Dow reports sales increase in first half of 2017by Canadian Plastics
On the cusp of its merger with DuPont Co., chemical giant Dow Chemical Co.’s sales increased to US$13.8 billion in the first half of 2017, up 16 per cent year-over-year.
CME asks Ontario government to rethink workplace reformsby Canadian Plastics
In a July 20 statement, the Mississauga, Ont.-based CME cautioned that the proposed reforms included in the “Fair Workplaces, Better Jobs Act” – including the controversial plan to raise minimum wage to $15 an hour by 2019 – could have unintended consequences affecting the competitiveness of the manufacturing sector and discouraging investments in Ontario.
North American plastics groups outline goals for NAFTA modernizationby Canadian Plastics
After a summit in held Mexico City on July 5, the heads of the U.S.-based Plastics Industry Association, the Canadian Plastics Industry Association, and Mexico’s Asociación Nacional de Industrias del Plástico AC released a joint statement opposing new tariffs and supporting greater harmonization of regulations.
Record vehicle sales in Canada in June: Scotiabankby Canadian Plastics
In the United States, meanwhile, most automakers reported better-than-expected sales last month, as demand continues to shift to crossovers, SUVs and pickup trucks, Scotiabank said.
Six Quebec aerospace companies get federal fundingby Canadian Plastics
The six companies, which provide aerospace parts and services, will benefit from funding announced by Canada’s innovation minister at the Paris Air Show.
N. American tooling industry experiences slight dip in Q2 2017by Canadian Plastics
But shops still remain “very optimistic” about the next three months, a new report said.
Canadian vehicle sales set a record for the month of May: StatsCanby Canadian Plastics
Most automakers exceeded expectations last month, StatsCan said, but sharp double-digit declines in fleet deliveries from several manufacturers reduced industry volumes.
Canadian vehicle purchases down in April: Scotiabankby Canadian Plastics
U.S. passenger vehicle sales were also disappointing, with most automakers reporting lower-than-expected volumes.
Manufacturing sales slip 0.2% in February: StatsCanby Canadian Plastics
Factory sales were down in 10 of the 21 industries, representing 37% of the manufacturing sector; sales in motor vehicle assembly fell 5.3%, while petroleum and coal products dropped 5.0%.
Canadian vehicle sales strong in March: Scotiabankby Canadian Plastics
Canadian vehicle sale purchases in March 2017 advanced 7% above a year earlier, setting a monthly record for March. According to the latest Auto News Flash from Scotiabank, sales exceeded an annualized 2.1 million units in March 2017, lifting year-to-date…
Canadian auto parts industry goes on offensive against U.S. protectionismby Canadian Plastics
A new survey being conducted by the Automotive Parts Manufacturers Association seeks to detail the level of integration in the North American auto industry.
Canadian wholesale sales up in January: StatsCanby Canadian Plastics
The motor vehicle and parts subsector contributed the most to the gain, the agency said.
Automation not an “imminent threat” to Canadian jobs: reportby Canadian Plastics
The report, by Toronto-based think tank C.D. Howe Institute, said industries at “high risk” of automation make up just 1.7 per cent of the Canadian workforce.
UP IN SMOKE?by Canadian Plastics
Will Canada’s carbon tax plan hurt the plastics industry’s competitiveness?
Global auto sales continue to strengthen in 2017: Scotiabankby Canadian Plastics
North American auto production to climb to record high in the second quarter, the bank said.
Plastics machinery shipments declined in Q4 2016by Canadian Plastics
For the first time since the recovery in the plastics industry began in 2010, North American shipments of plastics machinery posted a second consecutive quarterly decrease, according to statistics compiled and reported by the Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES).
Canada posts third-straight monthly trade surplus: StatsCanby Canadian Plastics
Exports were up 0.5% on the strength of higher exports of motor vehicles and canola, the agency said.
Canadian manufacturing growth in February fastest in two years: reportby Canadian Plastics
Canadian manufacturing growth rose in February to its highest level since November 2014, a new report said, with an increase in new orders and employment suggesting a rebound in business confidence two years after the oil price shock hit the…
Trade protectionism is a risk to the auto sector: Magnaby Canadian Plastics
As reported by The Canadian Press, Magna CEO Don Walker said any border adjustment tax imposed by the U.S. would have a “material adverse effect” on operations and profitability.
Plastic electronics will revolutionize consumer market: reportby 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…