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.

June 1, 2018 News

PolyOne buys composites maker PlastiComp

by Canadian Plastics

Headquartered in Winona, Minn., PlastiComp supplies composites based on materials ranging from polypropylene to PEEK.

May 29, 2018 News

Huntsman to build new polyurethanes systems house in Dubai

by Canadian Plastics

Targeted for completion by the second half of 2019, Huntsman’s investment is designed to increase the company’s systems production capacity in the region and add a new dimension to its polyester polyol capabilities.

May 28, 2018 News

Nova, Total and Borealis close their petrochemical JV

by Canadian Plastics

The joint venture, named Bayport Polymers LLC, is 50 per cent owned by Total and 50 per cent owned by Novealis Holdings LLC, a joint venture between Borealis and Nova.

May 15, 2018 News

DSM to expand production of Dyneema fibers in U.S and the Netherlands

by Canadian Plastics

Strong demand for both Dyneema UD, a unidirectional laminate, and Dyneema-brand fiber is prompting the increase, the company said.

May 4, 2018 News

Global automotive plastics market to exceed $50 billion by 2024: report

by Canadian Plastics

The size of the North American automotive plastics market shows steady gains, the report from Global Market Insights Inc said, and is expected to exceed US$5 billion by 2024.

May 3, 2018 News

Sabic, ExxonMobil form joint venture for Gulf Coast petrochemical production

by Canadian Plastics

The project, which will be in Portland, Texas, is expected to include a 1.8 million tonne ethane cracker, a monoethylene glycol unit and two polyethylene units.

April 27, 2018 News

LyondellBasell profits up by 54 per cent in Q1 2018

by Canadian Plastics

Houston-based LyondellBasell reported US$1.2 billion in net income in the first quarter, up from US$797 million in the same period last year. Revenue rose from US$8.4 billion to US$9.8 billion.

April 24, 2018 News

NatureWorks names Richard Altice as new president and CEO

by Canadian Plastics

Bioplastics supplier NatureWorks LLC has named industry veteran Richard Altice as its new president and CEO, replacing Marc Verbruggen, who led the company from 2008 to his retirement in 2017. Altice comes to Minnetonka, Minn.-based NatureWorks from PolyOne Corp., where

April 18, 2018 News

Plastic-eating protein created in British lab could revolutionize recycling

by Canadian Plastics

A new enzyme is able to effectively break down PET, one of the most popular forms of plastic employed by the food and drinks industry.

April 13, 2018 News

Covestro CEO Patrick Thomas stepping down early

by Canadian Plastics

Thomas will hand over CEO position to Dr. Markus Steilemann on June 1, 2018, four months ahead of his original planned retirement.

April 12, 2018 News

Nova partners with distributors to expand reach in Mexico

by Canadian Plastics

M. Holland Company and Osterman & Company will distribute Nova’s butene linear low density polyethylene (LLDPE) in Mexico.

April 11, 2018 News

Dominion Colour Corp. merges with Lansco Colors

by Canadian Plastics

The merger of the Canadian and America colour pigment suppliers is designed to combine the strengths of both and to expand their product portfolios.

April 10, 2018 News

DowDuPont plans $100 million expansion at Texas facility

by Canadian Plastics

The investments will expand production capacity to support global growth of specialty materials manufactured at DowDuPont’s site in Orange, Texas.

April 9, 2018 News

Borealis names Alfred Stern as new CEO

by Canadian Plastics

Mark Garrett, CEO of Austrian material supplier Borealis, is leaving the company effective July 2, and will be replaced by current executive vice president Alfred Stern.

April 5, 2018 News

Clariant expects big growth in North America

by Canadian Plastics

North America is expected to become second largest market for Clariant with about $2 billion turnover forecasted by 2021.

April 4, 2018 Feature

HDPE bottle made from 100 per cent ocean-bound plastics surfaces

by Canadian Plastics

Sporting a silver metallic, pearlescent-effect finish, the world’s first HDPE bottle molded from 100 per cent ocean-bound plastic has just hit the market.

April 4, 2018 News

Riverdale Global builds first fully automated liquid colour manufacturing plant

by Canadian Plastics

The 200,000-square-foot facility in High Point, N.C. is due for completion this summer, and represents a $4 million investment.

April 3, 2018 News

AkzoNobel to sell its specialty chemicals to Carlyle Group

by Canadian Plastics

AkzoNobel is all set to sell of its specialty chemicals segment to Carlyle Group, a U.S. private equity firm. The deal will be for $12.5 billion in order to transform the company into a focused supplier of paints and coatings.