News


July 8, 2019 News

Canadian auto sales fell in June, Scotiabank says

by Canadian Plastics

U.S. auto sales continued its above-trend growth in June following an equally strong performance in May, according to Scotiabank’s latest Auto News Flash.

July 8, 2019 News

KraussMaffei rebrands itself ahead of K show

by Canadian Plastics

The rebranding, which will remove “Netstal” from the company name, merges the company’s brands for injection molding, extrusion, and reaction process technologies under the single brand of KraussMaffei.

July 5, 2019 News

Milacron completes sale of Uniloy blow molding business

by Canadian Plastics

The new Uniloy organization will be led by President and CEO Brian Marston, a veteran of the plastics and blow molding industry with more than 35 years of professional experience.

July 4, 2019 News

Lanxess intensifies its blow molding activities

by Canadian Plastics

The German specialty chemicals company is setting up a global team to develop blow molding materials and also commissioning a new blow molding system at its technical centre in Dormagen.

July 3, 2019 News

Private equity firm Kohlberg buys healthcare packaging supplier Nelipak

by Canadian Plastics

Nelipak, headquartered in Cranston, R.I, is a global provider of custom designed rigid packaging for the medical device and pharmaceutical industries.

July 2, 2019 News

Milacron considering selling its Cimcool division: report

by Canadian Plastics

Bloomberg sources say the plastics machinery maker is working with an adviser to look at options for the unit, which produces coolants and lubricants for industrial machinery.

July 2, 2019 News

Tekni-Plex purchases Italian healthcare packaging manufacturer Lameplast

by Canadian Plastics

Lameplast, the twelfth acquisition made by Tekni-Plex in the past five years, will become part of its global Tekni-Films business.

July 2, 2019 News

Gelest acquires polymer maker Bimax

by Canadian Plastics

The acquisition bolsters Gelest’s portfolio of specialty materials and solutions.

June 30, 2019 News

CPIA names 2019-2020 Board of Directors

by Canadian Plastics

Joel Rudolph of Farnell Packaging was elected Chair of the Board; and Mark Lichtblau of Inteplast Bags and Films Corp., Haremar Plastic Manufacturing Division, was elected as Treasurer.

June 28, 2019 News

Magna wins Ford’s global supplier award

by Canadian Plastics

The Canadian auto parts maker was recognized as a top-performing global supplier by Ford with a Silver Quality World Excellence Award.

June 28, 2019 News

BASF plans to cut 6,000 jobs

by Canadian Plastics

Citing a slowing demand for chemicals, BASF said its efforts to reduce its workforce will take until the end of 2021.

June 28, 2019 News

Downturn in global auto sales continued in May: Scotiabank

by Canadian Plastics

The Canadian auto sales rate ticked up marginally in May, Scotiabank’s latest Global Auto Report said, but the decline on a year-over-year basis continued.

June 27, 2019 News

Chroma Color names Gerald Baillargeon as new CFO

by Canadian Plastics

Baillargeon has held CFO positions with several companies during his career.

June 26, 2019 News

Arburg breaks ground on expansion at U.S. headquarters

by Canadian Plastics

The German injection molding machine maker broke ground on a 23,000-square-foot expansion at its Rocky Hill, Conn. headquarters on June 14.

June 25, 2019 News

American Chemistry Council names Christopher Jahn as new president and CEO

by Canadian Plastics

Jahn currently serves as president and CEO of the Fertilizer Institute, and will succeed outgoing ACC head Cal Dooley in October 2019.

June 25, 2019 News

Amcor selling three flexible packaging plants to private equity firm Kohlberg & Co.

by Canadian Plastics

The sale of the three Bemis flexible packaging plants in the UK and Ireland was required by the European Commission as part of the process of Amcor acquiring Bemis.

June 25, 2019 News

CPIA now accepting nominations for 2019 Leadership Awards

by Canadian Plastics

The Canadian Plastics Industry Association is accepting nominations until July 12 for awards in the Leader of the Year, Plastics Industry Young Leader, Canplast, Lifetime Achievement, Innovator, and Sustainability categories.

June 24, 2019 News

Chevron Phillips, Qatar Petroleum team up for giant petrochemical project in Middle East

by Canadian Plastics

The new petrochemical plant will be built in Qatar, and will produce ethylene and HDPE when it comes online by 2025.

June 21, 2019 News

Chevron Phillips offers $15 billion for Nova Chemicals, report says

by Canadian Plastics

The Reuters news agency reports that Chevron Phillips, based in the Woodlands, Texas, was bidding more than $15 billion for Calgary-based Nova.

June 20, 2019 News

Takaya Sugimura is new president of Yushin America

by Canadian Plastics

He succeeds Michiari Ota, who has finished his five-year tenure as head of the Cranston, R.I.-based robot maker.