News


June 18, 2019 News

Macro Engineering founder Mirek Planeta retires

by 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.

June 18, 2019 News

Ontario-based compounder Optima Colour bought by industry veterans

by 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.

June 17, 2019 News

ExxonMobil, Sabic proceeding with chemical plant construction in Texas

by 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.

June 14, 2019 News

W. Amsler makes first commercial sale for its PET barrier growler

by Canadian Plastics

The beer growler was sold to Arch Brewing, of Newmarket, Ont., as a lightweight, event-friendly plastic alternative to glass.

June 14, 2019 News

Nordson names Sundaram Nagarajan as new president and CEO

by Canadian Plastics

Nagarajan will succeed Michael Hilton, who is stepping down after almost 10 years with the company, effective August 1.

June 13, 2019 News

SPE Thermoforming Division adds new categories in annual Parts Competition

by Canadian Plastics

The program rewards advances in thermoforming design and application.

June 11, 2019 News

Mitsubishi Chemical buys stock shape maker Advanced Polymer Technologies

by Canadian Plastics

Headquartered in Stockton, Calif., Advanced Polymer Technologies extrudes stock shapes for the semiconductor, aerospace/defense, energy, and medical industries.

June 11, 2019 News

Plastics machinery shipments declined in early 2019

by 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.

June 10, 2019 News

Royal Building Products buys DaVinci Roofscapes

by Canadian Plastics

Headquartered in Lenexa, Kansas, DaVinci molds polymer roofing and siding products for high-end roofing applications.

June 10, 2019 News

Canada to ban single-use plastics by as early as 2021

by Canadian Plastics

A list of the banned items has not yet been announced.

June 8, 2019 News

Composite decking maker Trex investing $200 million at two U.S. facilities

by Canadian Plastics

The investment, to be made over the next two years, will allow Trex to increase capacity by 70 per cent.

June 7, 2019 News

Improving Canada’s plastics recycling rate will take “radical changes”: report

by Canadian Plastics

The report from Deloitte and ChemInfo Services shows that Canada’s plastics manufacturing sector is far larger than its recycling industry.

June 6, 2019 News

LyondellBasell drops its bid to purchase Braskem

by 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.

June 6, 2019 News

Pregis bought by private equity firm Warburg Pincus

by 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.

June 5, 2019 News

Krauss-Maffei Corp. president Paul Caprio stepping down

by 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.

June 4, 2019 News

GN Thermoforming names Jerome Romkey as new president

by 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.

June 4, 2019 News

Ineos to invest $2 billion in Saudi Arabia

by 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.

June 3, 2019 News

PET recycler Loop Industries gets $35 million in backing from Canadian billionaire

by 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.

June 3, 2019 News

Plast-Ex kicks off on June 4 in Toronto

by 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.

June 3, 2019 News

Sepro managing director Jean-Michel Renaudeau leaves the company

by Canadian Plastics

The France-based automation supplier has appointed Michel Maire as interim manager while it seeks a successor to Renaudeau.