News


July 24, 2019 News

Clariant CEO Ernesto Occhiello resigns after 10 months

by Canadian Plastics

Occhiello’s departure comes as Clariant continues to negotiate with chemical supplier Sabic concerning the creation of a new business line.

July 23, 2019 News

Bunting Magnetics turns 60

by Canadian Plastics

Founded in August 1959, the family-owned company designs, manufactures, and sells magnetic equipment used in applications such as magnetic separation, metal detection, conveyor systems, and magnetic printing cylinders.

July 23, 2019 News

Sidel acquires French moldmaker Cognac Moules Emballages Plastiques

by Canadian Plastics

The deal is designed to strengthen Sidel’s moldmaking and tooling capabilities.

July 22, 2019 News

Ford cutting 200 jobs at Oakville, Ont. auto assembly plant

by Canadian Plastics

In a statement, Ford said the layoffs are the result of a “long-standing practice of matching production with consumer demand.”

July 22, 2019 News

New vice president for purging compound maker Sun Plastech

by Canadian Plastics

The company, which manufactures and distributes AsaClean purging compounds, has appointed Phani Nagaraj to the position.

July 22, 2019 News

Clariant selling healthcare packaging business to Arsenal Capital

by Canadian Plastics

The business unit – which generated sales of around 135 million Swiss francs in 2018 – has manufacturing facilities in the U.S., France, China and India, and employs approximately 600 employees.

July 19, 2019 News

Tooling supplier Chiron America taps former Husky exec as its new president, CEO

by Canadian Plastics

Steve Morris, Chiron America’s new president and CEO, previously worked in leadership positions with Husky Injection Molding Systems and also with Milacron.

July 18, 2019 News

Magna receives FCA Supplier of the Year Award

by Canadian Plastics

Magna’s interior content to Fiat Chrysler Automobiles consists of complete seat sets on vehicles such as the Jeep Grand Cherokee, Dodge Durango and Chrysler Pacifica.

July 17, 2019 News

Petro-Canada gets funding for cross-country electric vehicle fast-charging network

by Canadian Plastics

The federal government is awarding Petro-Canada $4.6 million to build 92 electric vehicle fast chargers, with the first completed station being in Stewiacke, N.S.

in its coast-to-coast network.

July 17, 2019 News

Pretium Packaging invests $2 million in PET blow molding equipment for Alabama plant

by Canadian Plastics

The new equipment has the capability of producing containers ranging from 6oz to 2L and finishes from 24 to 45 mm.

July 16, 2019 News

Eclipse Automation buys Hungarian automation supplier Transmoduls

by Canadian Plastics

The purchase allows Cambridge, Ont.-based Eclipse to expand into Europe to support the growing automation market.

July 16, 2019 News

KFC Canada to phase out plastic straws and bags this year

by Canadian Plastics

By October 2019, plastic straws and plastic bags will no longer be used or provided at any KFC restaurant locations across Canada.

July 13, 2019 News

Sidel joins Ellen MacArthur’s New Plastics Economy Global Commitment

by Canadian Plastics

This worldwide initiative was launched in 2018 with the goal of addressing the plastic waste and pollution crisis at its source and keeping plastics within the economy.

July 12, 2019 News

Hillenbrand buying Milacron for $2 billion

by Canadian Plastics

The combined company is expected to generate annual sales of approximately US$3 billion and free cash flow of more than US$325 million by 2021.

July 12, 2019 News

Dynamic Conveyor hires new sales manager

by Canadian Plastics

The conveying system supplier has appointed John Stong, an industrial machine manufacturing industry veteran, to fill the role.

July 11, 2019 News

Tekni-Plex purchases South American closure liner manufacturer Geraldiscos

by Canadian Plastics

Geraldiscos manufactures closure liners and induction seals for a wide variety of container types – including PP, PE, HDPE, PVC, and PET – to the South American food, chemical, automotive, and healthcare marketplace.

July 10, 2019 News

Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical deal

by Canadian Plastics

In their second major deal in the past few weeks, the two companies have agreed to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the U.S.

July 10, 2019 News

Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontario

by Canadian Plastics

The investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.

July 9, 2019 News

SPE Thermoforming Division awards scholarships to five students

by Canadian Plastics

The recipients are four undergraduates and one graduate student, and will support their continuing studies and active participation in plastics.

July 8, 2019 News

Reifenhäuser breaks ground on new production facility

by Canadian Plastics

The new 3,000-square-meter production and assembly hall for flat dies at the company’s headquarters in Troisdorf, Germany is scheduled to open in spring 2020.