Montreal’s IPL bought by private investment firm

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News

Private equity firm buying Montreal-based rigid packaging molder IPL Plastics

The deal between Madison Dearborn Partners and IPL is subject to approval from at least two-thirds of shareholders and IPL not securing a better offer from another company within 30 to 40 days. » Read More

Investment firm SK Capital buys specialty polymers business from Baker Hughes

The specialty polymers business of Houston-based Baker Hughes makes specialty low molecular weight olefin polymers, including a range of functional polymers and high melting point polyethylene waxes. » Read More

EU approves tax on nonrecycled plastic waste

The tax is set to take effect on Jan. 1, 2021. » Read More

News

Orders for big ticket manufactured goods in U.S. up 7.3% in June

The U.S. Commerce Department said that the June gain in durable goods orders follows an even bigger 15.1% increase in May. » Read more

Feds announce $3 million to support B.C. tech companies

The money for small- and mid-sized businesses is part of the $304-million Regional Relief and Recovery Fund for Western businesses. » Read more

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Special Reports

Mastercard launches new sustainable cards made from biodegradable, ocean-bound and recyclable plastics

The sustainable cards produced by Mastercard are available to consumers in more than a dozen countries, with over 60 financial institutions issuing cards made from approved materials. » Read More

MIT chemists make tough plastics recyclable

The scientists have developed a way to modify thermoset plastics with a chemical linker that makes them easier to break down while still allowing them to keep their mechanical strength. » Read More

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