Husky making global organizational changes; Michael Urquhart to retireby Canadian Plastics
Husky Injection Molding Systems is making changes to its global organization, creating a new combined business unit dedicated to medical and specialty packaging; the company has also announced the retirement of long-time veteran Michael…
Amcor loses one, wins oneby Canadian Plastics
On the heels of its unsuccessful bid to buy the North American assets of Constar International Holdings LLC., plastic bottle maker Amcor Ltd. has been cleared to buy Australia’s Detmold Flexibles Pty. Ltd. for $50 million.
Milacron buys co-injection technology supplier Kortecby Canadian Plastics
In a move to become a provider of fully integrated, turnkey co-injection barrier solutions, plastics processing equipment maker Milacron LLC has purchased Kortec Inc., a Rowley, Mass.-based supplier of turnkey co-injection systems to the…
Quebec’s Plastique Micron buys IMBC Blowmoldingby Canadian Plastics
Plastique Micron, a Sainte-Claire, Que.-based blow molding plastic container manufacturer, has purchased IMBC Blowmolding Inc., a plastics processor headquartered in Orangeville, Ont.
Silgan posts record income for 2013by Canadian Plastics
Silgan Holdings Inc., a supplier of rigid packaging for shelf-stable food and other consumer goods products, reported a record income per share for 2013.
CCL Industries acquires majority interest in Chilean ventureby Canadian Plastics
Specialty packager CCL Industries Inc. has acquired an additional 12.5 per cent interest in its Chilean wine label venture Acrus-CCL for US$1.2 million and now owns 62.5 per cent of the equity.
Flexible packaging spending in N. America to reach US$25 billion: reportby Canadian Plastics
Flexible packaging will grow into a US$25 billion business in North America during the next five years, according to a new forecast by UK-based market research firm PCI Films Consulting Ltd.
Lightweight packaging to boost U.S. consumption of plastics: reportby Canadian Plastics
Americans will be using 32,850 million more rigid plastic and flexible packs in 2017 than they were in 2012, making these the fastest-growing segments in the U.S. packaging industry.
CCL Industries shuttering Ont. manufacturing plantby Canadian Plastics
Toronto-based specialty packaging and labels firm CCL Industries has announced plans to close its aerosol manufacturing plant north of Toronto, affecting 170 employees.
Sealed Air selling medical packaging business for $125 millionby Canadian Plastics
Packaging provider Sealed Air Corporation has announced it has agreed to sell its rigid medical packaging business to private equity firm Mason Wells Buyout Fund III L.P., for US$125 million.
Amcor launches new Orora business following demergerby Canadian Plastics
Global packaging giant Amcor will call its demerged Australasia and Packaging Distribution (AAPD) business “Orora”.
European Union seeks to reduce plastic bag usageby Canadian Plastics
The European Commission has unveiled a proposal aimed at drastically reducing the use of plastic bags.
New report outlines “dramatic” growth in U.S. stand-up pouch marketby Canadian Plastics
The U.S. stand-up pouch market has seen dramatic growth over the past five years, increasing by 50 per cent in unit volume terms to approaching 17 billion units in 2013 – and will continue to grow by around seven per cent per annum to…
Ontario-based packager CCL Industries to acquire Advance Packaging Filmsby Canadian Plastics
Toronto-based specialty label and packaging maker CCL Industries is getting into the in-house extrusion business with an agreement to acquire the assets of Advanced Packaging Films GmbH, of Schkopau, Germany, for approximately $9 million in…
Tetra Pak survey reveals demand for environmental labelingby Canadian Plastics
A new survey by food packaging and processing company Tetra Pak highlights a rising demand for renewable materials and environmental labeling among consumers worldwide.
German packager Gizeh investing $15 million in new Ontario plantby Canadian Plastics
Gizeh Verpackungen GmbH & Co KG, a German manufacturer of rigid plastic packaging for the food industry is investing $15 million to open its first North American facility in Brantford, Ont.
ATS Automation to buy German cartoning machinery maker IWKby Canadian Plastics
Canada’s ATS Automation Tooling Systems has signed an agreement to acquire all shares of IWK Verpackungstecknik as well as Oystar IWK USA, a pharmaceutical and personal care tube filling and cartoning machinery group for 103 million euros.
Name change for flexible packager Seville Plasticsby Canadian Plastics
The Toronto-based Seville Plastics Inc. – a wholly-owned part of Covertech Fabricating Inc. – is changing its name to Covertech Flexible Packaging Inc. as of September 1, 2013.
NYC Council proposes 10-cent charge on grocery bagsby Canadian Plastics
New York City Council is mulling over a new bill that would force New York City grocers to charge 10 cents for each paper or plastic bag they give customers.
Alpha Poly Packaging invests, expandsby Canadian Plastics
There’s probably never a bad time to expand, but there are certain times when it feels just a little more exciting. Expanding after having survived the worst economic downturn since the Great Depression definitely qualifies — kind…