Canadian Plastics

News


November 1, 2018 News

LCY Chemical buys assets of Montreal’s BioAmber Inc.

by Canadian Plastics

The purchase was made by LCY’s green sciences division, LCY Biotechnology, and includes BioAmber’s shuttered plant Sarnia, Ont.

October 31, 2018 News

North American automotive vendor tooling spend to be $8 billion in 2019: report

by Canadian Plastics

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.

October 30, 2018 News

Britain to tax non-recycled plastic packaging by 2022

by Canadian Plastics

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.

October 30, 2018 News

Sidel acquires creative Italian packaging design company PET Engineering

by Canadian Plastics

Founded in 1999 and based in San Vendemiano, Italy, PET Engineering has 40 employees and has won several packaging awards recently.

October 29, 2018 News

Borealis buys controlling stake in South Korean cable compounder

by Canadian Plastics

The purchase of Cheonan, South Korea-based DYM Solution is intended to expand Borealis’ Asian manufacturing base.

October 26, 2018 News

German automation supplier Hahn Group buys Rethink Robotics technology

by Canadian Plastics

Hahn has acquired all of the patents and trademarks from Boston-based Rethink, the collaborative robot maker that closed its doors in early October.

October 26, 2018 News

Vertellus names former PolyOne exec John Van Hulle as CEO

by Canadian Plastics

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

October 26, 2018 News

Worker dies in accident at Dow Canada plant in Alberta

by Canadian Plastics

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.

October 25, 2018 News

Covestro to cut 900 jobs in cost savings move

by Canadian Plastics

The decision is part of the German plastics and chemicals firm’s plan to save 350 million euros by 2021.

October 24, 2018 News

Big management change at Hasco Canada

by Canadian Plastics

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.

October 24, 2018 News

Ontario to cap minimum wage at $14 an hour

by Canadian Plastics

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.

October 24, 2018 News

Private equity firm Arsenal Capital acquires specialty polymers maker Polytek

by Canadian Plastics

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.

October 23, 2018 News

Blown film industry legend Robert Krycki passes away

by Canadian Plastics

Krycki, 74, founded Brampton, Ont.-based Future Design Inc. in 1978, one of Canada’s most important blown film equipment manufacturers.

October 22, 2018 News

CTMA elects Robert Flack as new president

by Canadian Plastics

Flack, the CTMA’s former vice president, has over 28 years of experience in the Canadian tooling industry.

October 22, 2018 News

Engel reports “moderate growth” despite slowdown in North American sales

by Canadian Plastics

Engel is forecasting a six per cent increase in earnings over last year, with Germany representing the “lion’s share” of the sales.

October 21, 2018 News

Extrusion R&D pioneer Norton Wheeler, Jr. passes away

by Canadian Plastics

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.

October 19, 2018 News

​ReVital Polymers, Pyrowave and Ineos partner to launch PS recycling consortium

by Canadian Plastics

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.

October 17, 2018 News

Sepro closing in on another record sales year

by Canadian Plastics

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.

October 17, 2018 News

Herbold Meckesheim “up and running again” after massive fire in September

by Canadian Plastics

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.

October 17, 2018 News

Sidel Group acquires Italian packaging supplier PET Engineering

by Canadian Plastics

The purchase is designed to expand Sidel’s packaging portfolio in containers for water, soft drinks, liquid dairy products, and beer.