SABIC buys stake in German automotive joint ventureby Canadian Plastics
In a bid to expand its portfolio of lightweight materials, supplier SABIC Innovative Plastics has entered into an agreement to purchase an equity stake in Inpro, a joint venture dedicated to collaborative innovation in automotive production.
Woodbridge Group, Summa Group partnering on EPP facility in Mexicoby Canadian Plastics
In an expansion of its partnership with polyurethane supplier Summa Group, Mississauga, Ont.-based auto parts molder The Woodbridge Group is establishing a joint venture in Leon, Mexico.
Bio-chemical plant coming to Sarniaby Canadian Plastics
A multi-million-dollar bio-industrial plant is slated to be built in Sarnia, Ont.
Magna gets Ontario funding to develop electric vehicle technologyby Canadian Plastics
In a move to advance “green” engineering in the automotive industry, parts supplier Magna International Inc. and the Ontario government will invest more than $430 million to research and develop electric vehicle (EV) technology.
GM develops new solvent-free part painting technologyby Canadian Plastics
Claiming to solve what it calls an “industry-wide challenge”, auto giant General Motors is introducing a flame treatment technology that lets paint stick to plastic vehicle parts like instrument and door panels without using primers that…
Ontario injection molder gets $1 million loan from province for auto parts lineby Canadian Plastics
Ontario-based injection molder Novo Plastics Inc. has received $1 million in support for an innovative car parts line. The money, in the form of a loan facility, is provided by the Ontario Ministry of Innovation through its Innovation…
Saint-Gobain acquires Solar Gard specialty films from Bekaertby Canadian Plastics
Saint-Gobain Performance Plastics Corp. has signed an agreement with Belgium-based materials and coatings company Bekaert to buy Bekaert’s specialty films business, which operates under the name Solar Gard Specialty Films.
Magna expands in Chinaby Canadian Plastics
Magna Exteriors and Interiors, an operating unit of Aurora, Ont.-based auto parts maker Magna International Inc., is forming a joint venture to buy an existing Chinese injection molding and painting facility located in Wuhu, a city in the Anhui…
GM to build Cadillac sedans in Oshawa, Ont. plantby Canadian Plastics
General Motors has announced plans to invest $117 million to prepare its assembly plant in Oshawa, Ont. to build the new Cadillac XTS sedan next year.
Lanxess invests in Chinese marketby Canadian Plastics
In a move to strengthen its presence in China, German specialty chemical supplier Lanxess has announced plans to invest more than EUR 40 million in new production lines and facilities.
Ontario Toyota plants offered $545 million for upgradesby Canadian Plastics
With help from almost $71 million from each of the governments of Canada and Ontario, Toyota’s two Ontario plants are getting a $545 million expansion and upgrade.
Optima to distribute natural fiber reinforced thermoplastics in Ontario, Quebec, Eastern Canadaby Canadian Plastics
Optima Colour and GreenCore Composites Inc. have signed an agreement that makes Optima the official distributor of GreenCore’s NCell natural fiber composites for consumer and industrial markets in Ontario, Quebec and Eastern Canada.
Former Ont. Premier Mike Harris named Magna chairmanby Canadian Plastics
From ex-Premier to auto parts magnate.
ABC Group partners for auto parts in Chinaby Canadian Plastics
In a move designed to strengthen its supply base for global platforms, Tier One auto parts supplier ABC Group has signed a joint venture agreement with Ningbo Inoac Huaxiang Automobile Products (IHX) of China to form Ningbo ABC Inoac Huaxiang…
Fire at Magna plant; production affectedby Canadian Plastics
A fire destroyed part of a Magna International parts plant in Howell, Mich., affecting production at several U.S. auto operations and threatening production at plants in Ontario.
Clariant acquires German chemical maker for 2 billion eurosby Canadian Plastics
In a move designed to beef up its presence in the automotive industry, specialty chemical provider Clariant AG has agreed to buy a controlling majority of German chemical maker Süd-Chemie AG for 2 billion euros (Cdn$2.7 billion).
ABC Group certified as Canada’s first women-owned tier one supplierby Canadian Plastics
Auto parts molder ABC Group Inc. has become the first Canadian tier one supplier to apply for and receive certification as a Women Business Enterprise (WBE) company.
Parts shortage causes temporary shutdown at Windsor, Ont. auto assembly plantby Canadian Plastics
An auto parts shortage is forcing a week-long shutdown at Chrysler’s Windsor, Ont., minivan assembly plant.
Magna buys South American auto seat supplierby Canadian Plastics
In a move designed to expand its presence in South America, Magna Seating, an operating unit of Ontario-based auto parts maker Magna International, has acquired automotive seat supplier Pabsa S.A.
Global reinforced plastics market to reach 7.3 million tons by 2015: studyby Canadian Plastics
On the heels of weakened sales in 2008 and 2009 following drop in demand in high volume end-use markets such as the automotive and construction industries, the global market for reinforced plastics is projected to rebound to 7.3 million tons by…