The purchase was made by LCY’s green sciences division, LCY Biotechnology, and includes BioAmber’s shuttered plant Sarnia, Ont.
The drop in spending is directly related to reduced launches from the Detroit Three automakers, the new report from market research firm Harbour Results says.
Under the new proposal, which will now go out for consultation, plastic packaging that contains at least 30 per cent recycled material will be exempt from the tax.
Founded in 1999 and based in San Vendemiano, Italy, PET Engineering has 40 employees and has won several packaging awards recently.
The purchase of Cheonan, South Korea-based DYM Solution is intended to expand Borealis’ Asian manufacturing base.
Hahn has acquired all of the patents and trademarks from Boston-based Rethink, the collaborative robot maker that closed its doors in early October.
Specialty chemical maker Vertellus Holdings LLC has named former PolyOne Corp. executive John Van Hulle as its new CEO. In a statement, Indianapolis, Ind.-based Vertellus said Van Hulle brings more than three decades of leadership experience in the specialty chemical…
The 47-year-old victim was killed on Oct. 24 after being pinned by a drum dumper, which loads material into a hopper, at Dow’s polyethylene plant in Red Deer.
The decision is part of the German plastics and chemicals firm’s plan to save 350 million euros by 2021.
Managing director Louis Hébert is retiring at the end of 2018; René Eisenring with replace him as the new general manager, effective January 1, 2019.
The Ontario government said new rules – which will link future minimum-wage increases to the inflation rate and reduce the number of personal leave days – will help cut red tape and encourage business investment.
Headquartered in New York City, Arsenal has previously built Accella Performance Materials, a polyurethanes systems company, through nine strategic acquisitions, and Elite Comfort Solutions, a manufacturer of specialty polyurethane foam technologies serving the bedding market.
Krycki, 74, founded Brampton, Ont.-based Future Design Inc. in 1978, one of Canada’s most important blown film equipment manufacturers.
Flack, the CTMA’s former vice president, has over 28 years of experience in the Canadian tooling industry.
Engel is forecasting a six per cent increase in earnings over last year, with Germany representing the “lion’s share” of the sales.
Wheeler’s 60-year career was spent entirely with Pawcatuck, Conn.-based extrusion equipment maker Davis-Standard LLC, where in the early 1980s he patented the well-known DSB screw design.
The partnership will focus on materials collected in consumer curbside and depot recycling systems as well as other sources such as restaurants, offices, schools, and universities.
The France-based robotic automation maker is also nearing the end of an 11 million euro expansion plan, to expand facilities in the U.S. and France, that was launched in May 2017.
The plastics recycling machinery maker is returning to a normal production level following a major fire on Sept. 10 at its plant and headquarters in Meckesheim, Germany.
The purchase is designed to expand Sidel’s packaging portfolio in containers for water, soft drinks, liquid dairy products, and beer.