Covestro sells its remaining PC sheet operationsby Canadian Plastics
The specialty chemical maker has closed the sale of its European polycarbonates sheets business to industrial group Serafin for an undisclosed amount.
KraussMaffei veteran Paul Caprio is the new president of Engel Machineryby Canadian Plastics
Caprio will manage the York, Pa.-based injection molding machine maker together with current CEO Mark Sankovitch, until Sankovitch retires in 2021.
CCL Industries buying Polish BOPP film company Flexpol for $22 millionby Canadian Plastics
The deal gives Toronto-based CCL the capability to deliver label films in Europe using the same technology it has in place at Innovia Mexico for the Americas.
Sonoco completes purchase of thermoformer TEQby Canadian Plastics
The global packaging supplier’s $187-million purchase of Thermoform Engineered Quality LLC and Plastique Holdings Ltd. was first announced in November 2019.
LyondellBasell, Sinopec form JV to build new chemical plant in Chinaby Canadian Plastics
The new facility is expected to produce 300 kilo tons per year of propylene oxide and 600 KTA of styrene monomer.
Happy New Year from Canadian Plastics!by Canadian Plastics
Canadian Plastics wishes all of our readers a safe new year. We’ll be back with more industry news beginning on Jan. 2. See you in the next decade!
3M to sell drug delivery business to Altaris Capital Partnersby Canadian Plastics
The business partners with pharmaceutical and biotech companies to develop and manufacture pharmaceutical products using inhalation, transdermal, micro-needle, and conventional drug-delivery technologies.
Injection molding machine maker Woojin has new Canadian representationby Canadian Plastics
The Korean-based company is now being represented by Plastic Automation Engineering Inc. in all provinces except Quebec.
HRSFlow and RJG partner to provide advanced process controlby Canadian Plastics
By combining HRSflow’s servo-driven FLEXflow hot runner with RJG’s sensors and eDART controller, the two companies say they’re able to sequence mold filling based on what’s actually happening inside the mold cavity.
New CEO for Schmolz + Bickenbach’s Steeltec divisionby Canadian Plastics
The Swiss-based mold steel supplier has named Dr. Florian Geiger to the role, replacing outgoing head Gerd Münch, who is stepping down.
French MPs vote to ban all single-use plastic by 2040by Canadian Plastics
The French National Assembly has voted to ban all disposable plastics by 2040, but critics argue the measures could be enforced much sooner.
Mattel aims for 100 per cent recycled, recyclable or bio-based plastic by 2030by Canadian Plastics
The toy maker said it will start by debuting an environmentally sustainable version of its famous Fisher-Price Rock-a-Stack baby toy by June 2020.
Clariant selling its masterbatches business to PolyOne for $1.6 billionby Canadian Plastics
Clariant’s masterbatches business offers colour and additive concentrates and performance solutions for plastics.
Quebec increasing minimum wage to $13.10 per hour on May 1, 2020by Canadian Plastics
The 60-cent per hour increase will affect 409,100 Quebecers, including 235,700 women, according to a ministry press release.
Herrmann Ultrasonics expanding its U.S. headquartersby Canadian Plastics
The ultrasonic technology supplier is adding 10,000 square feet to its plant in Bartlett, Ill.
Stratasys appoints Yoav Zeif as new CEOby Canadian Plastics
Zeif will officially take on the role on February 18, 2020, replacing interim CEO Elchanan Jaglom.
Ontario investing $3 million in training pilot for automotive, advanced manufacturingby Canadian Plastics
The program will provide short duration training to help unemployed, underutilized workers, or those at-risk of being laid off.
Tekni-Plex forming new medical business unitby Canadian Plastics
Called “Tekni-Plex Medical”, the new operating unit will offer products and services formerly supplied separately by Tekni-Plex’s Colorite, Natvar, and Dunn businesses.
Ontario-based slitting, rewinding machinery maker Deacro Industries bought by Davis-Standardby Canadian Plastics
This is Davis-Standard’s second purchase of a Canadian company in less than two years: in June 2018, it acquired blown film machinery maker Brampton Engineering Inc.
Belplas moves to larger offices in Vaughan, Ont.by Canadian Plastics
The machinery sales firm’s new office is located at 9131 Keele St.