News
Jordan Co. acquires PSG’s Polymer Additives division from Arsenal Capital
by Canadian PlasticsHeadquartered in Cleveland, PSG’s Polymer Additives division supplies homogenizing agents, process aids, dispersions, and release agents for the rubber, plastic, and engineered wood industries.
TC Transcontinental selling its paper and woven PP operations to Hood Packaging
by Canadian PlasticsBurlington, Ont.-base Hood will acquire TC’s operations in the U.S. states of California, Iowa, Pennsylvania, South Carolina, and Georgia.
DSM and Shapeways partner to develop scalable 3D printing solutions
by Canadian PlasticsDSM said the partnership will allow it to utilize Shapeways’ technology to “harness the power of on-demand 3D printing at scale, with just a small line of code.”
Wittmann Battenfeld sells its 40,000th injection molding machine
by Canadian PlasticsThe unit, a MacroPower 850, was delivered to the Eschwege, Germany molding plant of Stiebel Eltron GmbH, a molder of products for the household technology sector.
U.S. recycled less plastic in 2017, EPA says
by Canadian PlasticsThe U.S. plastics recycling rate fell to its lowest level in half a decade, according to new figures from the agency.
Sekisui Chemical acquires composite parts maker AIM Aerospace
by Canadian PlasticsAs a result of the purchase, Renton, Wash.-based AIM will change its name to Sekisui Aerospace.
North American robot sales up in 2019
by Canadian PlasticsAccording to new figures from the Robotic Industries Association, the largest driver of this growth was an increase in orders from automotive OEMs, followed by plastics and rubber, and food and consumer goods.
Sustainable chemical supplier Novomer names Jeff Uhrig as new CEO
by Canadian PlasticsUhrig is a chemical industry veteran, most recently serving as president and CEO for Sirrus Inc., a developer of methylene malonate technology.
Flexible packager TC Transcontinental to shutter P.E.I. facility
by Canadian PlasticsCiting low production volumes, the Montreal-based company says it will close the P.E.I. plant by January 2020 and lay off about 15 workers.
New president for additives maker Struktol
by Canadian PlasticsThe Stow, Ohio-based company has named Mark Skakun III, a 10-year veteran of the firm, to the position.
Nissei buying controlling share of Negri Bossi
by Canadian PlasticsJapan-based Nissei said it’s buying 75 per cent of Negri Bossi’s shares now and the remaining 25 per cent “within a few years.”
Nexeo Plastics and Gendon Polymer sign distribution agreement for North America
by Canadian PlasticsNexeo will now distribute Gendon’s product families, which include the Genflam, Genfil, and GenNex compound lines.
Magna buys Czech automotive lighting engineering firm Winpac
by Canadian PlasticsThe deal will strengthen its engineering and electronics competencies and increase its forward lighting engineering capability in Europe, Magna said.
Milacron stockholders have approved sale to Hillenbrand
by Canadian PlasticsThe US$2 billion deal between the Cincinnati, Ohio-based processing machinery maker and Hillenbrand was first announced in July 2019.
Canadian manufacturing sales down slightly in September, StatsCan says
by Canadian PlasticsSales in the machinery industry increased 5.5 per cent to $3.7 billion, however, which was the largest monthly increase since May 2018.
Sonoco grows healthcare packaging footprint with thermoformer acquisition
by Canadian PlasticsThe global packaging supplier is purchasing Thermoform Engineered Quality LLC and Plastique Holdings Ltd. for $187 million.
Rotomolder Tank Holding acquires Chem-Tainer
by Canadian PlasticsHummelstown, Pa.-based Chem-Tainer is a rotational molder that manufacturers tanks and containers for both chemical and water applications.
New sales manager for thermal carbon black supplier Cancarb
by Canadian PlasticsThe company, which is headquartered in Medicine Hat, Alta., has named Brad Thompson to fill the role.
Extrusion film veteran Duane Smith moves to part-time role
by Canadian PlasticsSmith has been with extrusion machinery maker Davis-Standard for 47 years, most recently as process manager, web handling and specialty winding.
Berlin Packaging announces departure of CEO Andrew Berlin
by Canadian PlasticsJohn Zimmerman will serve as interim CEO of the Chicago-based company until a permanent replacement is found.