of 7.7 million units will be lost in 2021, up from its earlier forecast of 3.9 million units.

News
September 23, 2021  

Five parts suppliers combine to form Teijin Automotive Technologies

Continental Structural Plastics, Inapal, Benet, CSP Victall, and Teijin Automotive Center Europe are now unified under this single brand.

News
September 14, 2021  

Oaktree Capital acquiring minority stake in auto parts molder ABC Technologies

Oaktree is buying Cerebrus Capital Management’s remaining stake in the Toronto-based injection and blow molder.

News
September 9, 2021  

Global plastic compounding market will reach $93.1 billion by 2028: report

Rapidly developing construction and automobile sectors are anticipated to drive the demand for interiors, exteriors, and under-the-hood components, the report from Research & Markets said.

News
September 6, 2021  

Magna starts production of thermoplastic liftgates at new UK plant

The facility in Sunderland, England manufactures the liftgate modules for the third generation Nissan Qashqai.

News
August 26, 2021  

Global EV sales to reach 5.3 million units in 2021: Frost & Sullivan

Intensifying electrification and fuel economy targets are set to propel EV market growth, according to a new Frost & Sullivan report.

Feature
August 18, 2021  

Using recycled PET bottles in tire production, the Continental way

The German tire maker will start using reprocessed polyester obtained from recycled plastic bottles in its tire production as of 2022 completely replacing conventional polyester.

News
August 18, 2021  

Magna introduces new electric vehicle front end panel

The Mezzo panel integrates ADAS sensors and lighting and features hidden-until-lit functionality.

News
August 12, 2021  

NGen announces $40 million automotive zero-emissions manufacturing challenge

The supercluster to invest up to $20 million in R&D projects for battery and fuel cell electric vehicles.

News
August 11, 2021  

Feds invest in first made-in-Canada electric vehicle

The Automotive Parts Manufacturers’ Association is getting $5 million in funding through FedDev Ontario to support Project Arrow.

Feature
August 9, 2021  

Volkswagen turns to acrylic resin for new black and white emblems

A combination of two Plexiglas Hi-Gloss materials is used by Austrian automotive supplier Ulbrichts GmbH to create the emblem’s modern look.

News
August 9, 2021  

Magna cuts 2021 revenue forecast as chip shortages expected to reduce vehicle output

But sales more than doubled to $9 billion, reflecting a global light vehicle production increase of 58 per cent.

News
July 29, 2021  

Magna, LG partner on joint venture for electric powertrains

The JV establishes a new company, to be called LG Magna e-Powertrain, which is headquartered in Incheon, South Korea.

Feature
July 28, 2021  

Turning automotive plastic waste into new sustainable materials

A new research project involving Eastman shows how to recycle automotive-industry mixed plastic waste in the automotive supply chain.

News
July 26, 2021  

Magna acquiring Swedish driver technology firm Veoneer for $3.8 billion

The deal aims to strengthen and broaden Magna’s ADAS portfolio and industry position.

News
July 8, 2021  

Magna offering education program for its employees

Magna is working with education program provider InStride to provide employees with undergraduate degrees at leading colleges and universities through InStride’s educational network.

News
June 30, 2021  

GM to stop making Equinox at Ontario plant in April, in switch to electric vehicles

The CAMI Assembly plant in Ingersoll will be converted to produce GM’s new BrightDrop electric EV600 llght commercial vehicle.

News
June 30, 2021  

LSR maker Simtec announces new managing director

The Florida-based firm has appointed industry veteran Roland Keller to the role.

News
June 25, 2021  

Ontario invests $7 million for training in automotive manufacturing

The project, which targets people from underrepresented groups, is being led by the Automotive Parts Manufacturers’ Association.

News
June 18, 2021  

Rehau Group reorganizes automotive, industrial units; supervisory board members change roles

The automotive business now becomes an independent company while the industrial business forms a new umbrella for other Rehau divisions.

News
June 14, 2021  

Feds invest $10 million in Hamilton-based clean automotive and aerospace hub

McMaster University’s new iHub will support more than 230 SMEs to commercialize new technologies for next-generation automotive and aerospace sectors.

News
June 9, 2021  

SPE introduces new COVID-19 category for Auto Innovation Awards

The award will highlight how automotive OEMs and suppliers adapted their processes, materials, or business to support international needs for battling COVID-19.

News
June 4, 2021  

Magna sells three German auto parts plants to Mutares

The plants in Obertshausen, Sulzbach, and Idar-Oberstein make exterior components and employ about 1,700 workers.

Feature
June 2, 2021  

Tokyo researchers hit on new design method to reduce weight in reinforced plastics

The development opens the doors to lighter aircrafts and automobiles.