The energy-efficient chemical supplier (and how to become one)by Canadian Plastics
Energy costs are on the rise in Ontario, and chemical manufacturers are huge consumers. So now is definitely the time to get serious about finding new and efficient ways of using your electricity. The good news? There’s a wealth of experts and incentive programs at hand to help you along.
New biodegradable plastics association is formedby Canadian Plastics
The Oxo-Biodegradable Plastics Federation was officially launched on February 1, 2016.
Dow names new executives for plastics unitsby Canadian Plastics
The Dow Chemical Company has announced two promotions within its plastics businesses. Midland, Mich.-based Dow has named Greg Jozwiak as business president of its Elastomers and Electrical and Telecommunications business. For the past three years, Jozwiak, had served as commercial…
Alberta unveils incentives program for petrochemicals sectorby Canadian Plastics
$500 million in royalty credits available over the 10-year program.
SPE partners with SpecialChem to bring material database to membershipby Canadian Plastics
The Society of Plastics Engineers (SPE) has partnered with France-based additives and masterbatch supplier SpecialChem to offer SPE members full access to SpecialChem’s Universal Selector database of plastics and additives. Access to the Universal Selector includes 125,000 datasheets, SPE said…
PolyOne buys TPE assets, technologies from Kraton for $72 millionby Canadian Plastics
In a bid to expand its global footprint in thermoplastic elastomer (TPE) innovation and design, materials maker PolyOne Corporation has acquired what it calls “certain technologies and assets” from material supplier Kraton Performance Polymers Inc. for US$72 million. The two…
Axiall rejects $1.4 billion offer from Westlake Chemicalby Canadian Plastics
Axiall Corporation, a U.S. chemical and building products maker, has rejected a US$1.4 billion dollar purchase offer by competitor Westlake Chemical Corporation. Westlake, a Houston, Tex.-based manufacturer and supplier of petrochemicals, polymers and building products, had argued that the combined…
Celanese now offering nylon 6, nylon 6/6by Canadian Plastics
Specialty material supplier Celanese Corporation is expanding into the nylon resin market. Dallas-based Celanese will now offer nylon 6 and nylon 6/6 grades, some of which will be available immediately and some which will be available beginning in the third…
Clariant breaks ground on new healthcare packaging plant in Indiaby Canadian Plastics
Specialty chemical maker Clariant has broken ground in Cuddalore, India on a new manufacturing plant for the healthcare industry. In December 2015, Clariant had announced plans to invest US$10 million in the plant, which will support the growing generic pharmaceutical…
Styrolution changes its name to Ineos Styrolutionby Canadian Plastics
Name change marks Styrolution GmbH’s integration under its new owner.
Brenntag to acquire German specialty polymers distributor Leisby Canadian Plastics
Germany-based chemical distributor Brenntag AG has acquired Leis Polytechnik polymere Werkstoffe GmbH, a supplier of high-performance polymer compounds also headquartered in Germany. The financial terms of the deal have not been disclosed. Leis delivers around 700 products for a wide…
DuPont closing famed Central Research & Development unitby Canadian Plastics
Closure will eliminate 10 per cent of the company’s workforce in 2016.
Celanese plans cellulose JV with China’s Push Groupby Canadian Plastics
U.S.-based chemical supplier Celanese Corporation has formed a joint venture with Chinese firm Push Group Co. Ltd. to make cellulose acetate-based specialty products, including high-quality plastics and films. “This is an exciting opportunity for Celanese, together with Push Group, to…
Ravago acquires Bay State Polymersby Canadian Plastics
Ravago Americas LLC has expanded its North American engineering resins business by acquiring Bay State Polymer Distribution Inc. The terms of the deal have not been disclosed. Westlake, Ohio-based Bay State Polymer will become part of Ravago’s Amco Polymers business,…
Dow Chemical to take full control of Dow Corning ventureby Canadian Plastics
Dow Chemical’s busy winter continues, as the company has signed definitive agreements to restructure the ownership of Dow Corning Corp., a 72-year-old joint venture with Corning Inc. that makes silicones used in tires. Dow Chemical Co., which just announced plans…
Dow Chemical, DuPont agree to mergeby Canadian Plastics
Billed as a “merger of equals”, the agreement calls for the two chemical suppliers to combine as DowDuPont, then separate into three independent publicly traded companies.
Solvay completes Cytec acquisitionby Canadian Plastics
Belgian chemical maker Solvay has completed its acquisition of U.S.-based composite materials supplier Cytec. The US$5.5 billion purchase was first announced in July 2015. “Cytec represents a decisive milestone in Solvay’s transformation and opens up new horizons for growth and…
PolyOne buys BASF’s Magenta Fibers businessby Canadian Plastics
In a move to expand its presence in the transportation and consumer goods markets, material supplier PolyOne Corporation has acquired BASF SE’s Magenta Master Fibers specialty solid color concentrates business for US$22 million. Magenta’s product offerings span a range of…
Dow and DuPont are in advanced talks to merge: reportsby Canadian Plastics
A deal could be announced in coming days, the reports say. Together, the companies are worth nearly US$120 billion.
U.S. House of Representatives passes ban on plastic microbeadsby Canadian Plastics
American Chemistry Council supports legislation.