Canadian Plastics

Category
Materials


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.

August 22, 2018 News

Teijin to acquire Inapal to expand European automotive business

by Canadian Plastics

Inapal, headquartered in Portugal, is a Tier One supplier of composite components to the automotive and heavy truck industries.

August 21, 2018 News

LyondellBasell completes $2.25 billion Schulman acquisition

by Canadian Plastics

The combined operations will create the largest compounding company in the world with some 6,600 employees and annual revenue expected to exceed $4.6 billion.

August 14, 2018 News

Sabic now collaborating with design firm Nottingham Spirk

by Canadian Plastics

The goal of the collaboration is to develop new uses for Sabic’s specialty materials.

August 13, 2018 News

Invista to build $1 billion adiponitrile plant in China

by Canadian Plastics

The U.S.-based material firm says it will be the first large new plant for the nylon 6,6 raw material in 35 years.

August 8, 2018 News

Americhem adding TPE/TPU compounding line at China plant

by Canadian Plastics

The masterbatch supplier is expanding operations at its Suzhou, China, plant with a new, state-of-the-art extrusion line for soft polymer compounding; this is the second expansion in three years for the facility.

August 1, 2018 News

Montreal-based sustainable chemicals maker BioAmber plans to liquidate

by Canadian Plastics

BioAmber filed for bankruptcy in early May, and has been unable to find a buyer for its assets since then.

August 1, 2018 News

Ascend Performance Materials acquires thermoplastics maker Britannia Techno Polymer

by Canadian Plastics

The purchase will provide Houston-based Ascend with an engineering plastics manufacturing base in Europe and an expansion to its portfolio of proprietary compounds.

July 25, 2018 News

Lanxess plans to invest $580 million in North American operations

by Canadian Plastics

Lanxess’ decision to bolster its North American footprint comes after its 2017 acquisition of chemicals group Chemtura and its purchase of Solvay’s phosphorous chemicals business in 2018.

July 25, 2018 News

Milliken appoints Halsey Cook as next president and CEO

by Canadian Plastics

Effective September 1, industry veteran Cook will take the helm of the Spartanburg, S.C.-based specialty chemical maker.

July 24, 2018 News

Saudi Aramco confirms its interest in acquiring Sabic

by Canadian Plastics

JPMorgan, Morgan Stanley have been picked to advise on Aramco’s Sabic deal, news sources say.

July 23, 2018 News

Nova Chemicals appeals ruling that it pay Dow $1 billion in damages

by Canadian Plastics

In June, a judge ordered Nova to pay $1.06 billion to Dow Canada over an ethylene plant dispute in Joffre, Alta.

July 21, 2018 News

Japan’s Asahi Kasei acquiring Sage Automotive Interiors for $1.1 billion

by Canadian Plastics

Sage, founded in 2009 and located in Greenville, S.C., is a Tier 2 supplier of seat fabric and other automotive interior applications.

July 14, 2018 News

Simcoe Plastics now co-distributing two new CPC grades in Canada

by Canadian Plastics

The Barrie, Ont.-based company has partnered with DME-Milacron to distribute two new Fresh Start Polymers’ commercial purging compound grades in Canada. 

July 12, 2018 News

Carolina Color appoints Tom Bolger as CEO

by Canadian Plastics

Bolger, a 30-plus-year veteran of the colour and additive concentrate business, is the former CEO of Chroma Color Corp., which Carolina Color acquired last week.

July 11, 2018 News

BASF acquires two manufacturers of 3D printing materials

by Canadian Plastics

In another step forward in its strategy to occupy the 3D printing materials market, chemical supplier BASF has purchased Advanc3D Materials GmbH in Hamburg, Germany and Setup Performance SAS in Lyon, France.

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.