News


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.

June 20, 2019 News

Engel names Michael Traxler as head of its mold technology division

by Canadian Plastics

Industry veteran Traxler joined Engel in 2015 and previously headed the company’s packaging business unit in North America.

June 19, 2019 News

Consolidated Container buying pharmaceutical packaging supplier Tri State Distribution

by Canadian Plastics

Headquartered in Tennessee, Tri State is said to be one of the largest manufacturers of prescription packaging in the U.S.

June 19, 2019 News

Tekni-Plex completes acquisition of three Amcor manufacturing units

by 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.

June 18, 2019 News

Macro Engineering founder Mirek Planeta retires

by 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.

June 18, 2019 News

Ontario-based compounder Optima Colour bought by industry veterans

by 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.

June 17, 2019 News

ExxonMobil, Sabic proceeding with chemical plant construction in Texas

by 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.

June 14, 2019 News

W. Amsler makes first commercial sale for its PET barrier growler

by Canadian Plastics

The beer growler was sold to Arch Brewing, of Newmarket, Ont., as a lightweight, event-friendly plastic alternative to glass.

June 14, 2019 News

Nordson names Sundaram Nagarajan as new president and CEO

by Canadian Plastics

Nagarajan will succeed Michael Hilton, who is stepping down after almost 10 years with the company, effective August 1.

June 13, 2019 News

SPE Thermoforming Division adds new categories in annual Parts Competition

by Canadian Plastics

The program rewards advances in thermoforming design and application.