Category
Materials
Domo Chemicals acquiring Solvay’s European performance polyamides business
by Canadian PlasticsThe 300 million euro deal includes engineering plastics operations in France and Poland; high-performance fibres in France; and polymer and intermediates operations in France, Spain, and Poland.
Chromaflo buys dispersion division of Liquid Colours
by Canadian PlasticsHeadquartered in South Africa, the acquisition will enhance Liquid Colours’ position in the sub-Saharan African region.
Ineos breaks ground on new Texas styrenics plant
by Canadian PlasticsThe new acrylonitrile styrene acrylate plant is expected to be operational by 2021.
Huntsman selling two chemical units to Indorama Ventures for $2 billion
by Canadian PlasticsThe company is selling its chemical intermediates and its surfactants units to Thailand-based Indorama.
Nova Chemicals announces new sustainability strategy
by Canadian PlasticsThe Calgary-based chemical maker’s new six-pronged sustainability commitment is designed to help eliminate plastic waste.
RTP acquires Zeotherm’s thermoplastic vulcanizate business
by Canadian PlasticsThe transaction, which was completed in May 2019 but not announced until Aug. 6, encompasses all products sold globally under the Zeotherm TPV name.
Arkema buys specialty chemicals maker Lambson
by Canadian PlasticsThe acquisition of Lambson, which develops photoinitiators for curing, is designed to expands Arkema’s Sartomer business unit product offering.
New Canadian company wants to build $5.6 billion petrochemical plant in B.C.
by Canadian PlasticsThe $5.6 billion petrochemicals site in Prince George would include a world-scale ethylene plant and polyethylene facility, with the majority of the polyethylene product being shipped to Asia.
Braskem drops plan to build West Virginia cracker
by Canadian PlasticsThe proposed plant would have been built on a 380 acre parcel of land near the town of Parkersburg, and would have included a polyethylene resin cracker.
LyondellBasell, Neste partner for bio-based plastic made from renewable materials
by Canadian PlasticsThe partnership creates the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale.
Clariant CEO Ernesto Occhiello resigns after 10 months
by Canadian PlasticsOcchiello’s departure comes as Clariant continues to negotiate with chemical supplier Sabic concerning the creation of a new business line.
New vice president for purging compound maker Sun Plastech
by Canadian PlasticsThe company, which manufactures and distributes AsaClean purging compounds, has appointed Phani Nagaraj to the position.
Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical deal
by Canadian PlasticsIn their second major deal in the past few weeks, the two companies have agreed to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the U.S.
Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontario
by Canadian PlasticsThe investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.
Straw maker Stone Straw fights back with bioplastic straws
by Canadian PlasticsTraditional plastic straws are an endangered species nowadays, which is why this well-known Brantford, Ont.-based extruder is making the move to an eco-friendly plant-based alternative.
Lanxess intensifies its blow molding activities
by Canadian PlasticsThe German specialty chemicals company is setting up a global team to develop blow molding materials and also commissioning a new blow molding system at its technical centre in Dormagen.
Gelest acquires polymer maker Bimax
by Canadian PlasticsThe acquisition bolsters Gelest’s portfolio of specialty materials and solutions.
BASF plans to cut 6,000 jobs
by Canadian PlasticsCiting a slowing demand for chemicals, BASF said its efforts to reduce its workforce will take until the end of 2021.
Chroma Color names Gerald Baillargeon as new CFO
by Canadian PlasticsBaillargeon has held CFO positions with several companies during his career.
American Chemistry Council names Christopher Jahn as new president and CEO
by Canadian PlasticsJahn currently serves as president and CEO of the Fertilizer Institute, and will succeed outgoing ACC head Cal Dooley in October 2019.