Canadian Plastics


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. 

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.