News
Plastic lumber maker Tangent acquires rival Bedford Technology
by Canadian PlasticsThe acquisition combines both business’ innovation teams and expands their plastic lumber product lines.
Haitian Group reports “good” results amid “difficult year for the global economy” in 2019
by Canadian PlasticsThe China-based injection molding machine maker recorded an overall sales decrease of 9.6% last year compared to 2018, but still sold more than 32,000 units for the year ending Dec. 31, 2019.
COVID-19 drives small business confidence in Canada to record low, survey reports
by Canadian PlasticsThe Business Barometer Index is at a record low 30.8, a new Canadian Federation of Independent Business survey found, well under the previous lows near 39 recorded in both the 2008 and 1990 recessions.
Lorenz Conveying Products has new sales representation in Texas
by Canadian PlasticsThe Cobourg, Ont.-based company has appointed ACFM Inc., a distributor of air and gas handling systems in both pressure and vacuum applications, to handle its products in the Lone Start State.
Ontario government asking manufacturers to help fight COVID-19
by Canadian PlasticsA new government website removes barriers for companies to provide essential goods and services such as ventilators and masks.
Flexicon granted waiver as supplier to essential industries
by Canadian PlasticsThe bulk materials handling equipment supplier has been granted a waiver by the State of Pennsylvania to continue operating during the COVID-19 outbreak due to its role in the supply chain for life-sustaining businesses.
U.S. injection molder Tessy Plastics gives $2,000 to each employee
by Canadian PlasticsThe payments are intended to help workers with the New York state-based company get through the coronavirus pandemic.
Ontario, Quebec order all non-essential businesses to shut down
by Canadian PlasticsBoth provinces will keep the orders in effect for at least two weeks, and both allow priority manufacturing to continue.
Klöckner Pentaplast completes major pharma capacity expansion in Brazil
by Canadian PlasticsA new state-of-the-art coating line has increased the company’s pharmaceutical packaging film coating capacity for South America by over 30 per cent.
Italian plastics machinery makers given permission to keep operating during COVID-19 pandemic
by Canadian PlasticsA new decree of the Italian President of the Council of Ministers gives all Italian manufacturers of plastics and rubber machinery permission to continue their activity, since they belong to a production chain defined as necessary.
Hillenbrand selling Cimcool business to DuBois Chemicals
by Canadian PlasticsThe $224-million sale follows Hillenbrand’s strategic review of alternatives for the Cimcool metalcutting fluids business, which was part of Hillenbrand’s 2019 acquisition of Milacron Holdings Corp.
Chemical and oil companies to slash capital spending, slowing investment wave
by Joseph Chang, Global Editor, ICIS Chemical BusinessIn the wake of the coronavirus and collapse in crude oil prices, chemical, oil and gas, and midstream companies will all slash capital spending for growth projects to preserve cash.
Half of Canada’s small firms report a drop in sales due to COVID-19, survey finds
by Canadian PlasticsA quarter of the respondents said they won’t survive a month with a drop in income of more than 50 per cent.
Italian startup 3D-prints medical valves to help COVID-19 patients
by Canadian PlasticsThe valves were printed when the regular supplier wasn’t able to provide the devices to a hospital in Brescia, northern Italy, in time to meet sudden high demand.
Shell suspends construction on Pennsylvania cracker due to COVID-19 concerns
by Canadian PlasticsThere are about 8,500 people working to build the $6 billion petrochemical plant near Pittsburgh.
ProMach acquires blister pack maker Pharmaworks
by Canadian PlasticsIn a bid to beef up its portfolio of pharmaceutical solutions, packaging solutions provider ProMach has acquired Pharmaworks, a supplier of blister packaging technology for the pharmaceutical, consumer goods, and contract packaging industries. The financial terms of the deal have…
Ford, GM, Fiat Chrysler suspend all North American production to stop coronavirus spread
by Canadian PlasticsThe decisions follow discussions with the United Autoworkers Union as it urged the Big Three automakers to help look out for workers’ wellbeing.
DSM partners with Sabic and UPM Biofuels to create bio-based Dyneema
by Canadian PlasticsThe partnership represents a big step in realizing Dyneema’s goal of sourcing at least 60 per cent of its feedstock from bio-based raw materials by 2030.
SPONSORED CONTENT: Rotogran’s blower/cyclone offers continuous and efficient evacuation of granules
by Rotogran InternationalSince 1982, ROTOGRAN INTERNATIONAL INC. has manufactured granulators and closed-loop granulating systems for the plastics and recycling industries. In use around the world, ROTOGRAN granulating systems are the workhorse of the breed…OUTPERFORMING and OUTLASTING all others in the marketplace today.…
Huntsman to acquire CVC Thermoset Specialties for $300 million
by Canadian PlasticsThe deal will complement Huntsman’s Advanced Materials portfolio and improve its epoxy-based materials, Huntsman said.