U.S. plastics shipments, jobs rose in 2017: reportby 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.
Canadian vehicle sales down in December: Scotiabankby Canadian Plastics
But auto purchases in the U.S. recorded their highest one-month total since October 2017, the new report from Scotiabank said.
World auto sales growth stalls in 2018: Scotiabankby 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.
North American plastics machinery shipments up 4 per cent in Q3 2018by Canadian Plastics
The sales figures are compiled by the Plastics Industry Association’s Committee on Equipment Statistics.
Weak sales in China drove global auto purchases down in October: Scotiabankby 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.
Big gains forecast for global automotive plastic market: reportby 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.
North American automotive vendor tooling spend to be $8 billion in 2019: reportby Canadian Plastics
The drop in spending is directly related to reduced launches from the Detroit Three automakers, the new report from market research firm Harbour Results says.
Engel reports “moderate growth” despite slowdown in North American salesby Canadian Plastics
Engel is forecasting a six per cent increase in earnings over last year, with Germany representing the “lion’s share” of the sales.
Orders and sales are up for KraussMaffei Groupby Canadian Plastics
The German processing machinery maker is also expanding its business model as well as digital services and products, and introducing a new speed-to-market program for European customers.
Canadian vehicle purchases dropped in September: Scotiabankby 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.
Blow molded plastic bottle market will grow by four per cent annually to 2022: reportby Canadian Plastics
Growth will be led by the rising adoption of PET packaging, the report from market research firm Technavio says.
Plastics machinery shipments in North America up again: reportby 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.
Canada’s weak auto sales continues: Scotiabankby Canadian Plastics
Auto sales growth has also slowed down markedly in the U.S. and Mexico, a new report from Scotiabank says.
Lightweighting, fuel efficiency drive high-performance plastic demand across auto, aerospace sectors: reportby Canadian Plastics
Adoption of composite-grade HPPs could take the global market past US$3 billion by 2024, a new study by Frost & Sullivan says.
Auto industry suppliers pessimistic about U.S. trade policies: surveyby Canadian Plastics
Trade policy uncertainty is causing pessimism across the automotive supply base, despite a strong sales and production environment, a new survey conducted by the Original Equipment Suppliers Association says.
Global plastic injection molding market to reach $233 billion by 2023: reportby Canadian Plastics
Rising demand across several vertical industries, such as packaging and food and beverages, is expected to drive growth, the new report from BCC Research says.
Magna lowers 2018 outlook over uncertainty caused by tariffs, trade negotiationsby Canadian Plastics
The Canadian automotive parts maker – which has manufacturing operations in all three NAFTA countries, China and throughout Europe – reduced its estimate for total sales in 2018 by 1.4 per cent from its previous outlook.
Canadian vehicle sales down in July: Scotiabankby Canadian Plastics
The drop was led by poor Fiat-Chrysler sales, which recorded their worst month since early-2014.
Global auto sales expanded at a solid pace in the first half of 2018: reportby Canadian Plastics
But cracks are beginning to appear in certain emerging economies, a new report from Scotiabank says, and the threat of rising U.S. protectionism seems to have impacted vehicle sales in China.
Milacron reports solid growth in Q2 2018by Canadian Plastics
Record sales driven by nine per cent consumables growth highlights a solid second quarter, the company said.