Canadian Plastics

News


April 1, 2019 News

New York passes ban on single-use plastic bags

by Canadian Plastics

The bag provision will take effect starting March 1, 2020, and will ban most single-use plastic bags provided by supermarkets and other stores.

March 31, 2019 News

Mitsubishi Chemical completes purchase of Indian PVC compounds business

by Canadian Plastics

First announced in June 2018, the acquisition of the PVC compound business of Welset Plast Extrusions Private Ltd. will allow Mitsubishi to enter the medical PVC compound business and strengthen its existing PVC and thermoplastic elastomers businesses in India.

March 30, 2019 News

CCC buys Canadian container maker Plastique Micron

by Canadian Plastics

Through its Altium Packaging Canada subsidiary, CCC has bought Plastique Micron and its affiliates IMBC Blowmolding 2014 and Action Plastic Products.

March 28, 2019 News

Saudi Aramco to buy controlling share of Sabic in $69 billion megadeal

by Canadian Plastics

Saudi Aramco’s 70 per cent stake in Sabic is being financed by the Public Investment Fund of Saudi Arabia in a private transaction.

March 27, 2019 News

Engel opens second location in Mexico

by Canadian Plastics

Located in San Pedro near Monterrey, this second location is situated in an automotive manufacturing region.

March 27, 2019 News

Olympus buys rotomolder Tank Holding Corp.

by Canadian Plastics

This is the second time that private equity firm Olympus has owned Tank, which is said to be the largest rotational molder in North America.

March 26, 2019 News

Weak early-year auto sales in China, while Europe rebounds: Scotiabank

by Canadian Plastics

Sales in Canada continued to decline in February, a new report by Scotiabank said, marking the twelfth year-on-year decline in a row off record February sales a year prior.

March 26, 2019 News

98% of European plastics production covered by Operation Clean Sweep

by Canadian Plastics

The international program is designed to prevent plastic pellets, flakes, and powder from being lost from factory floors and winding up in lakes and oceans.

March 25, 2019 News

Absolute Haitian opening new South Carolina plant on May 30

by Canadian Plastics

First announced in May 2018, the facility located, near Charleston, will provide for expanded sales, applications, service, and training functions.

March 25, 2019 News

Swiss packaging supplier Corvaglia Group opens first N. American production plant

by Canadian Plastics

First announced in February 2018, the US$25 million plant has opened in Newnan, Georgia, with a ribbon-cutting ceremony to mark the occasion planned for April 5.

March 22, 2019 News

K 2019 is fully booked

by Canadian Plastics

Over 3,000 exhibitors from more than 60 countries have registered for the show in Germany in October, and will occupy the entire exhibition grounds with some 1.8 million square feet of net exhibit space.

March 21, 2019 News

Sun Chemical building new PPS production line in Wisconsin

by Canadian Plastics

The new PPS compounds production line is scheduled to begin operation in the fall of 2020, and is the company’s first-ever North American production line for its polyphenylene sulfide compounds.

March 20, 2019 News

Quebec’s IPL Plastics buys Belgian packaging supplier Loomans

by Canadian Plastics

Loomans will be integrated into IPL’s consumer packaging solutions business in Europe.

March 19, 2019 News

Engel signs plastics economy global commitment

by Canadian Plastics

The injection molding machine maker has become one of the first machinery suppliers to sign onto the New Plastics Economy Global Commitment of the Ellen MacArthur Foundation.

March 19, 2019 News

Investment firm Sterling Group buys packaging products maker Polychem

by Canadian Plastics

Polychem Corp., a Mentor, Ohio-based maker of PET and polypropylene strapping, has been acquired by The Sterling Group, a private equity firm based in Houston. The terms of the deal have not been disclosed. In a statement, Sterling Group described

March 18, 2019 News

Newfoundland and Labrador seeking public input on possible plastic bag ban

by Canadian Plastics

The province has established a survey asking residents and others about their opinions on the possibility of banning single-use retail plastic bags.

March 18, 2019 News

Amcor and Bemis report progress on merger transaction

by Canadian Plastics

Australia-based packaging company Amcor has made what it calls “further, important progress” towards the completion of its purchase of former rival Bemis Co. Inc.

March 18, 2019 News

Lanxess significantly expands benzyl alcohol capacity

by Canadian Plastics

The company will expand production at its German site in Krefeld-Uerdingen by 30 per cent and also expand in Nagda, India.

March 15, 2019 News

Nordson opens new global hub for pelletizers, melt-delivery components

by Canadian Plastics

The new 14,380-square-meter facility will employ almost 340 workers.

March 15, 2019 News

C-P Flexible Packaging buying packaging supplier Flexo Transparent LLC

by Canadian Plastics

Based in Buffalo, N.Y., Flexo Transparent provides rollstock, wicketed bags, pouches and stretch sleeves.