Plastics machinery shipments up in Q2: SPIby Canadian Plastics
For the third straight quarter, North American shipments of plastics machinery registered a year-over-year increase in Q2 of 2016, the SPI’s Committee on Equipment Statistics said.
Canadian economy posts worst quarter since 2009: StatsCanby Canadian Plastics
According to a new report from Statistics Canada, real gross domestic product fell at an annualized rate of 1.6 per cent in the second quarter, due in large part to the wildfire in Fort McMurray, Alta.
Global auto sales accelerate to record highs: Scotiabankby Canadian Plastics
Sales have also gained momentum in Canada this year, Scotiabank said, advancing in seven of the ten provinces.
Manufacturing sales edged up in June: Statistics Canadaby Canadian Plastics
The machinery industry gained 5.8% at $2.7 billion, following five consecutive monthly declines.
Global medical composite materials market to grow nearly 7% by 2020: reportby Canadian Plastics
Growth will be driven by demand for artificial limbs, the report said.
Canadian vehicle purchases softened in July: Scotiabankby Canadian Plastics
U.S. vehicle sales climbed to the highest level in eight months, Scotiabank said.
Profits up for Milacron in Q2 2016by Canadian Plastics
The company’s sales increased 3.4%.
Manufacturing sales fell one per cent to $49.9 billion in May: StatsCanby Canadian Plastics
Statistics Canada says the decline came as sales of motor vehicles and petroleum and coal products dropped; but sales of plastics and rubber products increased.
World bioplastics market is valued at $30.8 billion: reportby Canadian Plastics
The current global bioplastics market is valued at US$30.8 billion, and is expected to grow at an annual rate of 17.5% during 2015-2020, driven by increasing popularity in the end user industries, a new report said. But the report, created…
Canada signs free trade agreement with Ukraineby Canadian Plastics
The Canadian government has signed a free trade agreement with Ukraine. The trade deal was signed on July 11 by Prime Minister Justin Trudeau and Ukrainian President Petro Poroshenko. In 2015, trade between the two countries totaled $278 million; the…
Outlook less positive for Canada’s manufacturing sector: RBCby Canadian Plastics
Ontario and Quebec, the two regions with Canada’s biggest manufacturing sectors, showed declines in RBC’s June Canadian manufacturing PMI index.
Canadian vehicle sales up in June: Scotiabankby Canadian Plastics
Vehicle sales in Canada re-accelerated last month, climbing 7% above a year earlier and lifting volumes to a new record for June, according to a new report from Scotiabank. “We estimate that Canadian vehicle sales nearly reached an annualized 2.0…
Global auto production gains momentum in the second half of 2016: Scotiabankby Canadian Plastics
Western Europe and China led the way, with both regions posting double-digit advances.
Plastics has “excellent global growth perspectives”, K 2016 report saysby Canadian Plastics
Plastics still has excellent global growth potential, according to a new report presented by Messe Dusseldorf to attendees at a pre-K 2016 media event held on June 26-29 in Dusseldorf, Germany. Messe Dusseldorf is the organizer of the K 2106…
German machinery makers forecast 2 per cent growth in 2016 and 2017by Canadian Plastics
German plastics and rubber machinery manufacturers expect sales to increase by 2 per cent in real terms in the current year with a further 2 per cent rise anticipated for 2017, says a new report from VDMA, the association of…
European plastics industry “cautiously optimistic”: reportby Canadian Plastics
Despite challenges ranging from marine waste to multiple force majeures at materials suppliers, the European plastics industry is in good health, a new report said. The report was released by the K 2016 press office, and presents a snapshot of…
Quebec investing $510 million in new aerospace strategyby Canadian Plastics
Quebec’s premier Philippe Couillard expects the provincial cash to generate up to $2.8 billion in investment and intensify research and development.
Power Failure!by Canadian Plastics
Rising electricity prices, courtesy of Canada’s most ambitious green energy plan, are threatening to turn out the lights on Ontario’s plastics processors.
Aerospace industry will give Quebec steady export growth: reportby Canadian Plastics
Led by products made for the aerospace industry, Quebec`s shipments abroad will increase five per cent both this year and in 2017, a new report says. According to Export Development Canada’s latest Global Export Forecast, Quebec`s export industry will be…
SPECIAL REPORT: The energy-efficient chemical supplier (and how to become one)by Canadian Plastics
Energy costs are on the rise in Ontario, and chemical manufacturers are huge consumers. So now is definitely the time to get serious about finding new and efficient ways of using your electricity. The good news? There’s a wealth of experts and incentive programs at hand to help you along.