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DuPont sells Liqui-Box businesses
DuPont Liquid Packaging Systems, which markets products under the trade-name Liqui-Box, is selling its performance films businesses. This includes the Sclairfilm and Dartek operations, and a Whitby, Ont., packaging plant.
The buyer is Exopack Performance Films Inc. (Spartanburg, SC). Exopack is part of Sun Capital Partners, Inc., a private investment firm located in Boca Raton, Fla.
The transaction was expected to close this November, subject to regulatory approval. Terms of the deal were not disclosed.
The performance films operations focus on the production of Dartek nylon 6,6 cast film, a barrier film, and the Sclairfilm family of sealant films. These products are manufactured at the Whitby facility and used in a variety of packaging and industrial applications.
As part of the sale, DuPont Liquid Packaging Systems is entering into a long-term supply agreement with Exopack for films and laminates produced at Whitby site that are used in its liquid packaging systems business. Exopack will offer employment to all employees involved in the Whitby operations including poly, nylon, finishing, laminations and manufacturing support, as well as sales and sales support for the Sclairfilm and Dartek businesses.
www.plastics.dupont.com
Industry veterans gather to recall old times
Quebec plastics pioneers met recently near Montreal for a reunion. The group consists of long-serving executives and other industry members.
US industry sees changing trade balance
The disparity between the greenback and the loonie is hurting Canada, but it boosted US exports for the first eight months of 2007. The Society of the Plastics Industry (Washington, DC) says the plastics industry there had a surplus of US$6.9-billion over that period, an 11.7 per cent increase over the rate in 2006.
Canada remains the US largest source for American imports, at 33 per cent of the total market. China is second, with 20 per cent. Canada is also the principal supplier of US resin, machinery and moulds.
Overall, imports were down 2.3 per cent, according to SPI president Bill Carteaux.
However, the main gains were made by resin producers, not other sectors. There was a $4.7-billion trade deficit in manufactured plastics products, and the machinery segment racked up an $896 million deficit. Mouldmaking notched up a $721-million trade deficit
By comparison, plastics exports in 2006 grew by 12.3 per cent over 2005 to $43.4-billion, while imports last year grew by 7.5 per cent to $37.6-billion, which gave a surplus of $5.8 billion. That was up almost 58 per cent from 2005's surplus of $3.7 billion.
Carteaux drew his strongest encouragement from the trade deficit in plastics products, which levelled off from 2005 to 2006, and was projected to drop to $4.3-billion over the course of 2007.
SPI has also published its latest Global Business Trends Report. This fills in some of the less promising aspects of the picture, wherein the trade balance in resins drops from surplus status to an $872-million deficit, while the deficit in moulded and extruded products grows to $29.4 billion.
As previously noted at an SPI conference during K 2007, through 2006 Canada and Mexico remained equal with each other as the US' largest markets for resins, products, machines and tooling, each accounting for 24 per cent of US exports, while China holds third place with six per cent.
www.plasticsindustry.org
BE sells 11-layer line
Brampton Engineering (Brampton, Ont.) has signed a deal for its first-ever 11-layer blown film line. The customer was not identified.
"Our competitors are now trying to develop an efficient and flexible nine-layer die to compete with our SCD-3," said BE's president, Bud Smith, "but no other machine manufacturer can match our experience and performance in the seven eight, nine and 10-layer market. We have approximately 75 seven to 10 layer lines producing film in the global marketplace, of which 15 are nine-layer and two 10-layer."
www.be-ca.com
Multilayer film line from Brampton Engineering
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Changes
Portuguese conglomerate RAR Sociedade de Controle (Holding) SA will buy out the 40 percent stake of its Canadian partner, CCL Industries Inc., in their European packaging joint venture, ColepCCL Embalagens e Enchimentos SA. CCL has agreed to sell its share in the pan-European venture to RAR of Oporto for 100 million euros ($142 million) cash. The deal is due to be completed by the end of November.
www.colepccl.com
Arburg Inc. (Newington, Conn.), as well as several other equipment manufacturers, are sharing new representatives in Canada. Dier International (Unionville, Ont.) and D-Cube (Montreal) are handling the Arburg range of injection moulding machines. As part of a joint agreement, they are also both selling Erema extrusion systems for recycling; Motan Inc. raw materials handling equipment; Rapid Granulator size reduction machinery; and Thermal Care process cooling systems. Dier is taking on sales in Ontario and points west, while D-Cube is handling sales in Quebec and eastern Canada.
Plastics Machinery Inc. (Newmarket, Ont.) now represents the
Nissei ASB Machine Co. Ltd. line of one and two-stage injection stretch-blow moulding machines. It is covering sales from Manitoba eastward through central Canada to the east coast.
www.pmiplastics.com, www.nisseiasb.co.jp
JER Envirotech International Corp. (Delta, BC) has signed a four-year supply agreement with Guardian Building Products Distribution, Inc. (Greenville, SC) to provide its proprietary thermoplastic biocomposite pellets.
