Category
Materials


March 27, 2020 News

Ube Industries to acquire North American compound manufacturer

by Canadian Plastics

The Japanese industrial conglomerate is acquiring Franklin, Indiana-based Premium Composite Technology North America Inc. for an undisclosed amount.

March 23, 2020 News

Chemical and oil companies to slash capital spending, slowing investment wave

by Joseph Chang, Global Editor, ICIS Chemical Business

In the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending for growth projects to preserve cash.

March 20, 2020 News

Shell suspends construction on Pennsylvania cracker due to COVID-19 concerns

by Canadian Plastics

There are about 8,500 people working to build the $6 billion petrochemical plant near Pittsburgh.

March 18, 2020 News

DSM partners with Sabic and UPM Biofuels to create bio-based Dyneema

by Canadian Plastics

The partnership represents a big step in realizing Dyneema’s goal of sourcing at least 60 per cent of its feedstock from bio-based raw materials by 2030.

March 18, 2020 News

Huntsman to acquire CVC Thermoset Specialties for $300 million

by Canadian Plastics

The deal will complement Huntsman’s Advanced Materials portfolio and improve its epoxy-based materials, Huntsman said.

March 18, 2020 News

PolyOne makes new leadership appointments ahead of Clariant acquisition

by Canadian Plastics

The Avon Lake, Ohio-based company is establishing two leadership roles with designated regional responsibilities for its Colour, Additives and Inks segment.

March 18, 2020 News

Mitsubishi Chemical buys two European plastics recycling companies

by Canadian Plastics

In a move to bring supply of recycled resins in-house, the Tokyo-based chemical firm has acquired Swiss recycling firms Minger Kunststofftechnik AG and Minger Plastic AG.

March 13, 2020 News

Domo Chemicals to build nylon compounding plant in China

by Canadian Plastics

The new plant will be capable of producing 50,000 tonnes of sustainable and innovative engineered nylon compounds each year.

March 12, 2020 News

Ingenia Polymers acquires La Porte, Texas operations of LyondellBasell

by Canadian Plastics

In a statement, Toronto-based Ingenia said that the acquisition “brings added expertise and capacity to its team and infrastructure, increases its leadership in the polymer producer services market, and expands its capability to serve the converter market.”

March 9, 2020 Feature

Suit inspired by Batman could protect wearers from coronavirus

by Canadian Plastics

Beijing design firm Penda has invented a shield-like suit with advanced coronavirus-fighting capabilities that it says can protect wearers from the potentially deadly virus.

March 9, 2020 News

Rotomolder Tank Holding buys Hoover Ferguson intermediate bulk container manufacturing assets

by Canadian Plastics

In a statement, Tank Holding said that the purchase further strengthens its market position as the leading North American manufacturer of reusable and returnable IBCs used to transport chemicals and food products.

March 6, 2020 News

Merger of two colourant suppliers renamed as DCL Corp.

by Canadian Plastics

Following the merger of pigment suppliers Dominion Colour Corp. and Lansco Colors in 2018, the business has now been renamed as DCL Corp.

March 4, 2020 News

India’s Prescient Color changes name to integrate with Americhem

by Canadian Plastics

Two years after being bought by colourant supplier Americhem, India-based Prescient Color Ltd. has changed its name to Americhem Polymers India Private Ltd.

March 3, 2020 Feature

Plastic additives make for more durable highways in India

by Canadian Plastics

By preventing polymer degradation, light stabilizers from BASF are extending the service lifespan of geotextiles used as the country ramps up its road construction.

March 2, 2020 News

Jack Welch, plastics pioneer and former General Electric CEO, dies at 84

by Canadian Plastics

Welch joined GE’s plastics division in 1960 and rose to become the industrial giant’s president and CEO in 1981. He was inducted into the Plastics Hall of Fame in 2006.

February 26, 2020 News

JEC World 2020 is postponed due to coronavirus outbreak

by Canadian Plastics

The 2020 edition of the JEC World composites trade show in Paris has been postponed from March 3-5 to May 12-14, 2020.

February 24, 2020 Feature

New polymer patch can mend a broken heart

by Canadian Plastics

Bioengineers at the Trinity College in Dublin have developed a prototype polymer-based patch that could be used to repair damaged heart tissue following a heart attack.

February 24, 2020 News

BASF pledges to have women in 30 per cent of leadership roles by 2030

by Canadian Plastics

This latest goal follows on the heels of a similar BASF target, set in 2015, of increasing the proportion of women in leadership roles to 22 to 24 per cent as of 2021, which it achieved at the end of 2019.

February 21, 2020 News

Breen back as CEO as DuPont makes leadership changes

by Canadian Plastics

CEO Marc Doyle is being replaced by chairman Ed Breen after a management shakeup, and Lori Koch has been named as chief financial officer.

February 21, 2020 News

Wacker to cut 1,000 jobs in cost-saving measure

by Canadian Plastics

The Germany-based chemical maker said the job cuts will affect its administrative departments and the “indirect, non-operational functions” of its business divisions