DIC Corp. to acquire BASF’s global pigments businessby Canadian Plastics
The 1.15-billion euro sale is intended to broaden DIC’s global pigment portfolio.
Nova Chemicals names Sarah Marshall as new director of sustainabilityby Canadian Plastics
Marshall will work with supply chain partners, customers, government officials, industry associations, and others to help create innovative solutions for plastics recycling and recovery.
Quebec EPS resin maker StyroChem sold to PMC Capitalby Canadian Plastics
StyroChem makes EPS materials for food service, packaging, construction, casting, and specialty applications, and has annual revenues of approximately $100 million.
BASF, Toray partner to bring tape technology to automotive sectorby Canadian Plastics
Toray will start producing continuous fibre-reinforced thermoplastic tapes using BASF’s Ultramid engineering thermoplastics, reinforcing BASF’s Ultramid PA6 resins with either glass fibre or carbon fibre.
PolyOne sells Performance Products and Solutions businessby Canadian Plastics
The material supplier is selling its PP&S unit to private investment firm SK Capital in a $775 million all-cash deal.
Domo Chemicals acquiring Solvay’s European performance polyamides businessby Canadian Plastics
The 300 million euro deal includes engineering plastics operations in France and Poland; high-performance fibres in France; and polymer and intermediates operations in France, Spain, and Poland.
Chromaflo buys dispersion division of Liquid Coloursby Canadian Plastics
Headquartered in South Africa, the acquisition will enhance Liquid Colours’ position in the sub-Saharan African region.
Ineos breaks ground on new Texas styrenics plantby Canadian Plastics
The new acrylonitrile styrene acrylate plant is expected to be operational by 2021.
Huntsman selling two chemical units to Indorama Ventures for $2 billionby Canadian Plastics
The company is selling its chemical intermediates and its surfactants units to Thailand-based Indorama.
Nova Chemicals announces new sustainability strategyby Canadian Plastics
The Calgary-based chemical maker’s new six-pronged sustainability commitment is designed to help eliminate plastic waste.
RTP acquires Zeotherm’s thermoplastic vulcanizate businessby Canadian Plastics
The transaction, which was completed in May 2019 but not announced until Aug. 6, encompasses all products sold globally under the Zeotherm TPV name.
Arkema buys specialty chemicals maker Lambsonby Canadian Plastics
The acquisition of Lambson, which develops photoinitiators for curing, is designed to expands Arkema’s Sartomer business unit product offering.
New Canadian company wants to build $5.6 billion petrochemical plant in B.C.by Canadian Plastics
The $5.6 billion petrochemicals site in Prince George would include a world-scale ethylene plant and polyethylene facility, with the majority of the polyethylene product being shipped to Asia.
Braskem drops plan to build West Virginia crackerby Canadian Plastics
The proposed plant would have been built on a 380 acre parcel of land near the town of Parkersburg, and would have included a polyethylene resin cracker.
LyondellBasell, Neste partner for bio-based plastic made from renewable materialsby Canadian Plastics
The partnership creates the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale.
Clariant CEO Ernesto Occhiello resigns after 10 monthsby Canadian Plastics
Occhiello’s departure comes as Clariant continues to negotiate with chemical supplier Sabic concerning the creation of a new business line.
New vice president for purging compound maker Sun Plastechby Canadian Plastics
The company, which manufactures and distributes AsaClean purging compounds, has appointed Phani Nagaraj to the position.
Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical dealby Canadian Plastics
In their second major deal in the past few weeks, the two companies have agreed to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the U.S.
Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontarioby Canadian Plastics
The investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.
Straw maker Stone Straw fights back with bioplastic strawsby Canadian Plastics
Traditional plastic straws are an endangered species nowadays, which is why this well-known Brantford, Ont.-based extruder is making the move to an eco-friendly plant-based alternative.