The investment involves the installation of Davis-Standard’s fourth CNC machining centre, which will enable the company to increase feedscrew production by over 25 per cent.
France-based Nakan has eight production facilities worldwide and makes products used in the automotive, building and construction, and medical industries.
The Brampton, Ont.-based company has invested $1.5 million so far in 2018 on equipment for the development of prototypes, including close tolerance milling and turning machines, universal grinders, and three- and five-axis mills.
Indorama’s manufacturing footprint will combine with Loop’s proprietary science and technology to produce recycled PET resin and polyester fibre.
Roegner replaces outgoing president Mike Schmitt effective mid-November, and will be based out of Amcor Rigid Plastics’ headquarters in Ann Arbor, Mich.
Environment Minister Catherine McKenna announces the federal government plans to eliminate single-use plastics throughout government operations.
Construction of the facility is scheduled to be completed in September 2019, with start-up planned for October 2019.
Flow Valves makes the Syntron and SMS Iris flow control valves, which are used for applications ranging from packaging and bagging, and for free-flowing powders and granular materials.
For the fifth consecutive quarter, plastics machinery shipments in North America continued to increase in the second quarter of 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.
The halfway point was observed at a topping-out ceremony for the new Hall 1 held on Sept. 14.
Both Hall 1 and 2 are being demolished and will be replaced by a larger Hall.
But Univar also said that it has hired an external advisor “to evaluate strategic alternatives for Nexeo’s industry-leading plastics business, which may include a potential divestiture of the business.”
A memorandum of understanding signed by the two companies calls for Clariant to combine its additives and high value masterbatches with parts of Sabic’s specialties business to create a new joint venture business for high performance materials.
California-based Bolcof’s sales territory includes key accounts in Canada.
Rehau and MB Barter will combine both their competencies in a new organization under one umbrella brand.
Construction of the new project is targeted for mid-2019 and production is scheduled to begin in 2020.
Sun Plastech Inc., the manufacturer and distributor of AsaClean purging compounds, has appointed Joseph Serell as its new president. Serell succeeds outgoing president Glenn Kornfeld, who will assume new responsibilities at Sun Plastech’s parent company Asahi Kasei America, which is…
Spenceley is the owner and president of Lethbridge, Alta.-based rotomolder Flexahopper Plastics Ltd.
Nudura was bought by Medina, Ohio-based industrial product supplier RPM International for an undisclosed amount.
The Germany-based recycling machinery maker estimated that the damage will run into the millions, but that the office space, the test centre, and the production halls were not affected. There were no casualties.
Auto sales growth has also slowed down markedly in the U.S. and Mexico, a new report from Scotiabank says.