Light trucks help Canadian auto sales hit record level in Novemberby Canadian Plastics
Strong trucks sales helped push auto sales up 3.6 per cent in November 2014, setting a record for the month, according to DesRosiers Automotive Consultants Inc.
PolyOne buys specialty assets from Accella Performance Materialsby Canadian Plastics
In a bid to broaden its market reach, specialty material supplier PolyOne Corporation has acquired some of the specialty assets from Accella Performance Materials, a Maryland Heights, Mo.-based manufacturer of liquid polymer formulations.
GM investing $200 million in 2 Michigan plants for new vehicleby Canadian Plastics
General Motors Co. (GM) is investing US$200 million in two plants in Michigan in order to expand vehicle manufacturing in that state.
SPE names Automotive Innovation Award winnersby Canadian Plastics
The Automotive Division of the Society of Plastics Engineers (SPE) has announced the award winners of its Automotive Innovation Awards Competition – chief among them the an active glove box application on the 2015 Ford Motor Co. Ford…
Magna reports Q3 profit, sales up from last yearby Canadian Plastics
Canadian auto parts maker Magna International Inc. reported its third-quarter 2014 profits grew to US$470 million, up from US$319 million a year ago, as the auto industry saw production gains in both North America and Europe.
Canada nears record auto sales in 2014: Scotiabankby Canadian Plastics
Passenger vehicle sales in Canada soared 13 per cent above a year earlier in September, lifting purchases to an all-time record annual rate of two million units, according to the latest figures from Scotiabank.
SPE names Automotive Innovation Awards finalistsby Canadian Plastics
The Society of Plastics Engineers (SPE) Automotive Division has selected finalists for its 2014 Automotive Innovation Awards competition, said by SPE to be the oldest and largest competition of its kind in the world. Category winners and the…
Magna opens exteriors facility in Michiganby Canadian Plastics
Canadian auto parts supplier Magna International Inc. has opened DexSys, a new greenfield automotive exterior products plant in Delta Township, Mich.
Auto parts sector must invest to thrive: DesRosiersby Canadian Plastics
There are good days ahead for Canada’s automotive parts makers and toolmakers – but only the companies that invest in manpower, technology, and research and development will reap the full benefits, according to Canadian…
Celanese buys conductive polymers maker Cool Polymersby Canadian Plastics
In a bid to improve its profile in the conductive polymers markets, materials supplier Celanese Corp. has acquired most of the assets of conductive polymers maker Cool Polymers Inc.
A. Schulman inks PPS deal with Initzby Canadian Plastics
Plastic compound supplier A. Schulman Inc. has signed an agreement and a strategic partnership with South Korean polymer producer Initz for the compounding and marketing of Initz’s Ecotran polyphenylene sulfide (PPS) compounds.
$4 billion PE plant proposed for U.S.by Canadian Plastics
In what’s being billed as the largest private sector investment ever in the U.S. state of North Dakota, petrochemical company Badlands NGL LLC has announced plans to build a $4 billion polyethylene manufacturing plant.
New APMA head talks industry strengths, challengesby Canadian Plastics
Canadian automotive parts makers are fully capable of competing globally, but it’s still crucial to retain Canada’s existing auto assembly plants, according to Flavio Volpe, the new president of the Automotive Parts Manufacturers…
Canada posts trade deficit with the world in August: StatsCanby Canadian Plastics
Canada’s merchandise trade balance with the world went from a surplus of $2.2 billion in July to a deficit of $610 million in August, according to new figures from Statistics Canada.
Canadian auto parts shipments up 14% in 2014: Scotiabankby Canadian Plastics
Benefiting from a recovery in U.S. vehicle sales, Canadian auto parts shipments have surged 14% this year, according to the latest Scotiabank Global Auto Report.
Magna to open two new facilities in Indiaby Canadian Plastics
Auto parts maker Magna International Inc. is opening two new facilities in India.
New president for APMAby Canadian Plastics
The Automotive Parts Manufacturers Association (APMA) has a new president.
Investor calls for DuPont to break itself upby Canadian Plastics
Investment firm Trian Fund Management LP is urging chemical conglomerate DuPont Co. to break itself up, saying that efforts already underway at the company to shed some of its businesses were not enough to fix what it called DuPont’s…
Papp Plastics partners with Inplax for Mexican auto parts JVby Canadian Plastics
Windsor, Ont.-based auto parts manufacturer Papp Plastics and Distributing Ltd. has formed a joint venture with Mexican molder Inplax S.A de C.V.
Dow makes new executive leadership appointmentsby Canadian Plastics
Chemical giant Dow Chemical Company has made a series of executive leadership appointments, some of which will impact its plastics packaging and specialty plastics businesses.