Magna wins Ford’s global supplier awardby Canadian Plastics
The Canadian auto parts maker was recognized as a top-performing global supplier by Ford with a Silver Quality World Excellence Award.
BASF plans to cut 6,000 jobsby Canadian Plastics
Citing a slowing demand for chemicals, BASF said its efforts to reduce its workforce will take until the end of 2021.
Downturn in global auto sales continued in May: Scotiabankby 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.
Chroma Color names Gerald Baillargeon as new CFOby Canadian Plastics
Baillargeon has held CFO positions with several companies during his career.
Arburg breaks ground on expansion at U.S. headquartersby 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.
American Chemistry Council names Christopher Jahn as new president and CEOby Canadian Plastics
Jahn currently serves as president and CEO of the Fertilizer Institute, and will succeed outgoing ACC head Cal Dooley in October 2019.
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.
CPIA now accepting nominations for 2019 Leadership Awardsby 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.
Chevron Phillips, Qatar Petroleum team up for giant petrochemical project in Middle Eastby Canadian Plastics
The new petrochemical plant will be built in Qatar, and will produce ethylene and HDPE when it comes online by 2025.
Chevron Phillips offers $15 billion for Nova Chemicals, report saysby 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.
Takaya Sugimura is new president of Yushin Americaby Canadian Plastics
He succeeds Michiari Ota, who has finished his five-year tenure as head of the Cranston, R.I.-based robot maker.
Engel names Michael Traxler as head of its mold technology divisionby Canadian Plastics
Industry veteran Traxler joined Engel in 2015 and previously headed the company’s packaging business unit in North America.
Consolidated Container buying pharmaceutical packaging supplier Tri State Distributionby Canadian Plastics
Headquartered in Tennessee, Tri State is said to be one of the largest manufacturers of prescription packaging in the U.S.
Tekni-Plex completes acquisition of three Amcor manufacturing unitsby Canadian Plastics
The facilities – located in Madison and Milwaukee, Wis., and Ashland, Mass. – will provide a broad portfolio of sterilizable medical device packaging substrates including coated and uncoated Tyvek, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels.
Macro Engineering founder Mirek Planeta retiresby Canadian Plastics
An extrusion machinery expert, Planeta founded Macro in 1978, and the initial focus of the company was improving air ring design, leading to the invention of the dual lip air ring.
Ontario-based compounder Optima Colour bought by industry veteransby Canadian Plastics
Cambridge, Ont.-based Optima has been acquired by a group of purchasers headed by Kurt Stahle, the owner of material supplier Simcoe Plastics Ltd.
ExxonMobil, Sabic proceeding with chemical plant construction in Texasby Canadian Plastics
Construction of the chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas will begin in the third quarter of 2019 and startup is anticipated by 2022.
W. Amsler makes first commercial sale for its PET barrier growlerby Canadian Plastics
The beer growler was sold to Arch Brewing, of Newmarket, Ont., as a lightweight, event-friendly plastic alternative to glass.
Nordson names Sundaram Nagarajan as new president and CEOby Canadian Plastics
Nagarajan will succeed Michael Hilton, who is stepping down after almost 10 years with the company, effective August 1.
SPE Thermoforming Division adds new categories in annual Parts Competitionby Canadian Plastics
The program rewards advances in thermoforming design and application.