Plastics machinery shipments finished strong in 2018by 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.
Canadian auto sales down in January: Scotiabankby 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.
Global auto sales declined in 2018: Scotiabankby 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.
PolyOne’s revenue up nine per cent in 2018by 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.
Petrochemical growth spurt bodes well for Canada’s plastics industryby Canadian Plastics
Canada’s capital spending on industrial chemical industry projects is expected to jump by 65 per cent in 2019.
Magna expects 2019 sales to be hurt by a variety of factorsby 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.
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.