Clariant selling healthcare packaging business to Arsenal Capitalby Canadian Plastics
The business unit – which generated sales of around 135 million Swiss francs in 2018 – has manufacturing facilities in the U.S., France, China and India, and employs approximately 600 employees.
Tooling supplier Chiron America taps former Husky exec as its new president, CEOby Canadian Plastics
Steve Morris, Chiron America’s new president and CEO, previously worked in leadership positions with Husky Injection Molding Systems and also with Milacron.
Magna receives FCA Supplier of the Year Awardby Canadian Plastics
Magna’s interior content to Fiat Chrysler Automobiles consists of complete seat sets on vehicles such as the Jeep Grand Cherokee, Dodge Durango and Chrysler Pacifica.
Petro-Canada gets funding for cross-country electric vehicle fast-charging networkby Canadian Plastics
The federal government is awarding Petro-Canada $4.6 million to build 92 electric vehicle fast chargers, with the first completed station being in Stewiacke, N.S.
in its coast-to-coast network.
Pretium Packaging invests $2 million in PET blow molding equipment for Alabama plantby Canadian Plastics
The new equipment has the capability of producing containers ranging from 6oz to 2L and finishes from 24 to 45 mm.
Eclipse Automation buys Hungarian automation supplier Transmodulsby Canadian Plastics
The purchase allows Cambridge, Ont.-based Eclipse to expand into Europe to support the growing automation market.
KFC Canada to phase out plastic straws and bags this yearby Canadian Plastics
By October 2019, plastic straws and plastic bags will no longer be used or provided at any KFC restaurant locations across Canada.
Sidel joins Ellen MacArthur’s New Plastics Economy Global Commitmentby Canadian Plastics
This worldwide initiative was launched in 2018 with the goal of addressing the plastic waste and pollution crisis at its source and keeping plastics within the economy.
Hillenbrand buying Milacron for $2 billionby Canadian Plastics
The combined company is expected to generate annual sales of approximately US$3 billion and free cash flow of more than US$325 million by 2021.
Dynamic Conveyor hires new sales managerby Canadian Plastics
The conveying system supplier has appointed John Stong, an industrial machine manufacturing industry veteran, to fill the role.
Tekni-Plex purchases South American closure liner manufacturer Geraldiscosby Canadian Plastics
Geraldiscos manufactures closure liners and induction seals for a wide variety of container types – including PP, PE, HDPE, PVC, and PET – to the South American food, chemical, automotive, and healthcare marketplace.
Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical dealby Canadian Plastics
In their second major deal in the past few weeks, the two companies have agreed to jointly pursue development of a new petrochemical plant in the Gulf Coast region of the U.S.
Canada’s Woodbridge Foam investing $100 million on upgrades, research centre in Ontarioby Canadian Plastics
The investment, which includes $20 million from the federal government, will help create and maintain more than 800 jobs and establish a new Centre of Excellence.
SPE Thermoforming Division awards scholarships to five studentsby Canadian Plastics
The recipients are four undergraduates and one graduate student, and will support their continuing studies and active participation in plastics.
Reifenhäuser breaks ground on new production facilityby Canadian Plastics
The new 3,000-square-meter production and assembly hall for flat dies at the company’s headquarters in Troisdorf, Germany is scheduled to open in spring 2020.
Canadian auto sales fell in June, Scotiabank saysby 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.
KraussMaffei rebrands itself ahead of K showby 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.
Milacron completes sale of Uniloy blow molding businessby 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.
Lanxess intensifies its blow molding activitiesby 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.
Private equity firm Kohlberg buys healthcare packaging supplier Nelipakby Canadian Plastics
Nelipak, headquartered in Cranston, R.I, is a global provider of custom designed rigid packaging for the medical device and pharmaceutical industries.