News
KraussMaffei decides not to exhibit at Fakuma 2020
by Canadian PlasticsWhile stressing the importance of the Fakuma trade show, KrassMaffei said that it could find no “viable” way to offer its customers and personnel a “satisfactory” trade show experience during the COVID-19 pandemic.
Plastimagen postponed until January 2021 due to COVID-19 concerns
by Canadian PlasticsOriginally scheduled for Nov. 10-13, the trade show will now run from Jan. 11-14, 2021 at the Citibanamex Center in Mexico City.
CIAC officially launches its new Plastics Division
by Canadian PlasticsThe former Canadian Plastics Industry Association has now officially become the Plastics Division of the Chemistry Industry Association of Canada, with a new vice president of the division to be announced in August.
Canadian Plastics podcast: Resin supply, demand and pricing during COVID-19, Part 3: Polystyrene
by Canadian PlasticsResin supply, demand and pricing during COVID-19 – A podcast series GUEST: Zachary Moore TOPIC: Resin supply, demand and pricing during COVID-19, Part 3: Polystyrene DESCRIPTION: In part three of our series, market expert Zachary Moore gives an overview of the North American…
PolyOne completes Clariant colour masterbatch acquisition, changes name to Avient
by Canadian PlasticsThe $1.44 billion purchase was first announced in December 2019.
DSM acquires part of Clariant’s 3D printing materials business
by Canadian PlasticsThe partial takeover will allow DSM to better serve its customers rapid product development needs, with 3D printing filaments and pellets that meet the requirements of specific applications.
Skills Ontario gets additional $3.5 million to promote skilled trades
by Canadian PlasticsThis most recent investment from the Ontario government comes on the heels of $1.5 million in new funding that the government provided earlier this year.
Wittmann names Domenik Nikollaj as head of sales in Vienna
by Canadian PlasticsThe new position is designed to give Wittmann’s international distribution network a central contact person for all activities relating to robots and peripheral equipment.
Nova enters high-density biaxially oriented polyethylene market
by Canadian PlasticsThe Calgary-based company has developed an HD-BOPE technology that will enable the replacement of BOPP or BOPET mixed material packaging films with all-polyethylene, recyclable multilayer film structures.
Seco Tools acquires cutting tool division of QCT in Mexico
by Canadian PlasticsThe cutting tool division is a solid carbide tooling manufacturer, specializing in custom products, and reconditioning, with three locations in Mexico.
Canadian small business confidence up slightly in June, CFIB survey says
by Canadian PlasticsSmall business confidence rose slightly in June to 54.6 points on the Canadian Federation of Independent Business Business Barometer, two points higher than May’s reading but still well below historical norms.
BP sells its petrochemicals business to Ineos for $5 billion
by Canadian PlasticsThe sale is part of BP’s plan to shift activities to renewable sources of energy.
Braskem completes construction of polypropylene production facility in Texas
by Canadian PlasticsThe new facility in La Porte has a designed production capacity of over 1 billion pounds per year, with full-scale commercial production activity currently expected in the third quarter of 2020.
Scotiabank accepting applications for next phase of CEBA program
by Canadian PlasticsThis third phase has expanded eligibility that enables broader groups of businesses to apply for financial relief.
Pace of the decline in global auto sales “moderated” in May, report says
by Canadian PlasticsThe latest Global Auto Report from Scotiabank says that a slow climb back has begun for global auto sales.
Canadian Plastics podcast: Resin supply, demand and pricing during COVID-19, Part 2: Polypropylene
by Canadian PlasticsResin supply, demand and pricing during COVID-19 – A podcast series GUEST: Zachary Moore TOPIC: Resin supply, demand and pricing during COVID-19, Part 2: Polypropylene DESCRIPTION: In part two, market expert Zachary Moore gives an overview of the North American polypropylene (PP) market,…
Injection mold maker Exacad gets funding for COVID-19 medical relief projects
by Canadian PlasticsThe Quebec-based injection mold designer and manufacturer is one of three Canadian companies receiving a total of $6 million in funding from supercluster Next Generation Manufacturing Canada.
Covestro CEO Markus Steilemann named as new head of PlasticsEurope
by Canadian PlasticsSteilemann will serve a three-year term as the new president of the association of plastics manufacturers in Europe.
Ineos Styrolution names Steve Harrington as new CEO
by Canadian PlasticsHarrington has a 30-year career in the chemical industry, the last 19 years working for Germany-based Ineos in commercial and senior management roles.
Maguire Canada now distributing for Rapid Granulator in Ontario, central and western Canada
by Canadian PlasticsThe Vaughan, Ont.-based auxiliary equipment supplier is the new distributor for size reduction technology specialist Rapid Granulator in the Canadian provinces of Ontario, Manitoba, Saskatchewan, Alberta, and British Columbia.