Canadian Plastics


July 9, 2018 News

Carolina Color acquires competitor Chroma Corp.

by Canadian Plastics

Chroma produces custom formulated masterbatch colours, dry colours, additive concentrates, and pre-colour compounds for the packaging, electronic, safety, automotive, recreational, medical, and consumer products industries.

July 8, 2018 News

Nova names Greg DeKunder as new polyethylene marketing VP

by Canadian Plastics

DeKunder previously worked for more than two decades at petroleum refining company Total S.A., most recently as senior general manager, base chemicals for the Americas in Total’s refining and chemicals business.

July 3, 2018 News

Ineos plans to build its biggest chemicals plant yet

by Canadian Plastics

Ineos is to build a massive new chemical plant in what it says is the industry’s largest investment in Europe in 20 years.

June 29, 2018 News

Evonik to cut 1,000 jobs globally by 2020

by Canadian Plastics

The target, Essen, Germany-based Evonik said, is to reduce costs by 200 million euros by the end of 2020, with about two-thirds of the cost savings coming from administration and a third coming from sales functions. 

June 27, 2018 News

Medical fluid bags market will exceed $4.4 billion by 2024: report

by Canadian Plastics

Propelled partly by demand for drainage bags, the market for medical fluid bags is set to surpass US$4.4 billion by 2024, according to research from Global Market Insights

June 21, 2018 News

Judge orders Nova Chemicals to pay $1 billion to Dow Canada over ethylene plant dispute

by Canadian Plastics

Dow Canada alleged breach of contract against Nova over the operation of the E3 joint venture in Joffre, Alta.

June 20, 2018 News

Clariant opens new additives production facilities in China

by Canadian Plastics

The opening completes a multi-million dollar investment originally announced by Clariant last year.

June 20, 2018 News

LyondellBasell, Braskem confirm merger talks

by Canadian Plastics

LyondellBasell Industries and Odebrecht S.A., the controlling shareholder of Brazil-based Braskem SA, have confirmed that the companies have entered into exclusive talks regarding a potential merger that would give LyondellBasell a controlling stake in Braskem.

June 18, 2018 News

A. Schulman shareholders approve merger with LyondellBasell

by Canadian Plastics

The transaction still requires regulatory approvals in the European Union, Russia, and from the Committee on Foreign Investment in the U.S.

June 14, 2018 News

Covestro kicks off expansion in West Virginia

by Canadian Plastics

Polymer maker Covestro LLC has officially started an expansion at its production facility in New Martinsville, W.Va. that will increase its annual production capacity of thermoplastic polyurethane (TPU) in North America by 25 per cent through debottlenecking.

June 5, 2018 News

Americhem buys India’s Prescient Color Ltd.

by Canadian Plastics

Americhem described Prescient a leading Indian producer of high-end colour and additive masterbatches in several niche applications, including synthetic fibers, molding, and film applications.

June 1, 2018 News

PolyOne buys composites maker PlastiComp

by Canadian Plastics

Headquartered in Winona, Minn., PlastiComp supplies composites based on materials ranging from polypropylene to PEEK.

May 29, 2018 News

Huntsman to build new polyurethanes systems house in Dubai

by Canadian Plastics

Targeted for completion by the second half of 2019, Huntsman’s investment is designed to increase the company’s systems production capacity in the region and add a new dimension to its polyester polyol capabilities.

May 28, 2018 News

Nova, Total and Borealis close their petrochemical JV

by Canadian Plastics

The joint venture, named Bayport Polymers LLC, is 50 per cent owned by Total and 50 per cent owned by Novealis Holdings LLC, a joint venture between Borealis and Nova.

May 15, 2018 News

DSM to expand production of Dyneema fibers in U.S and the Netherlands

by Canadian Plastics

Strong demand for both Dyneema UD, a unidirectional laminate, and Dyneema-brand fiber is prompting the increase, the company said.

May 4, 2018 News

Global automotive plastics market to exceed $50 billion by 2024: report

by Canadian Plastics

The size of the North American automotive plastics market shows steady gains, the report from Global Market Insights Inc said, and is expected to exceed US$5 billion by 2024.

May 3, 2018 News

Sabic, ExxonMobil form joint venture for Gulf Coast petrochemical production

by Canadian Plastics

The project, which will be in Portland, Texas, is expected to include a 1.8 million tonne ethane cracker, a monoethylene glycol unit and two polyethylene units.

April 27, 2018 News

LyondellBasell profits up by 54 per cent in Q1 2018

by Canadian Plastics

Houston-based LyondellBasell reported US$1.2 billion in net income in the first quarter, up from US$797 million in the same period last year. Revenue rose from US$8.4 billion to US$9.8 billion.

April 24, 2018 News

NatureWorks names Richard Altice as new president and CEO

by Canadian Plastics

Bioplastics supplier NatureWorks LLC has named industry veteran Richard Altice as its new president and CEO, replacing Marc Verbruggen, who led the company from 2008 to his retirement in 2017. Altice comes to Minnetonka, Minn.-based NatureWorks from PolyOne Corp., where

April 18, 2018 News

Plastic-eating protein created in British lab could revolutionize recycling

by Canadian Plastics

A new enzyme is able to effectively break down PET, one of the most popular forms of plastic employed by the food and drinks industry.