Canadian Plastics

Category
Economy


February 15, 2019 News

Ontario announces $40 million for auto sector plan

by Canadian Plastics

The announcement is part of a 10-year plan for strengthening the auto sector’s competitiveness.

February 12, 2019 News

Clariant increased sales, profitability and operating cash flow in 2018

by Canadian Plastics

Clariant’s plastics & coatings division increased sales by one per cent, with particularly strong regional expansion in Latin America.

February 5, 2019 News

Canadian auto sales down in January: Scotiabank

by Canadian Plastics

Vehicle purchases in the U.S. also dropped in January, a new report from Scotiabank said, as sales activity rebalances from strong gains in late-2018 and adverse weather conditions keep buyers at bay.

January 30, 2019 News

Global auto sales declined in 2018: Scotiabank

by Canadian Plastics

But despite posting a decline relative to 2017, the Canadian auto market posted its second best year on record, a new report from Scotiabank said.

January 17, 2019 News

Petrochemical growth spurt bodes well for Canada’s plastics industry

by Canadian Plastics

Canada’s capital spending on industrial chemical industry projects is expected to jump by 65 per cent in 2019.

January 16, 2019 News

Magna expects 2019 sales to be hurt by a variety of factors

by Canadian Plastics

The auto parts maker anticipates that the strong U.S. dollar, the sale of its fluid pressure and controls business, and GM plant closures will negatively impact its bottom line this year.

January 10, 2019 News

U.S. plastics shipments, jobs rose in 2017: report

by Canadian Plastics

The U.S. plastics industry accounted for an estimate of $432.3 billion in shipments and 989,000 jobs in 2017, according to the 2018 Size & Impact Report, an annual publication of the Plastics Industry Association.

January 7, 2019 News

Canadian vehicle sales down in December: Scotiabank

by Canadian Plastics

But auto purchases in the U.S. recorded their highest one-month total since October 2017, the new report from Scotiabank said.

December 27, 2018 News

World auto sales growth stalls in 2018: Scotiabank

by Canadian Plastics

Vehicle purchases in Canada in November fell below 1.9 million annualised units for the first time since late-2016, Scotiabank said, but sales are still on track for their second-highest year on record in 2018.

December 7, 2018 News

North American plastics machinery shipments up 4 per cent in Q3 2018

by Canadian Plastics

The sales figures are compiled by the Plastics Industry Association’s Committee on Equipment Statistics.

December 5, 2018 News

Auto purchases in Canada fell sharply in November: Scotiabank

by Canadian Plastics

A sharp drop in Detroit Three sales pulled purchases below 1.9 million units for the first time in over three years, a new report from Scotiabank said.

December 3, 2018 News

North American plastics industry associations support USMCA signing, urge ratification of the deal

by Canadian Plastics

And the American Chemistry Council is also calling on U.S. President Donald Trump to use the agreement to cancel tariffs on steel and aluminum.

December 2, 2018 News

Weak sales in China drove global auto purchases down in October: Scotiabank

by Canadian Plastics

Canadian auto sales contracted by 1.9% year-over-year for an eighth consecutive month of annual declines in October, Scotiabank’s latest Global Auto Report says, but ticked up by 3.1% from September in seasonally-adjusted terms.

November 28, 2018 News

Closure of GM’s Oshawa plant a big blow to Canadian supply industry: Unifor, APMA

by Canadian Plastics

Shuttering the Oshawa plant represents a loss of about 10 per cent of Canada’s auto parts industry, said APMA head Flavio Volpe.

November 11, 2018 News

Big gains forecast for global automotive plastic market: report

by Canadian Plastics

Spurred by rising disposable incomes and continuously changing lifestyles, the increasing production of cars and commercial vehicles will grow the global automotive plastic market at a CAGR of 11.91% from now until 2023, the new report from Research and Market said.

November 5, 2018 News

Canadian auto sales fall 1.9 per cent in October: DesRosiers

by Canadian Plastics

Sales of passenger cars for several major auto companies dipped, a new report from DesRosiers said.

October 24, 2018 News

Ontario to cap minimum wage at $14 an hour

by Canadian Plastics

The Ontario government said new rules – which will link future minimum-wage increases to the inflation rate and reduce the number of personal leave days – will help cut red tape and encourage business investment.

October 7, 2018 News

Canadian vehicle purchases dropped in September: Scotiabank

by Canadian Plastics

But auto sales in the U.S. jumped to an annualised level of more than 17 million units in September, Scotiabank said, beating expectations.

October 1, 2018 News

Canada, U.S. reach new trade deal to replace NAFTA

by Canadian Plastics

The agreement provides increased access to Canada’s dairy market for U.S. producers, limits the number of cars and the value of automobile parts that Canada can ship to the U.S. without paying higher duties, and preserves key dispute-resolution provisions.

September 20, 2018 News

Plastics machinery shipments in North America up again: report

by Canadian Plastics

For the fifth consecutive quarter, plastics machinery shipments in North America continued to increase in the second quarter of 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.