Rehau completes acquisition of MB Barter & Tradingby Canadian Plastics
Swiss-based MB Barter is a global distributor of commodity polymers, PET, and rubber globally, with 30 offices worldwide.
M. Holland signs North American distribution agreement with Borealisby 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.
Nova Chemicals establishes scholarship at Louisiana community collegeby Canadian Plastics
The $50,000 scholarship marks the 50th anniversary of Nova’s Geismar olefins facility.
Covestro becomes majority stakeholder in DIC Covestro Polymer JV in Japanby Canadian Plastics
The acquisition is part of Covestro’s expansion plan for its TPU business.
M. Holland partners with BASF to expand its 3D printing businessby Canadian Plastics
The agreement will give M. Holland’s industrial manufacturing clients access to the expanding BASF 3D product portfolio.
Vinmar Polymers expands into Canadaby Canadian Plastics
The Houston-based polymer reseller and distributor has named Daniel Peretz as its new commercial director for Canada.
Ineos buys Ashland’s composites business for $1 billionby 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.
Canadian plastics pioneer Frank Maine passes awayby 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.
DuPont to build new engineering plastics manufacturing facility in East Chinaby Canadian Plastics
The US$80 million site in Zhangjiagang, Jiangsu Province is expected to become operational in 2020 with expansion through 2023.
Clariant partners with Neste to replace fossil-based polymersby 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.
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.
Borealis buys controlling stake in South Korean cable compounderby Canadian Plastics
The purchase of Cheonan, South Korea-based DYM Solution is intended to expand Borealis’ Asian manufacturing base.
Vertellus names former PolyOne exec John Van Hulle as CEOby 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…
Worker dies in accident at Dow Canada plant in Albertaby 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.
Covestro to cut 900 jobs in cost savings moveby Canadian Plastics
The decision is part of the German plastics and chemicals firm’s plan to save 350 million euros by 2021.
Private equity firm Arsenal Capital acquires specialty polymers maker Polytekby 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.
Covestro to build new world-scale MDI plant in Texasby Canadian Plastics
The project, which is expected to cost approximately US$1.72 billion, is the largest single investment in Covestro’s history.
Celanese buys Indian compounder Next Polymersby Canadian Plastics
Celanese expects to operate Next Polymer’s thermoplastic compounding product portfolio and production capabilities within the company’s engineered materials business.
Solvay names Ilham Kadri as next CEOby 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.
Borealis to build world-scale PDH plant in Belgiumby 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.