News
Nestlé pledges to spend billions on recycled packaging
by Canadian PlasticsThe food and beverage giant, which packages most of its food and bottles with plastic, wants to cut its use of virgin plastics by one-third by 2025.
Berry Plastics to expand its capacity for sustainable, breathable films in North America
by Canadian PlasticsThe Indiana-based rigid and flexible packaging supplier will invest US$20 million to expand its hygiene, healthcare, and specialty films platform.
U.S. Senate passes new North American trade deal
by Canadian PlasticsAfter President Trump gives his signature to the three-nation pact, it needs only Canada’s approval to take effect.
Pretium Packaging sold to private equity firm Clearlake Capital
by Canadian PlasticsHeadquartered in Chesterfield, Missouri, Pretium blow molds rigid plastic bottles and containers for a wide range of sectors.
BASF expands production capacity for Irganox 1520L in Italy
by Canadian PlasticsThe chemical maker describes Irganox 1520L as a “key product” in its antioxidant portfolio.
U.S., China sign “phase one” of trade deal
by Canadian PlasticsThe U.S.-based Plastics Industry Association praises the signing as a “step in the right direction”.
Concours Mold buys assets of Valiant Tool and Mold
by Canadian PlasticsThe transaction marks the first acquisition for Windsor, Ont.-based Concours under the ownership of Crestview Partners, a New York-based private equity firm, which bought Concours in May 2019.
Victrex creates joint venture in China for new PEEK plant
by Canadian PlasticsThe development of PEEK polymer capacity in China sets the stage for further regional growth opportunities and further differentiates Victrex’s range of PEEK and PAEK grades.
Milliken & Co. to acquire additives specialist Borchers Group
by Canadian PlasticsThe purchase is designed to bolster Milliken’s capabilities in specialty coating additives.
Shell Chemicals to produce polycarbonate
by Canadian PlasticsShell Chemicals has signed a Memorandum of Understanding to explore its first commercial-scale PC production unit in China; and also announced plans to build a PC development unit at its Jurong Island chemicals plant in Singapore.
APMA launches Project Arrow, an all-Canadian zero-emissions concept vehicle
by Canadian PlasticsThe project, aimed to be completed by 2022, an effort to meet the Canadian federal government’s call for a zero-emission future by 2050.
Contract awarded to build new petrochemical facility outside Edmonton
by Canadian PlasticsOnce in service, the petrochemical site will produce about 550,000 tonnes of polypropylene per year.
Ineos Styrolution to build “world-scale” ABS plant in China
by Canadian PlasticsThe new production site, which will have annual capacity of 600,000 tonnes, will be adjacent to the company’s polystyrene plant in Ningbo, which it acquired last year.
Borealis to acquire Nova’s ownership interest in Novealis joint venture
by Canadian PlasticsFormed in 2018, the JV involved affiliates of Borealis and Nova, which subsequently formed a 50/50 JV with an affiliate of Total S.A. to launch Bayport Polymers LLC in Houston, Tex.
Joe Biden calls for plastic bag ban in U.S.
by Canadian PlasticsBiden’s statement, made at a campaign stop in Iowa on Jan. 3, drew a quick rebuke from the Plastics Industry Association.
Belplas now reps injection press maker Niigata Machine Techno in Canada
by Canadian PlasticsNiigata is the North American subsidiary of Japan-based Niigata Machine Techno Co. Ltd.
City of Detroit receives nearly $1 million in recycling funding
by Canadian PlasticsThe grant is part of a $2.2 million public-private collaboration to increase recycling education statewide in Michigan by 2020.
TricorBraun acquires rigid packaging supplier Packaging Solutions
by Canadian PlasticsPSI team members, including owners Doug Greenberg and John Greenberg, will remain with the Minneapolis-based company, but it will now operate as TricorBraun.
Canadian auto sales were down in December, report says
by Canadian PlasticsThe new report by Scotiabank also notes that U.S. auto sales dipped even more sharply in December.
Plastics Pipe Institute names David Fink as new president
by Canadian PlasticsFink, a veteran of the plastics pipe industry, previously served as the chairman of the industry association’s board of directors from 2017 to 2019.