Canadian Plastics

News


December 5, 2018 News

Auto purchases in Canada fell sharply in November: Scotiabank

by Canadian Plastics

A sharp drop in Detroit Three sales pulled purchases below 1.9 million units for the first time in over three years, a new report from Scotiabank said.

December 4, 2018 News

TricorBraun names Declan McCarthy as new chief financial officer

by Canadian Plastics

A 30-year finance veteran, McCarthy will oversee all aspects of the global packaging supplier’s financial functions, and will be based out of the company’s office in St. Louis.

December 4, 2018 News

Nova Chemicals establishes scholarship at Louisiana community college

by Canadian Plastics

The $50,000 scholarship marks the 50th anniversary of Nova’s Geismar olefins facility.

December 3, 2018 News

North American plastics industry associations support USMCA signing, urge ratification of the deal

by Canadian Plastics

And the American Chemistry Council is also calling on U.S. President Donald Trump to use the agreement to cancel tariffs on steel and aluminum.

December 3, 2018 News

Magna launches new global automotive design competition

by Canadian Plastics

The competition calls for entries from students around the world, with the winner to be announced during the 2019 Los Angeles Auto Show.

December 2, 2018 News

Weak sales in China drove global auto purchases down in October: Scotiabank

by Canadian Plastics

Canadian auto sales contracted by 1.9% year-over-year for an eighth consecutive month of annual declines in October, Scotiabank’s latest Global Auto Report says, but ticked up by 3.1% from September in seasonally-adjusted terms.

November 30, 2018 News

Covestro becomes majority stakeholder in DIC Covestro Polymer JV in Japan

by Canadian Plastics

The acquisition is part of Covestro’s expansion plan for its TPU business.

November 28, 2018 News

Closure of GM’s Oshawa plant a big blow to Canadian supply industry: Unifor, APMA

by Canadian Plastics

Shuttering the Oshawa plant represents a loss of about 10 per cent of Canada’s auto parts industry, said APMA head Flavio Volpe.

November 28, 2018 News

Davis-Standard buys thermoforming equipment maker TSL

by Canadian Plastics

Yakima, Wash.-based Thermoforming Systems LLC makes equipment for the North American food packaging industry.

November 27, 2018 News

Tooling vet Rich Oles is new president and CEO of Alba Enterprises

by Canadian Plastics

Oles’ former consulting company ROI Group has also been merged with Torrence, Calif.-based Alba to expand its product portfolio.

November 27, 2018 News

PET Technologies is making inroads in the U.S.

by Canadian Plastics

The Austrian blow molding machine maker has just sold a unit to its second American customer, pet industry provider Moderna Products.

November 26, 2018 News

Röchling buys technical plastics parts maker Schwartz GmbH

by Canadian Plastics

Headquartered in Germany, Schwartz manufactures impact-resistant plastics and large-sized and complex components made of materials such as nylon and acetal.

November 26, 2018 News

GM to shutter assembly plant in Oshawa, Ont.

by Canadian Plastics

The plant, which employs more than 2,500 workers, produces cars such as the Chevrolet Impala and the Cadillac XTS.

November 22, 2018 News

Leadership change at Polymer Logistics North America

by Canadian Plastics

Fred Heptinstall, the company’s CEO, is stepping down effective December 31 of this year; Gideon Feiner will serve as CEO until a replacement is found.

November 22, 2018 News

M. Holland partners with BASF to expand its 3D printing business

by Canadian Plastics

The agreement will give M. Holland’s industrial manufacturing clients access to the expanding BASF 3D product portfolio.

November 21, 2018 News

Vinmar Polymers expands into Canada

by Canadian Plastics

The Houston-based polymer reseller and distributor has named Daniel Peretz as its new commercial director for Canada.

November 21, 2018 News

Nestlé Waters signs agreement with recycled PET supplier CarbonLITE

by Canadian Plastics

The new contract builds upon Nestlé Waters’ existing relationship with CarbonLITE, and calls for CarbonLITE to build a new recycling facility in Pennsylvania.

November 20, 2018 News

CCL Industries makes three bolt-on acquisitions

by Canadian Plastics

The Toronto-based specialty label and packaging supplier is buying label converters and tape makers Unilogo, Hinsitsu Screen (Vietnam) Co. Ltd., and Olympic Holding B.V.

November 20, 2018 News

Barnes Group acquires end-of-arm tooling maker Gimatic srl

by Canadian Plastics

Italy-based Gimatic will operate as a business unit within Barnes Group’s industrial segment.

November 19, 2018 News

Ineos buys Ashland’s composites business for $1 billion

by Canadian Plastics

The deal, which is part of Ashland’s plans to focus on specialty chemicals, also includes the sale of its butanediol manufacturing facility in Marl, Germany.