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Canada and Mexico remained the top export markets for U.S. equipment suppliers in the third quarter, according to the Plastics Industry Association's committee on equipment statistics.
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The investment adds eight new state-of-the-art laboratories with equipment for developing new proprietary technologies to support innovations in catalysis, recycling, and 3D printing.
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Founded in 2008, Fiix’s cloud-native CMMS creates workflows for the scheduling, organizing, and tracking of equipment maintenance.
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As part of this increase, the chemical industry rose 6.7 per cent to $4.5 billion, the agency said.
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Aurora, Ont.-based Axiom, along with partners MS Falcon Tooling, Kytech Machine Works, and Bulldog Polymers, is developing a technology to eliminate visual transitions between different plastic materials, typically hard and soft plastic.
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First announced in August 2020, the deal sees medical parts maker GW Plastics’ seven global manufacturing facilities joining Nolato’s 25-plus facilities around the world.
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More investment in the chemical recycling process could see the global plastic packaging recycling rate hit 50 per cent by 2040, market analyst Wood Mackenzie says.
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Strong and tough yet as light as a feather, the fibres are said to be ideally suited for technical components that are exposed to high loads.
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