Canadian Plastics

News


March 13, 2019 News

Intertape Polymer reports revenue increase for 2018

by Canadian Plastics

The packaging supplier increased its revenue by more than 17% to US$1,053 million compared to 2017, and by more than 21.2% to US$287.7 million in the fourth quarter of 2018 compared to Q4 2017.

March 12, 2019 News

Packager DS Smith selling plastics unit to private equity firm Olympus

by Canadian Plastics

Olympus also owns protective packaging film maker Pregis.

March 12, 2019 News

Milacron appoints Michael Jones as new president of plastics processing unit

by Canadian Plastics

Jones has held a number of senior leadership roles within Cincinnati, Ohio-based Milacron since joining the company in 2015.

March 12, 2019 News

Baystar breaks ground on new Borstar PE unit in Texas

by Canadian Plastics

Baystar is the 50/50 joint venture owned by Total Petrochemicals & Refining USA and Novealis Holdings LLC, which is itself a joint venture co-owned by Nova Chemicals Corp. and Borealis AG.

March 11, 2019 News

DuPont investing $220 million at specialty films plant in Ohio

by Canadian Plastics

The investment will expand production of the company’s Kapton-brand polyimide film and Pyralux-brand flexible circuit materials.

March 10, 2019 News

Ravago buys rubber, specialty chemical distributor H.B. Chemical

by Canadian Plastics

Headquartered in Twinsburg, Ohio, H.B. Chemical supplies synthetic rubber, accelerators, plasticizers, antioxidants, waxes, and other specialty chemicals.

March 9, 2019 News

Ontario government weighs ban on single-use plastics

by Canadian Plastics

In a new discussion paper, the Province is asking the public for input on how to reduce litter and waste.

March 8, 2019 News

Berry buying packaging supplier RPC Group for $4.4 billion

by Canadian Plastics

Berry’s offer trumped a rival purchase offer made by private equity firm Apollo Global Management, and will create one of the world’s largest plastic packaging companies.

March 6, 2019 News

Ocean Cleanup mission failed because of material fatigue, investigators say

by Canadian Plastics

The ambitious system failed on Dec. 29 when a 60-foot length of the device deployed in the so-called Great Pacific Garbage Patch between Hawaii and California broke off.

March 6, 2019 News

Evonik to sell methacrylates business to investment group Advent

by Canadian Plastics

Evonik’s methacrylates business covers its methacrylates, acrylic products and CyPlus business lines, and some of the methacrylate resins activities.

March 5, 2019 News

New CEO for Wittmann Battenfeld

by Canadian Plastics

Georg Tinschert, the long-standing managing director and CEO of the Austria-based processing and auxiliary equipment supplier, is retiring at the end of March to be succeeded by Rainer Weingraber.

March 5, 2019 News

RJG opens injection molding training facility in Mexico

by Canadian Plastics

The joint training facility is located at Yanfeng Global Automotive Interiors’ manufacturing plant in Queretaro, Mexico.

March 4, 2019 News

Canadian auto purchases rose in February: Scotiabank

by Canadian Plastics

Auto sales in the U.S. fell for a second consecutive month, a new report from Scotiabank also said.

March 3, 2019 News

Dennis Tully, owner and president of MTD Micro Molding, passes at age 58

by Canadian Plastics

Tully bought the Charlton, Mass.-based company from his father, rebranded it MTD Micro Molding, and repositioned it for the medical device market.

March 1, 2019 News

Nordson president and CEO Michael Hilton announces retirement

by Canadian Plastics

After nine years at the helm of the Westlake, Ohio-based company, Hilton will retire by the end of 2019.

February 28, 2019 News

Westfall acquires Precision Injection Molding Co.

by Canadian Plastics

California-based Injection Molding Co. will further expand Westfall’s manufacturing footprint.

February 27, 2019 News

Husky names John Hafferty as new CFO

by Canadian Plastics

Hafferty has more than 35 years of financial and business experience, most recently as CFO for global rental equipment company ElectroRent.

February 27, 2019 News

American moldmakers generally positive about business outlook: survey

by Canadian Plastics

But only half of the moldmakers surveyed by the American Mold Builders Association believe business conditions in Q1 will increase, and only 10 per cent think their business will increase substantially over the next 12 months.

February 27, 2019 News

Teijin acquiring thermoset prepreg supplier Renegade

by Canadian Plastics

Headquartered in Ohio, Renegade is a leading North American supplier of highly heat-resistant thermoset prepregs for the aerospace industry.

February 26, 2019 News

Weak sales in China drag down global auto market: Scotiabank

by Canadian Plastics

Excluding China, Scotiabank’s most recent Global Auto Report says, vehicle purchases fell by 3 per cent year-over-year worldwide.