July 4, 2019 News

Lanxess intensifies its blow molding activities

by Canadian Plastics

The German specialty chemicals company is setting up a global team to develop blow molding materials and also commissioning a new blow molding system at its technical centre in Dormagen.

July 2, 2019 News

Gelest acquires polymer maker Bimax

by Canadian Plastics

The acquisition bolsters Gelest’s portfolio of specialty materials and solutions.

June 28, 2019 News

BASF plans to cut 6,000 jobs

by Canadian Plastics

Citing a slowing demand for chemicals, BASF said its efforts to reduce its workforce will take until the end of 2021.

June 27, 2019 News

Chroma Color names Gerald Baillargeon as new CFO

by Canadian Plastics

Baillargeon has held CFO positions with several companies during his career.

June 25, 2019 News

American Chemistry Council names Christopher Jahn as new president and CEO

by Canadian Plastics

Jahn currently serves as president and CEO of the Fertilizer Institute, and will succeed outgoing ACC head Cal Dooley in October 2019.

June 24, 2019 News

Chevron Phillips, Qatar Petroleum team up for giant petrochemical project in Middle East

by Canadian Plastics

The new petrochemical plant will be built in Qatar, and will produce ethylene and HDPE when it comes online by 2025.

June 21, 2019 News

Chevron Phillips offers $15 billion for Nova Chemicals, report says

by Canadian Plastics

The Reuters news agency reports that Chevron Phillips, based in the Woodlands, Texas, was bidding more than $15 billion for Calgary-based Nova.

June 18, 2019 News

Ontario-based compounder Optima Colour bought by industry veterans

by Canadian Plastics

Cambridge, Ont.-based Optima has been acquired by a group of purchasers headed by Kurt Stahle, the owner of material supplier Simcoe Plastics Ltd.

June 17, 2019 News

ExxonMobil, Sabic proceeding with chemical plant construction in Texas

by Canadian Plastics

Construction of the chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas will begin in the third quarter of 2019 and startup is anticipated by 2022.

June 6, 2019 News

LyondellBasell drops its bid to purchase Braskem

by Canadian Plastics

After more than a year of negotiations, petrochemical giant LyondellBasell Industries NV says that it has ended talks with Braskem SA’s controlling shareholder, Brazilian construction conglomerate Odebrecht SA, to acquire Braskem.

June 4, 2019 News

Ineos to invest $2 billion in Saudi Arabia

by Canadian Plastics

The investment to build three “world-scale” specialty chemical plants marks the British chemical giant’s first production footprint in the Middle East.

May 29, 2019 News

Polymer supplier Vinmar launches European distribution unit, Axia Plastics

by Canadian Plastics

Axia Plastics will initially have local sales, technical and customer service teams servicing the UK, Germany, Austria, Switzerland, and Poland.

May 28, 2019 Feature

GreenMantra Technologies: Waste not, want not

by Canadian Plastics

By transforming post-consumer plastics into value-added polymers and waxes, this Brantford, Ont.-based clean technology company is offering processors a whole new world of specialty materials.

May 27, 2019 News

Sabic makes new investment in high-heat Ultem, Extem resin capacity

by Canadian Plastics

The company’s new production facility in Singapore is due to come on-stream in the first half of 2021.

May 22, 2019 News

BASF announces plans to build its largest Asian plastics plant

by Canadian Plastics

The 60,000-metric-ton annual capacity engineering plastics compounding plant in Zhanjiang will meet rising demand for more sustainable automotive parts and lightweight materials for consumer products, BASF said.

May 13, 2019 News

Vinmar Polymers names national account manager for Canada

by Canadian Plastics

The Houston, Tex.-based polymer reseller and distributor has expanded its Canadian plastics team by appointing Cole McGuffin to the position.

May 12, 2019 News

DSM expands in India with acquisition of SRF’s specialty materials business

by Canadian Plastics

SRF’s engineering plastics business realized sales of about US$37 million in 2018 and has seen double-digit growth in recent years, DSM said.

May 8, 2019 News

ExxonMobil investing $2 billion to expand Texas chemical plant

by Canadian Plastics

The expansion of the company’s facility in Baytown is expected to start up in 2022 and includes a new Vistamaxx performance polymer unit.

May 7, 2019 Feature

Polymers give early warning signs of stress

by Canadian Plastics

Researchers from Switzerland’s University of Fribourg and Japan’s Hokkaido University have devised a polymer with a sensor molecule that glows when it’s stretched, signalling that mechanical stress is building towards a catastrophic part failure.

April 29, 2019 News

Parker Hannifin buying adhesives, coatings maker Lord Corp. for $3.6 billion

by Canadian Plastics

The purchase of Cary, N.C.-based Lord will expand Parker Hannifin’s engineered materials business.