News
Chemical maker Perstorp breaks ground on new production facility in India
by Canadian PlasticsConstruction of the facility began in October this year, with commercial production of Perstorp’s Penta material planned to start in the first quarter of 2022.
Constantia Flexibles opens 100% sustainable flexible packaging plant in India
by Canadian PlasticsLocated in Ahmedabad, the plant is said to be the world’s first facility designed to produce more sustainable and recyclable flexible packaging only.
Milacron’s sales down in Q3 2019
by Canadian PlasticsThe results come as the company prepares for its acquisition by industrial equipment maker Hillenbrand Inc.
Canadian plastics and chemistry associations to create new combined plastics division
by Canadian PlasticsIf approved, the agreement between the Chemistry Industry Association of Canada and the Canadian Plastics Industry Association (CPIA) would see the Toronto-based CPIA wound up and dissolved.
Ontario auto parts molder Axiom Group building first U.S. plant
by Canadian PlasticsThe facility, which represents an investment of approximately $20 million, will open at Overland Industrial Park in Toldeo, Ohio, by 2020.
Magna wins largest contract for transmission technologies in company history
by Canadian PlasticsThe multi-year contract calls for Magna to build dual-clutch transmissions, including hybrid variants, for strategic partner BMW Group.
Canadian auto sales fell back “modestly” in October, report says
by Canadian PlasticsU.S. auto sales also posted a decline in October, according to a new report from Scotiabank.
Canadian vinyl industry icon Vic De Zen receives Vinyl Institute’s Lifetime Achievement Award
by Canadian PlasticsDe Zen is currently the CEO and chairman of vinyl building product maker Vision Extrusion Group of Companies in Vaughan, Ont.
Dow Chemical agrees to $77 million environmental settlement in Michigan
by Canadian PlasticsThe proposed settlement compensates for damage to natural resources caused by pollution from Dow’s plant in Midland, Mich.
Material supplier MOL acquires compounder Aurora Group
by Canadian PlasticsAurora has production plants located nearby automotive manufacturing and plastics conversion clusters in Baden-Württemberg, Germany.
Hahn Group buys robotics integrator REI Automation
by Canadian PlasticsGermany-based Hahn said the acquisition “adds a hub in the important industrial area of the Southeast and strengthens its regional coverage in the United States.”
Nexeo Plastics and DSM sign distribution agreement for North America
by Canadian PlasticsThermoplastics distributor Nexeo will now carry and distribute DSM products from its advanced material portfolio throughout Canada, Mexico, and the U.S.
General Motors quitting Plastics Industry Association
by Canadian PlasticsAccording to Greenpeace, GM told the environmental group that it has allowed its membership with the U.S.-based plastics association to lapse.
North America automotive tooling spend to drop to US$6.8 billion, report says
by Canadian PlasticsThe key factor driving this reducing tooling spend is the decreased number of North American vehicles that will be sourced for production in 2020, the report from Harbour Results says.
Former Conair Group president Niles Kenyon passes away
by Canadian PlasticsKenyon, 78, led the auxiliary equipment maker from 1986 to 2004.
SPE Thermoforming Conference changing to biennial format
by Canadian PlasticsPreviously an annual event, the conference will now take place every other year, with the next event scheduled for Sept. 2021.
Sumitomo (SHI) Demag announces second phase of its expansion plan
by Canadian PlasticsThe injection molding machine maker’s plan includes the addition of a new facility and technical center in the Chicago area and a new training and demonstration center in Anaheim, Calif.
Nova Chemicals executive Mark Kay passes away
by Canadian PlasticsKay, 56, was Calgary-based Nova’s performance films group leader, and died suddenly on Oct. 19 while attending the K trade show in Germany.
Covestro sells PU business to private equity firm H.I.G. Capital
by Canadian PlasticsThe newly formed business will trade under the name Plixxent.
TPE maker United Soft Plastics opens Texas manufacturing plant
by Canadian PlasticsThe company’s new Houston facility is nearly 20,000 square feet and has 10 million lbs production capacity.