Macro Engineering founder Mirek Planeta retiresby Canadian Plastics
An 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 veteransby Canadian Plastics
Cambridge, 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 Texasby Canadian Plastics
Construction 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 growlerby Canadian Plastics
The 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 CEOby Canadian Plastics
Nagarajan will succeed Michael Hilton, who is stepping down after almost 10 years with the company, effective August 1.
SPE Thermoforming Division adds new categories in annual Parts Competitionby Canadian Plastics
The program rewards advances in thermoforming design and application.
Mitsubishi Chemical buys stock shape maker Advanced Polymer Technologiesby Canadian Plastics
Headquartered in Stockton, Calif., Advanced Polymer Technologies extrudes stock shapes for the semiconductor, aerospace/defense, energy, and medical industries.
Plastics machinery shipments declined in early 2019by Canadian Plastics
While 2018 ended with strong plastics machinery shipments in North America, 2019 has started soft, according to new figures from the Plastics Industry Association’s Committee on Equipment Statistics.
Royal Building Products buys DaVinci Roofscapesby Canadian Plastics
Headquartered in Lenexa, Kansas, DaVinci molds polymer roofing and siding products for high-end roofing applications.
Canada to ban single-use plastics by as early as 2021by Canadian Plastics
A list of the banned items has not yet been announced.
Composite decking maker Trex investing $200 million at two U.S. facilitiesby Canadian Plastics
The investment, to be made over the next two years, will allow Trex to increase capacity by 70 per cent.
Improving Canada’s plastics recycling rate will take “radical changes”: reportby Canadian Plastics
The report from Deloitte and ChemInfo Services shows that Canada’s plastics manufacturing sector is far larger than its recycling industry.
LyondellBasell drops its bid to purchase Braskemby Canadian Plastics
After more than a year of negotiations, petrochemical giant LyondellBasell Industries NV says that it has ended talks with Braskem SA’s controlling shareholder, Brazilian construction conglomerate Odebrecht SA, to acquire Braskem.
Pregis bought by private equity firm Warburg Pincusby Canadian Plastics
The Deerfield, Ill.-based protective packaging and systems maker is being sold by it current owner, private equity firm Olympus Partners, for an undisclosed amount.
Krauss-Maffei Corp. president Paul Caprio stepping downby Canadian Plastics
Dr. Michael Ruf, chief operating officer of the KraussMaffei Group, will serve as interim president of KraussMaffei Corp. until a new leader is appointed.
GN Thermoforming names Jerome Romkey as new presidentby Canadian Plastics
The Chester, N.S.-based company, which manufactures roll-fed thermoformers for the production of plastic packaging, has also appointed Paul Phillips as its new sales and marketing manager.
Ineos to invest $2 billion in Saudi Arabiaby Canadian Plastics
The investment to build three “world-scale” specialty chemical plants marks the British chemical giant’s first production footprint in the Middle East.
PET recycler Loop Industries gets $35 million in backing from Canadian billionaireby Canadian Plastics
The buyer of Montreal-based Loop’s stock, Northern Private Capital, is the exclusive investment vehicle of CFFI Ventures, a company wholly owned by billionaire entrepreneur John Risley.
Plast-Ex kicks off on June 4 in Torontoby Canadian Plastics
The show is part of the Advanced Design & Manufacturing (ADM) Expo Toronto, a co-located event that brings together five advanced manufacturing events under one roof.
Sepro managing director Jean-Michel Renaudeau leaves the companyby Canadian Plastics
The France-based automation supplier has appointed Michel Maire as interim manager while it seeks a successor to Renaudeau.