Eaton Corp. (Cleveland, Ohio) is buying Arrow Hose & Tubing Inc. (Guelph, Ont.) for an undisclosed price. Arrow extrudes specialty thermoplastic hose and tubing for the industrial, food and beverage, and agricultural markets, and employs 60 people at plants in Guelph and Fort Worth, Tex.
| The Novaflex Group has added another account manager and sales representative to its team. Carole Gazaille, based out of Novaflex's Flexmaster subsidiary in Pointe Claire near Montreal, will be responsible for the company's HVAC products, industrial duct, and Lindab product line, as well as Z-Flex products. |
Carole Gazaille |
| Milacron Inc. (Cincinnati, Ohio) has hired Brian T. Bishop as vice-president of marketing, global plastics machinery. He was most recently president of the Demag Plastics Group, and previously held leadership positions at HPM and Engel Machinery. He will report to Bob Simpson, president of Milacron's Global Plastics Machinery division. |
Brian Bishop |
Basell Holdings NV has announced the closing of its 440-million lb resin plant in Varennes, Que. It will shut down in April. The company described the plant as a standalone site with small capacity, and operating costs that are no longer competitive. Earlier this year, Basell North America announced plans to close a 385-million lb PP plant in Sarnia, Ont.
Bayer MaterialScience AG will cut a tenth of the 1,500 jobs in its plastics operations over the next two years. Werner Wenning, chairman of Leverkusen-based parent Bayer AG, said he expects the job cuts to be achieved through normal attrition.
Adcuram Industriekapital AG has bought polyurethane equipment maker Hennecke GmbH from Bayer MaterialScience LLC. Adcuram, a private equity firm that bought Battenfeld Kunststoffmaschinen GmbH last year, says it has committed to not selling Hennecke for at least five years.
NOVA Chemicals Corp. (Pittsburgh, Pa.) has appointed Chris Bezaire vice-president, Advanced Sclairtech technology and licensing. He will report to Chris Pappas, senior vice president and chief operating officer of NOVA Chemicals.
Chris Bezaire
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Coming
Events
November 15: Monthly dinner meeting of Ontario section, Society of Plastics Engineers, on Development of Composites in Canada. with Rafic Moubaric of Experco Composites Inc. At the Delta Toronto Airport West Hotel. (Contact: Joe DeRose at 416-410-2286 or jderose@conforce1.com)
November 16: Seminar on innovation in manufacturing, co-sponsored by the Ontario Ministry of Economic Development and Trade and Canadian Tire. The seminar includes sessions on innovation, industrial design and new design processes. At the Design Exchange, Toronto. (Contact: Hilary Sturdevant at hsturdevant@cpia.ca or 905-678-7748 ext. 225)
November 29: Seminar on Scientific Research and Experimental Development (SR & ED), at the Ciaciaro Club, Windsor, Ont. (Contact: Ed Bernard at 519-567-2459 or ed@bernardmould.com)
November 29: First Quebec Forum on Lean Plastics & Composites. At Hôtel des Seigneurs, St-Hyacinthe, Que. Organised by Quebec region, CPIA. (Contact: Maryse Lavigne at 450-641-5923 or mlavigne@acipquebec.ca)
December 5-8: Euromold is the world's largest mould, tool and die event, held at the Exhibition Centre, Frankfurt, Germany. (www.euromold.com).
December 7: Annual Christmas Dance of SPE Ontario. At the Delta Meadowvale Hotel, Mississauga, Ont. (Contact: Penny Perdis at 905-820-5938 or pennyperdis@sympatico.ca)
2008
February 12: Plastic Film Manufacturers Association of Canada's Triple M Technical Conference, with table top exhibits. February 12, 2008 in Toronto under your Coming Events (Contact: Marilyne Berman at 905-678-7748 or mberman@cpia.ca).
April 6-9: The International Card Manufacturers Association (ICMA) Annual Expo will be held at the Loews Royal Pacific Resort in Orlando, Fla. (Contact: Stacy Flint at 609-799-4900, ext. 62, or SFlint@icma.com).
April 8-11: Plastimagen 2008, Mexico 's premier plastics show, at Centro Banamex, Mexico City (Contact: Guadalupe Olvera Arellano at 52-55-1087-1650 or golvera@ejkrause.com)
September 30 - October 2: Interplas 2008, Britain 's national plastics show, at the Birmingham NEC, UK. (Contact: Graham Earl at 020 8910 7890 or graham.earl@reedexpo.co.uk).
October 20-21: Expoplast 2008, Quebec 's triennial plastics show, at the Palais de Congres in Montreal. (Contact: Tom Sockett at 905-678-7748 or tsockett@cpia.ca)
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Coming
Soon From Plastics In Canada Magazine -
February issue
Automotive exterior components
Mould steels- what's new
Extrusion report on sheet and profile production
Injection moulding – Developments in controls
Spotlight on Chillers
Raw materials report
Processor profile
Closing: January 16, 2008
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