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…
Canadian auto sales will decline in 2017: Scotiabankby Canadian Plastics
Sales gains in Alberta and Saskatchewan are expected to be more than offset by declines in Ontario, Quebec, and Atlantic Canada.
Canadian vehicle sales up in January: Scotiabankby Canadian Plastics
But the bank anticipates lower annual sales, as vehicle affordability begins to erode alongside some slowing in real income gains.
2016 breaks records for North American robot orders and shipmentsby Canadian Plastics
According to the Robotic Industries Association, orders surged 61 per cent in assembly applications while food and consumer goods orders increased 32 per cent.
Record global auto sales expected in 2017: Scotiabankby Canadian Plastics
In Canada, volumes will be undercut by recent price hikes for new cars and light trucks, as well as lower replacement demand than in the United States, Scotiabank’s latest Global Auto Report said.
Global thermoform packaging market to hit US$57 billion by 2024: reportby Canadian Plastics
The global market for thermoform packaging will reach US$57.6 billion by 2024, according to a new report by Transparency Market Research. According to the report from the Albany, N.Y.-based research company, the global market was US$36.4 billion in 2016 and…
Canada will have second-fastest growing G7 economy: IMFby Canadian Plastics
The International Monetary Fund’s latest outlook for advanced economies as a whole also predicts the U.S. will lead global growth in 2017.
N. American plastics machinery shipments down in Q3 2016: Plastics Industry Associationby Canadian Plastics
This was the first quarterly decline since Q3 2015, the Association’s report said, and it was only the second time there was a quarterly decrease since the post-recession recovery began in 2010.
Manufacturing sales down in October: StatsCanby Canadian Plastics
October’s decline followed two consecutive monthly gains.
Trump appoints Dow CEO Andrew Liveris as head of America Manufacturing Councilby Canadian Plastics
United States President-elect Donald Trump has tapped Dow Chemical Company chairman and CEO Andrew Liveris to head his incoming administration’s new American Manufacturing Council. Trump made the announcement during a Dec. 10 rally in Grand Rapids, Mich., where he introduced…
Two Alberta petrochemical plants to get up to $500 million in incentivesby Canadian Plastics
The first project is a joint venture between Calgary-based Pembina Pipeline Corporation and Petrochemical Industries Company, based in Kuwait; the second project is being proposed by Calgary-based Inter Pipeline.
Global car sales up in October: Scotiabankby Canadian Plastics
Volumes in both Canada and Mexico posted double-digit year-over-year advances, while U.S. purchases exceeded expectations and lifted year-to-date sales above a year ago.
EPA doubles down on 2025 emissions standardsby Canadian Plastics
The U.S. Environmental Protection Agency has proposed to leave in place its greenhouse gas emissions standards for light vehicles through the 2025 model year. Many in the auto industry aren’t happy with the decision.
Canadian auto industry volumes rebounded last month, setting a record for November: Scotiabankby Canadian Plastics
U.S. purchases exceeded expectations, buoyed by improving economic conditions and enhanced promotions.
Ontario gov’t creating two new growth programs for SMEsby Canadian Plastics
With a total value of $61 million, the programs will help Ontario firms scale up and test products and services.
Manufacturing sales up in September: StatsCanby Canadian Plastics
Statistics Canada says sales were up in 12 of 21 industries, representing 70.1 per cent of the total manufacturing sector.
Vehicle sales down in Canada in October: Scotiabankby Canadian Plastics
But Canada has posted the largest increase in vehicle production across the NAFTA region this year, Scotiabank said.
Asia leads surging global car sales in September: Scotiabankby Canadian Plastics
Sales in Canada bounced back in September, Scotiabank said, with several automakers reporting records for the month.