News

Petro-Canada gets funding for cross-country electric vehicle fast-charging network

The federal government is awarding Petro-Canada $4.6 million to build 92 electric vehicle fast chargers, with the first completed station being in Stewiacke, N.S.

in its coast-to-coast network.

Pretium Packaging invests $2 million in PET blow molding equipment for Alabama plant

The new equipment has the capability of producing containers ranging from 6oz to 2L and finishes from 24 to 45 mm.

Eclipse Automation buys Hungarian automation supplier Transmoduls

The purchase allows Cambridge, Ont.-based Eclipse to expand into Europe to support the growing automation market.

KFC Canada to phase out plastic straws and bags this year

By October 2019, plastic straws and plastic bags will no longer be used or provided at any KFC restaurant locations across Canada.

Sidel joins Ellen MacArthur’s New Plastics Economy Global Commitment

This worldwide initiative was launched in 2018 with the goal of addressing the plastic waste and pollution crisis at its source and keeping plastics within the economy.

Hillenbrand buying Milacron for $2 billion

The combined company is expected to generate annual sales of approximately US$3 billion and free cash flow of more than US$325 million by 2021.

Dynamic Conveyor hires new sales manager

The conveying system supplier has appointed John Stong, an industrial machine manufacturing industry veteran, to fill the role.

Tekni-Plex purchases South American closure liner manufacturer Geraldiscos

Geraldiscos manufactures closure liners and induction seals for a wide variety of container types – including PP, PE, HDPE, PVC, and PET – to the South American food, chemical, automotive, and healthcare marketplace.

Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical deal

In their second major deal in the past few weeks, the two companies have agreed to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the U.S.

Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontario

The investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.

SPE Thermoforming Division awards scholarships to five students

The recipients are four undergraduates and one graduate student, and will support their continuing studies and active participation in plastics.

Reifenhäuser breaks ground on new production facility

The new 3,000-square-meter production and assembly hall for flat dies at the company’s headquarters in Troisdorf, Germany is scheduled to open in spring 2020.

Canadian auto sales fell in June, Scotiabank says

U.S. auto sales continued its above-trend growth in June following an equally strong performance in May, according to Scotiabank’s latest Auto News Flash.

KraussMaffei rebrands itself ahead of K show

The rebranding, which will remove “Netstal” from the company name, merges the company’s brands for injection molding, extrusion, and reaction process technologies under the single brand of KraussMaffei.

Milacron completes sale of Uniloy blow molding business

The new Uniloy organization will be led by President and CEO Brian Marston, a veteran of the plastics and blow molding industry with more than 35 years of professional experience.

Lanxess intensifies its blow molding activities

The German specialty chemicals company is setting up a global team to develop blow molding materials and also commissioning a new blow molding system at its technical centre in Dormagen.

Private equity firm Kohlberg buys healthcare packaging supplier Nelipak

Nelipak, headquartered in Cranston, R.I, is a global provider of custom designed rigid packaging for the medical device and pharmaceutical industries.

Milacron considering selling its Cimcool division: report

Bloomberg sources say the plastics machinery maker is working with an adviser to look at options for the unit, which produces coolants and lubricants for industrial machinery.

Tekni-Plex purchases Italian healthcare packaging manufacturer Lameplast

Lameplast, the twelfth acquisition made by Tekni-Plex in the past five years, will become part of its global Tekni-Films business.

Gelest acquires polymer maker Bimax

The acquisition bolsters Gelest’s portfolio of specialty materials and solutions.