December 14, 2018 News

Rehau completes acquisition of MB Barter & Trading

by Canadian Plastics

Swiss-based MB Barter is a global distributor of commodity polymers, PET, and rubber globally, with 30 offices worldwide.

December 11, 2018 News

M. Holland signs North American distribution agreement with Borealis

by Canadian Plastics

The thermoplastic resins distributor is now the North American distributor of PP from Borealis’ new PP compounding facility in Taylorsville, N.C., as well as imported PP, polyethylene, and Queo polyolefin plastomers and elastomers.

December 4, 2018 News

Nova Chemicals establishes scholarship at Louisiana community college

by Canadian Plastics

The $50,000 scholarship marks the 50th anniversary of Nova’s Geismar olefins facility.

November 30, 2018 News

Covestro becomes majority stakeholder in DIC Covestro Polymer JV in Japan

by Canadian Plastics

The acquisition is part of Covestro’s expansion plan for its TPU business.

November 22, 2018 News

M. Holland partners with BASF to expand its 3D printing business

by Canadian Plastics

The agreement will give M. Holland’s industrial manufacturing clients access to the expanding BASF 3D product portfolio.

November 21, 2018 News

Vinmar Polymers expands into Canada

by Canadian Plastics

The Houston-based polymer reseller and distributor has named Daniel Peretz as its new commercial director for Canada.

November 19, 2018 News

Ineos buys Ashland’s composites business for $1 billion

by Canadian Plastics

The deal, which is part of Ashland’s plans to focus on specialty chemicals, also includes the sale of its butanediol manufacturing facility in Marl, Germany.

November 12, 2018 News

Canadian plastics pioneer Frank Maine passes away

by Canadian Plastics

Trained as a polymer chemist, Maine worked in Quebec and Ontario and was perhaps best known for his work on oriented polymer composites.

November 8, 2018 News

DuPont to build new engineering plastics manufacturing facility in East China

by Canadian Plastics

The US$80 million site in Zhangjiagang, Jiangsu Province is expected to become operational in 2020 with expansion through 2023.

November 7, 2018 News

Clariant partners with Neste to replace fossil-based polymers

by Canadian Plastics

In the first phase of the partnership, the companies will start replacing fossil-based ethylene and propylene used in Clariant’s hot-melt adhesives with monomers derived from Neste’s renewable feedstock.

November 1, 2018 News

LCY Chemical buys assets of Montreal’s BioAmber Inc.

by Canadian Plastics

The purchase was made by LCY’s green sciences division, LCY Biotechnology, and includes BioAmber’s shuttered plant Sarnia, Ont.

October 29, 2018 News

Borealis buys controlling stake in South Korean cable compounder

by Canadian Plastics

The purchase of Cheonan, South Korea-based DYM Solution is intended to expand Borealis’ Asian manufacturing base.

October 26, 2018 News

Vertellus names former PolyOne exec John Van Hulle as CEO

by Canadian Plastics

Specialty chemical maker Vertellus Holdings LLC has named former PolyOne Corp. executive John Van Hulle as its new CEO. In a statement, Indianapolis, Ind.-based Vertellus said Van Hulle brings more than three decades of leadership experience in the specialty chemical

October 26, 2018 News

Worker dies in accident at Dow Canada plant in Alberta

by Canadian Plastics

The 47-year-old victim was killed on Oct. 24 after being pinned by a drum dumper, which loads material into a hopper, at Dow’s polyethylene plant in Red Deer.

October 25, 2018 News

Covestro to cut 900 jobs in cost savings move

by Canadian Plastics

The decision is part of the German plastics and chemicals firm’s plan to save 350 million euros by 2021.

October 24, 2018 News

Private equity firm Arsenal Capital acquires specialty polymers maker Polytek

by Canadian Plastics

Headquartered in New York City, Arsenal has previously built Accella Performance Materials, a polyurethanes systems company, through nine strategic acquisitions, and Elite Comfort Solutions, a manufacturer of specialty polyurethane foam technologies serving the bedding market.

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.