News
CPIA names 2019-2020 Board of Directors
by Canadian PlasticsJoel Rudolph of Farnell Packaging was elected Chair of the Board; and Mark Lichtblau of Inteplast Bags and Films Corp., Haremar Plastic Manufacturing Division, was elected as Treasurer.
Magna wins Ford’s global supplier award
by Canadian PlasticsThe Canadian auto parts maker was recognized as a top-performing global supplier by Ford with a Silver Quality World Excellence Award.
BASF plans to cut 6,000 jobs
by Canadian PlasticsCiting a slowing demand for chemicals, BASF said its efforts to reduce its workforce will take until the end of 2021.
Downturn in global auto sales continued in May: Scotiabank
by Canadian PlasticsThe Canadian auto sales rate ticked up marginally in May, Scotiabank’s latest Global Auto Report said, but the decline on a year-over-year basis continued.
Chroma Color names Gerald Baillargeon as new CFO
by Canadian PlasticsBaillargeon has held CFO positions with several companies during his career.
Arburg breaks ground on expansion at U.S. headquarters
by Canadian PlasticsThe German injection molding machine maker broke ground on a 23,000-square-foot expansion at its Rocky Hill, Conn. headquarters on June 14.
American Chemistry Council names Christopher Jahn as new president and CEO
by Canadian PlasticsJahn currently serves as president and CEO of the Fertilizer Institute, and will succeed outgoing ACC head Cal Dooley in October 2019.
Amcor selling three flexible packaging plants to private equity firm Kohlberg & Co.
by Canadian PlasticsThe sale of the three Bemis flexible packaging plants in the UK and Ireland was required by the European Commission as part of the process of Amcor acquiring Bemis.
CPIA now accepting nominations for 2019 Leadership Awards
by Canadian PlasticsThe Canadian Plastics Industry Association is accepting nominations until July 12 for awards in the Leader of the Year, Plastics Industry Young Leader, Canplast, Lifetime Achievement, Innovator, and Sustainability categories.
Chevron Phillips, Qatar Petroleum team up for giant petrochemical project in Middle East
by Canadian PlasticsThe new petrochemical plant will be built in Qatar, and will produce ethylene and HDPE when it comes online by 2025.
Chevron Phillips offers $15 billion for Nova Chemicals, report says
by Canadian PlasticsThe Reuters news agency reports that Chevron Phillips, based in the Woodlands, Texas, was bidding more than $15 billion for Calgary-based Nova.
Takaya Sugimura is new president of Yushin America
by Canadian PlasticsHe succeeds Michiari Ota, who has finished his five-year tenure as head of the Cranston, R.I.-based robot maker.
Engel names Michael Traxler as head of its mold technology division
by Canadian PlasticsIndustry veteran Traxler joined Engel in 2015 and previously headed the company’s packaging business unit in North America.
Consolidated Container buying pharmaceutical packaging supplier Tri State Distribution
by Canadian PlasticsHeadquartered in Tennessee, Tri State is said to be one of the largest manufacturers of prescription packaging in the U.S.
Tekni-Plex completes acquisition of three Amcor manufacturing units
by Canadian PlasticsThe facilities – located in Madison and Milwaukee, Wis., and Ashland, Mass. – will provide a broad portfolio of sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels.
Macro Engineering founder Mirek Planeta retires
by Canadian PlasticsAn extrusion machinery expert, Planeta founded Macro in 1978, and the initial focus of the company was improving air ring design, leading to the invention of the dual lip air ring.
Ontario-based compounder Optima Colour bought by industry veterans
by Canadian PlasticsCambridge, Ont.-based Optima has been acquired by a group of purchasers headed by Kurt Stahle, the owner of material supplier Simcoe Plastics Ltd.
ExxonMobil, Sabic proceeding with chemical plant construction in Texas
by Canadian PlasticsConstruction of the chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas will begin in the third quarter of 2019 and startup is anticipated by 2022.
W. Amsler makes first commercial sale for its PET barrier growler
by Canadian PlasticsThe beer growler was sold to Arch Brewing, of Newmarket, Ont., as a lightweight, event-friendly plastic alternative to glass.
Nordson names Sundaram Nagarajan as new president and CEO
by Canadian PlasticsNagarajan will succeed Michael Hilton, who is stepping down after almost 10 years with the company, effective August 1.