Canadian Plastics

Market Forecast

June 11, 2019 News

Plastics machinery shipments declined in early 2019

by Canadian Plastics

While 2018 ended with strong plastics machinery shipments in North America, 2019 has started soft, according to new figures from the Plastics Industry Association’s Committee on Equipment Statistics.

May 30, 2019 News

Global slowdown of vehicle sales continued in April: Scotiabank

by Canadian Plastics

Global auto sales fell by 7.9% year-over-year in April for an eighth consecutive month of year-on-year declines, a new report from Scotiabank says.

April 30, 2019 News

Amid sales slump, Milacron exits blow molding business

by Canadian Plastics

The plastics processing equipment maker’s Uniloy blow molding business has now been listed as a “discontinued operation”.

April 18, 2019 News

Revenue down for PolyOne in first quarter, job cuts coming

by Canadian Plastics

The challenging financial results have led the Ohio-based material supplier to reduce spending and to cut an unspecified number of jobs.

April 12, 2019 News

Tool & die industry off to slow start in 2019: report

by Canadian Plastics

In the first quarter 2019, the study said, mold shops experienced a slight utilization increase of 2% compared to Q4 2018 (77% to 79%), while die shop utilization dropped drastically from 85% to 74% in the same time frame.

April 4, 2019 News

Canadian auto sales down in March: Scotiabank

by Canadian Plastics

Scotiabank also forecasts that auto sales in Canada will fall to 1.93 million units delivered in 2019.

March 26, 2019 News

Weak early-year auto sales in China, while Europe rebounds: Scotiabank

by Canadian Plastics

Sales in Canada continued to decline in February, a new report by Scotiabank said, marking the twelfth year-on-year decline in a row off record February sales a year prior.

March 13, 2019 News

Intertape Polymer reports revenue increase for 2018

by Canadian Plastics

The packaging supplier increased its revenue by more than 17% to US$1,053 million compared to 2017, and by more than 21.2% to US$287.7 million in the fourth quarter of 2018 compared to Q4 2017.

March 4, 2019 News

Canadian auto purchases rose in February: Scotiabank

by Canadian Plastics

Auto sales in the U.S. fell for a second consecutive month, a new report from Scotiabank also said.

February 27, 2019 News

American moldmakers generally positive about business outlook: survey

by Canadian Plastics

But only half of the moldmakers surveyed by the American Mold Builders Association believe business conditions in Q1 will increase, and only 10 per cent think their business will increase substantially over the next 12 months.

February 26, 2019 News

Weak sales in China drag down global auto market: Scotiabank

by Canadian Plastics

Excluding China, Scotiabank’s most recent Global Auto Report says, vehicle purchases fell by 3 per cent year-over-year worldwide.

February 22, 2019 News

Milacron reports increased sales in 2018

by Canadian Plastics

Despite the positive overall outcome for 2018, sales in the fourth quarter of the year were down, the machinery maker said, while orders also decreased.

February 22, 2019 News

Plastics machinery shipments finished strong in 2018

by Canadian Plastics

Shipments of injection molding and extrusion machinery in North America increased in the fourth quarter 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.

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 30, 2019 News

PolyOne’s revenue up nine per cent in 2018

by Canadian Plastics

But softening demand conditions in the fourth quarter most heavily impacted the company’s Performance Products and Solutions, and Specialty Engineered Materials segments.

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.