Canadian Plastics

News


February 12, 2019 News

Clariant increased sales, profitability and operating cash flow in 2018

by Canadian Plastics

Clariant’s plastics & coatings division increased sales by one per cent, with particularly strong regional expansion in Latin America.

February 11, 2019 News

Husky unveils new technology to cut delivery times, costs

by Canadian Plastics

Called the next-generation operating model, or NGOM, the technology has been introduced at Husky’s factory in Dudelange, Luxembourge.

February 8, 2019 News

Investment firm One Rock buys Nexeo’s plastics business

by Canadian Plastics

The $640 million deal will create a standalone plastics distribution business, and follows Nexeo’s pending acquisition by Univar Inc.

February 8, 2019 News

Toray Plastics (America) expands OPP film production

by Canadian Plastics

The launch of the new, high-speed metallization equipment is the next phase of Toray’s multi-year growth plan first announced in 2016.

February 6, 2019 News

Schmolz + Bickenbach opens new subsidiary in Argentina

by Canadian Plastics

The Swiss-based mold steel supplier’s new sales centre in Buenos Aires is its fourth location in South America.

February 6, 2019 News

PPC Flexible Packaging buys HFM Packaging Ltd.

by Canadian Plastics

Headquartered in Wisconsin, HFM produces packaging solutions for cosmetics, personal care, pharma, food, and industrial applications.

February 5, 2019 News

Canadian auto sales down in January: Scotiabank

by Canadian Plastics

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.

February 5, 2019 News

Autoparts maker Brose to cut 100 jobs at Ontario operations

by Canadian Plastics

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.

February 5, 2019 News

Sumitomo Demag moving into larger manufacturing plant in Georgia

by Canadian Plastics

The move into the 74,000-square-foot plant marks the first phase of the injection molding machine maker’s U.S. expansion plan.

February 4, 2019 News

Townsend Solutions named as first SPE Preferred Partner

by Canadian Plastics

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.

February 4, 2019 News

Coatings supplier Applied Plastics bought by private equity firm

by Canadian Plastics

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.

February 1, 2019 News

R.D. Abbott now distributing Lord Corp.’s adhesives and coatings in Canada

by Canadian Plastics

The new distribution agreement includes Lord Corp.’s Chemlok, Flocklok, in-mold bonding adhesives, co-laminated Chemlok film, LokRelease, and Sipiol adhesives and coatings.

February 1, 2019 News

Erema buys majority stake in recycling machine maker Plasmac

by Canadian Plastics

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.

January 30, 2019 News

Global auto sales declined in 2018: Scotiabank

by Canadian Plastics

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.

January 30, 2019 News

Tetra Pak appoints Adolfo Orive as new president, CEO

by Canadian Plastics

Effective April 1, Orive will replace outgoing president and CEO Dennis Jonsson.

January 30, 2019 News

PolyOne’s revenue up nine per cent in 2018

by Canadian Plastics

But softening demand conditions in the fourth quarter most heavily impacted the company’s Performance Products and Solutions, and Specialty Engineered Materials segments.

January 29, 2019 News

Davis-Standard adding lab capabilities to its technical centre

by Canadian Plastics

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.

January 28, 2019 News

Toshiba taps industry vet Chuck Gorman as national sales manager

by Canadian Plastics

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.

January 25, 2019 News

Chase Plastic Services now distributing Sabic materials in North America

by Canadian Plastics

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

January 24, 2019 News

AceTronic organizing one-day tabletop show for plastics processors

by Canadian Plastics

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.