Canadian Plastics

Category
Materials


February 20, 2018 News

Global masterbatch market projected to exceed $14 billion by 2024: report

by Canadian Plastics

Driven in large part by the rising use of plastic alternatives for metal in automotive applications, the global masterbatch market is expected to grow at a compound annual growth rate of more than 5.4 per cent through 2024, a new study from market research firm Global Market Insights Inc. predicts.

February 19, 2018 News

Total, Borealis and Nova to form petrochemicals JV

by Canadian Plastics

Affiliates of chemical makers Total SA, Borealis AG, and Nova Chemicals Corp. have signed definitive agreements to form a petrochemical joint venture on the U.S. Gulf Coast.

February 15, 2018 News

LyondellBasell buying A. Schulman for $2.25 billion

by Canadian Plastics

The purchase doubles the size of LyondellBasell’s existing compounding business and creates a business with combined revenue of $4.6 billion.

February 15, 2018 News

Evonik opens new polyamide 12 powder plant in Germany

by Canadian Plastics

Specialty chemicals maker Evonik Industries AG has opened a new production line for specialty polyamide 12 powders at its global production site in Marl, Germany. In a statement, Germany-based Evonik said the new facility primarily produces high-performance powders for the

February 14, 2018 News

Solvay looking for a new CEO

by Canadian Plastics

Belgium-based specialty chemical supplier Solvay SA is looking for a successor for its CEO Jean-Pierre Clamadieu, following Clamadieu’s appointment as the chairman of French energy company Engie Group. 

February 13, 2018 News

Sabic expanding global capacity for PEI and PPE resin production

by Canadian Plastics

Material supplier Sabic has announced projects in Asia and the Netherlands designed to increase global capacity for its Ultem polyetherimide (PEI) and Noryl polyphenylene ether (PPE) engineering resins.

February 9, 2018 News

PolyOne to begin TPE production in India

by Canadian Plastics

Additives and colourants maker PolyOne will begin production of TPEs this summer at its existing facility in Pune, India.

February 9, 2018 News

RTP Co. to open new plant in Poland

by Canadian Plastics

The new 86,000-square-foot facility in Wroclaw is expected to open in summer of 2018, and is anticipated to employ about 25 workers.

February 4, 2018 News

Huntsman Corp. founder Jon Huntsman passes away

by Canadian Plastics

After founding Huntsman Container Co. in 1970, he developed the revolutionary polystyrene “clamshell” container used by fast food restaurants like McDonald’s in 1974. In 1982, Huntsman formed Huntsman Chemical Co. in Salt Lake City, Utah.

January 30, 2018 News

Montreal-based coatings maker Protech/Oxyplast Group acquires Chemionics Corp.

by Canadian Plastics

Headquartered in Tallmadge, Ohio, Chemionics develops and manufactures specialty plastisol and latex formulations.

January 27, 2018 News

PolyOne reports 10 per cent sales increase in 2017

by Canadian Plastics

The Avon Lake, Ohio-based company reported full-year sales of US$3.2 billion for 2017. Revenue increased 15 per cent to US$801 million as a result of increased momentum from commercial resource investments and a 3 per pent contribution from acquisitions.

January 26, 2018 News

Sabic buys 25 per cent stake in Clariant

by Canadian Plastics

The purchase, for an undisclosed price, makes Sabic the largest Clariant shareholder.

January 23, 2018 News

Nova Chemicals veteran Chris Bezaire to retire

by Canadian Plastics

Bezaire, who currently serves as Nova’s senior vice president, polyethylene business, will retire effective April 1, 2018. John Thayer, currently vice president polyethylene marketing, will assume the role of senior vice president, polyethylene business.

January 21, 2018 News

Clariant opens new masterbatch production site in Saudi Arabia

by Canadian Plastics

The goal of the new site, located in Yanbu, is to strengthen Clariant’s position in the Middle East and Africa.

January 15, 2018 News

Ube, JSR and Mitsubishi merge ABS resin businesses

by Canadian Plastics

After a slight delay, Japanese chemical makers Ube Industries, JSR Corp., and Mitsubishi Chemical Corp. have integrated their ABS resin businesses in a move that was first announced in March 2017. The new company is called Techno-UMG.

January 6, 2018 News

Marine organisms contribute to spread of microplastics in water: report

by Canadian Plastics

A study by UK’s University of Plymouth says that by tearing apart solid plastics, marinelife actually contributes to the spread of microplastics in the marine environment.

January 3, 2018 News

PolyOne acquires colourant and additive maker IQAP Masterbatch

by Canadian Plastics

PolyOne expands its specialty colour and additives expertise with its acquisition of the Spanish company.

January 2, 2018 News

Winpak to expand BOPA film capacity

by Canadian Plastics

Winnipeg, Man.-based rigid and flexible packaging supplier Winpak Ltd. has announced that its subsidiary American Biaxis Inc. has started to work on an expansion to add annual production capacity of 11,000 to 14,000 metric tonnes of biaxially oriented polyamide (BOPA)

January 2, 2018 News

Ravago Americas acquires Polymer Technology & Services

by Canadian Plastics

Polymer Technology, headquartered in Murfreesboro, Tenn., will become part of Ravago’s Amco Polymers’ business, which distributes commodity, engineering, and specialty polymers throughout North America.

December 18, 2017 News

W. R. Grace buying Albemarle’s polyolefin catalysts business

by Canadian Plastics

In a bid to boost its catalysts technology portfolio and manufacturing network, Columbia, Maryland-based material supplier W. R. Grace & Co. is buying the polyolefin catalysts business of specialty chemical firm Albemarle Corp. for US$416 million. In a statement, W.