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Canadian Plastics

 •  December 9, 2016

Print this page Two new petrochemical projects in Alberta will qualify for up to $500 million in royalty credits under the province’s new petrochemicals diversification program. The first project is a joint venture between Calgary-based Pembina Pipeline Corporation and Petrochemical Industries Company, based in Kuwait, to build a new facility in...

Canadian Plastics

 •  December 8, 2016

Industry association the Society of Plastics Engineers (SPE) is on the hunt for a new CEO. Willem De Vos, the current CEO of Bethel, Conn.-based SPE, will be leaving the organization in 2017. He has been at the helm of SPE since 2012. Willem De Vos SPE will start the search for a new leader in January 2017 with the goal to have him/her on-board by...

Canadian Plastics

 •  December 7, 2016

Global car sales posted a further solid advance in October, a new report from Scotiabank says, climbing 5% above a year earlier. Asia continued to lead the way, Scotiabank’s newest Auto News Flash report said, with gains buoyed by a 23% surge in China. “The latest advance in China extends double-digit increases to six consecutive months, and...

Canadian Plastics

 •  December 5, 2016

Print this page The U.S. Environmental Protection Agency (EPA) has proposed to leave in place its greenhouse gas emissions standards for light vehicles through the 2025 model year. The proposal kicks off a 30-day comment period, after which the EPA administrator could finalize the determination that the standards are achievable and don’t need to be...

Canadian Plastics

 •  December 3, 2016

Auxiliary equipment supplier ACS Group has opened a new state-of-the-art technology centre, just down the road from its primary manufacturing operation New Berlin, Wis. According to ACS, the goal of the centre is to provide a customer showcase for products, a research and development facility for accelerating the release of new products, and a...

Canadian Plastics

 •  November 28, 2016

Two names associated with U.S. President-elect Donald Trump’s fledgling cabinet have ties to the plastics industry. Trump’s nominee for Education Secretary is Elizabeth DeVos, the daughter of Edgar Prince, the founder of Holland, Mich.-based automotive parts supplier Prince Automotive. Edgar Prince died in 2005, and Prince Automotive was acquired...

Canadian Plastics

 •  November 28, 2016

2016 Ontario Export Award winners (back row, from left): Ensieh Daniali (Business Studies Student Award); Matt Bigger, Transportation Division Manager, Polycorp Ltd.; Gregory Penner, President & CEO, NeoVentures Biotechnology Inc.; David Khazanski, CEO, INKAS Armored Vehicle Manufacturing; Paolo Maccario, COO, Silfab Solar Inc.; (front row, from...

Canadian Plastics

 •  November 28, 2016

Automotive parts supplier Magna International Inc. reported record third quarter and year to date results in November. The Aurora, Ont.-based company’s Q3 2016 sales were up by 16%, well above 3% growth in global light vehicle production. “We posted sales of $8.8 billion for the third quarter ended September 30, 2016, an increase of 16% over the...

Canadian Plastics

 •  November 26, 2016

Buoyed by what it called the continued strong integrated polyolefin industry margins and a solid contribution from its Borouge joint venture, Austria-based material supplier Borealis has posted a net profit of 304 million euros in the third quarter of 2016 compared to 257 million euros in the same period in 2015. The company’s Base Chemicals...

Canadian Plastics

 •  November 22, 2016

In a bid to boost its business and product development in the Americas, Germany-based chemical supplier Wacker AG is establishing a new R&D centre in Ann Arbor, Mich. Based at Michigan Innovation Headquarters, a co-work campus facility in Ann Arbor, the centre will consist of several labs for R&D and analytics. In a statement, Wacker said it’s...