News
Toy maker Hasbro to phase out plastic packaging
by Canadian PlasticsBeginning next year, the company will start eliminating plastic from all new toy and game packaging, a transition that’s expected to be completed by the end of 2022.
BASF, Toray partner to bring tape technology to automotive sector
by Canadian PlasticsToray will start producing continuous fibre-reinforced thermoplastic tapes using BASF’s Ultramid engineering thermoplastics, reinforcing BASF’s Ultramid PA6 resins with either glass fibre or carbon fibre.
PolyOne sells Performance Products and Solutions business
by Canadian PlasticsThe material supplier is selling its PP&S unit to private investment firm SK Capital in a $775 million all-cash deal.
Toronto packaging supplier Starplex Scientific sold to Pretium Packaging
by Canadian PlasticsStarplex, which also operates a manufacturing plant in Tennessee, molds plastics products that include leak-resistant sterilized containers, biological sampling swabs, and pharmaceutical grade containers and closures.
N. American plastics machinery shipments up in Q2, report says
by Canadian PlasticsStatistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics says that plastics machinery shipments increased 8.2% in Q2 2019, following a 27.6% decrease in Q1.
Domo Chemicals acquiring Solvay’s European performance polyamides business
by Canadian PlasticsThe 300 million euro deal includes engineering plastics operations in France and Poland; high-performance fibres in France; and polymer and intermediates operations in France, Spain, and Poland.
Magna opens new Michigan electronics facility
by Canadian PlasticsThe new $50 million, 230,000-square-foot plant in Grand Blanc Township is designed to help Magna service the vision-based driver assistance systems market.
Flexicon opens France office
by Canadian PlasticsThe bulk handling equipment and systems maker’s new office in Dijon, France will provide factory-direct engineering services and technical sales support to customers in France and surrounding regions.
Chromaflo buys dispersion division of Liquid Colours
by Canadian PlasticsHeadquartered in South Africa, the acquisition will enhance Liquid Colours’ position in the sub-Saharan African region.
Kohlberg completes acquisition of Bemis Healthcare Packaging Europe
by Canadian PlasticsBemis Healthcare Packaging operates facilities in Clara, Ireland; Derry, Northern Ireland, UK; and Elsham, UK.
Ineos breaks ground on new Texas styrenics plant
by Canadian PlasticsThe new acrylonitrile styrene acrylate plant is expected to be operational by 2021.
Huntsman selling two chemical units to Indorama Ventures for $2 billion
by Canadian PlasticsThe company is selling its chemical intermediates and its surfactants units to Thailand-based Indorama.
Canadian wage growth climbs to highest mark since 2009: StatsCan
by Canadian PlasticsBut the unemployment rate moved up to 5.7% as Canada shed 24,200 jobs, the agency also said.
McDonald’s new paper straws aren’t recyclable, company admits
by Canadian PlasticsThe fast food company switched its straws from plastic to paper in June 2018, but says the new straws are too thick to recycle.
Bunting Magnetics rebrands on its 60th anniversary
by Canadian PlasticsThe magnetic technology supplier’s group-wide rebranding will bring all subsidiaries under the single brand name of “Bunting”.
Sobeys plans to remove plastic bags from all stores in 2020
by Canadian PlasticsThe Stellarton, N.S.-based national grocery chain said it will adopt paper and reusable bags at its 255 outlets across the country by January.
Nova Chemicals announces new sustainability strategy
by Canadian PlasticsThe Calgary-based chemical maker’s new six-pronged sustainability commitment is designed to help eliminate plastic waste.
RTP acquires Zeotherm’s thermoplastic vulcanizate business
by Canadian PlasticsThe transaction, which was completed in May 2019 but not announced until Aug. 6, encompasses all products sold globally under the Zeotherm TPV name.
Arkema buys specialty chemicals maker Lambson
by Canadian PlasticsThe acquisition of Lambson, which develops photoinitiators for curing, is designed to expands Arkema’s Sartomer business unit product offering.
Canadian auto sales picked up in July: Scotiabank
by Canadian PlasticsBut U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.