Plastic lumber maker Tangent acquires rival Bedford Technologyby Canadian Plastics
The 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 2019by Canadian Plastics
The 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 reportsby Canadian Plastics
The 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 Texasby Canadian Plastics
The 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-19by Canadian Plastics
A 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 industriesby Canadian Plastics
The 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 employeeby Canadian Plastics
The 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 downby Canadian Plastics
Both 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 Brazilby Canadian Plastics
A 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 pandemicby Canadian Plastics
A 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 Chemicalsby Canadian Plastics
The $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 waveby Joseph Chang, Global Editor, ICIS Chemical Business
In 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 findsby Canadian Plastics
A 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 patientsby Canadian Plastics
The 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 concernsby Canadian Plastics
There are about 8,500 people working to build the $6 billion petrochemical plant near Pittsburgh.
ProMach acquires blister pack maker Pharmaworksby Canadian Plastics
In 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 spreadby Canadian Plastics
The 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 Dyneemaby Canadian Plastics
The 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 granulesby Rotogran International
Since 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 millionby Canadian Plastics
The deal will complement Huntsman’s Advanced Materials portfolio and improve its epoxy-based materials, Huntsman said.