Clariant’s plastics & coatings division increased sales by one per cent, with particularly strong regional expansion in Latin America.
Called the next-generation operating model, or NGOM, the technology has been introduced at Husky’s factory in Dudelange, Luxembourge.
The $640 million deal will create a standalone plastics distribution business, and follows Nexeo’s pending acquisition by Univar Inc.
The launch of the new, high-speed metallization equipment is the next phase of Toray’s multi-year growth plan first announced in 2016.
The Swiss-based mold steel supplier’s new sales centre in Buenos Aires is its fourth location in South America.
Headquartered in Wisconsin, HFM produces packaging solutions for cosmetics, personal care, pharma, food, and industrial applications.
Vehicle purchases in the U.S. also dropped in January, a new report from Scotiabank said, as sales activity rebalances from strong gains in late-2018 and adverse weather conditions keep buyers at bay.
The Germany-based company says it is adjusting production capacity at its London, Ont. manufacturing facility to meet shifting customer demand as the market moves away from passenger cars towards SUVs and crossovers.
The move into the 74,000-square-foot plant marks the first phase of the injection molding machine maker’s U.S. expansion plan.
The SPE Preferred Partner program was launched in 2018, and recognizes converters, manufacturers, solutions providers and product distributors that have demonstrated leadership and innovation in the plastics industry.
Vance Street Capital LLC, a Los Angeles-based private equity firm.
The terms of the transaction were not disclosed.
This is Los Angeles-based private equity firm Vance Street Capital’s fourth investment in the medical space in the past three years.
The new distribution agreement includes Lord Corp.’s Chemlok, Flocklok, in-mold bonding adhesives, co-laminated Chemlok film, LokRelease, and Sipiol adhesives and coatings.
Erema has acquired 60 per cent of recycling equipment firm Plasmac Srl to further expand its range of tailor-made plastic recycling solutions for in-house applications.
But despite posting a decline relative to 2017, the Canadian auto market posted its second best year on record, a new report from Scotiabank said.
Effective April 1, Orive will replace outgoing president and CEO Dennis Jonsson.
But softening demand conditions in the fourth quarter most heavily impacted the company’s Performance Products and Solutions, and Specialty Engineered Materials segments.
By the end of the first quarter of 2019, the technical centre in Connecticut will offer trials for Davis-Standard’s Helibar groove feed extruder and the DS Activ-Check control system for continuous extruder monitoring.
Gorman previously owned and managed Florida Plastics Machinery, a rep agency selling a broad range of systems, including those from Toshiba Machine, for 20 years.
Clarkson, Mich.-based resin distributor Chase Plastic Services Inc. is now representing chemical maker Sabic’s complete line of specialty engineering resins – including Noryl-brand PPO/PPE, Ultem-brand polyetherimide and LNP-brand compounds and copolymers – in Canada, the U.S., and Mexico. Nexeo Solutions…
Called “AceConnex”, the show will take place in Mississauga, Ont. on May 9, and will address some of the common problems facing injection molders, blowmolders, extruders, and other plastic processors.