Canadian Plastics

Category
Materials


October 12, 2018 News

Covestro to build new world-scale MDI plant in Texas

by Canadian Plastics

The project, which is expected to cost approximately US$1.72 billion, is the largest single investment in Covestro’s history.

October 12, 2018 News

Celanese buys Indian compounder Next Polymers

by Canadian Plastics

Celanese expects to operate Next Polymer’s thermoplastic compounding product portfolio and production capabilities within the company’s engineered materials business.

October 10, 2018 News

Solvay names Ilham Kadri as next CEO

by Canadian Plastics

Kadri, 49, will begin training with outgoing CEO Jean-Pierre Clamadieu in January and officially take over the spot on March 1, 2019.

October 5, 2018 News

Borealis to build world-scale PDH plant in Belgium

by Canadian Plastics

The plant – which will have a targeted production capacity of 750,000 tonnes per year – is scheduled to start up in the first half of 2022.

October 1, 2018 News

Bayport Polymers to double polyethylene capacity at Texas site

by Canadian Plastics

The new unit will use Borstar technology and more than double the site’s polyethylene capacity to 1.1 million tonnes per year, with a start-up scheduled in 2021.

October 1, 2018 News

Sun Chemical names Myron Petruch as president and CEO

by Canadian Plastics

Petruch assumes leadership of Parsippany, N.J.-based Sun Chemical after serving as president of Sun Chemical Performance Pigments and general manager of the Pigments Products Division since 2008.

September 26, 2018 News

Westlake Chemical acquiring compounder Nakan for $265 million

by Canadian Plastics

France-based Nakan has eight production facilities worldwide and makes products used in the automotive, building and construction, and medical industries.

September 21, 2018 News

Mitsui Chemicals to establish production facility in Ohio for long-glass-fibre-reinforced polypropylene

by Canadian Plastics

Construction of the facility is scheduled to be completed in September 2019, with start-up planned for October 2019.

September 19, 2018 News

Chemical distributor Univar buying competitor Nexeo Solutions for $2 billion

by Canadian Plastics

But Univar also said that it has hired an external advisor “to evaluate strategic alternatives for Nexeo’s industry-leading plastics business, which may include a potential divestiture of the business.”

September 19, 2018 News

Clariant and Sabic to merge parts of their materials businesses

by Canadian Plastics

A memorandum of understanding signed by the two companies calls for Clariant to combine its additives and high value masterbatches with parts of Sabic’s specialties business to create a new joint venture business for high performance materials.

September 18, 2018 News

Ravago buys resin distributor Bolcof-Port Polymers

by Canadian Plastics

California-based Bolcof’s sales territory includes key accounts in Canada.

September 17, 2018 News

Swiss polymer suppliers Rehau, MB Barter merging into $2.5 billion business

by Canadian Plastics

Rehau and MB Barter will combine both their competencies in a new organization under one umbrella brand.

September 16, 2018 News

Invista adding 40,000 tons of nylon 6/6 capacity in Shanghai

by Canadian Plastics

Construction of the new project is targeted for mid-2019 and production is scheduled to begin in 2020.

September 16, 2018 News

Purging compound maker Sun Plastech names Joseph Serell as its president

by Canadian Plastics

Sun Plastech Inc., the manufacturer and distributor of AsaClean purging compounds, has appointed Joseph Serell as its new president. Serell succeeds outgoing president Glenn Kornfeld, who will assume new responsibilities at Sun Plastech’s parent company Asahi Kasei America, which is

September 11, 2018 News

Sabic approved to buy minority stake in Clariant

by Canadian Plastics

Chemical maker Sabic has won regulatory approval to buy a quarter of Swiss chemicals maker Clariant, which will make it Clariant’s biggest single shareholder.

September 4, 2018 News

Breen, Chroma, Carolina, and Hudson Color merge to form new colorant company

by Canadian Plastics

The four companies are all owned by New York City-based private equity firm Arsenal Capital Partners.

September 3, 2018 News

L.V. Lomas’ Canadian operation renamed IMCD Canada Ltd.

by Canadian Plastics

The name-change comes one year after the specialty chemical distributor was purchased by IMCD.

September 3, 2018 News

Total sells its polystyrene business in China to Ineos Styrolution

by Canadian Plastics

The deal includes the purchase of the wholly owned Chinese polystyrene business including two production sites in Ningbo and Foshan and two related offices in Guangzhou and Shanghai.

August 28, 2018 News

Conventus Polymers to distribute Kumho Polychem’s line of TPVs in North America

by Canadian Plastics

Kumho Polychem’s Innoprene TPV line includes 43 grades which are targeted for seal, gasket, cover, and hose applications for the automotive, industrial, electrical, sporting goods, and furniture markets.

August 25, 2018 News

Lightweighting, fuel efficiency drive high-performance plastic demand across auto, aerospace sectors: report

by 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.