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There are no plans to sell, close or significantly reduce its business activities as part of the transaction, Covestro officials said.
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The plant, in Saratoga Springs, N.Y., will make the company's CustomFlo pipes for the Canadian and U.S. markets.
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The material supplier has begun removing benzene stored at the Sarnia facility as part of a previously announced decision to shutter the site.
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The closure was announced on Sept. 11 and the first round of layoffs took place two days later, Unifor officials said.
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The deal aims to strengthen Techmer PM’s position as a supplier of colourants and additives for the plastics industry.
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The firm has opened a new sales and service operation in the U.K.
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Injection molders who implement these solutions often report not only a reduction in downtime, but also increased production levels, improved cost savings, and decreased safety risks. Download the brochure to learn more or complete our easy SMED analysis to get started improving your mold change process.
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Without established guidelines for allocating recycled materials to products, the industry faces uncertainties that could impede investment and growth.
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Claims about recyclability have confused consumers, but forthcoming guidelines from the U.S. Federal Trade Commission may address this problem.
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October 16, 2024 | 8333 King Saud Road
Al Wazarat District, Riyadh, SA 11464
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October 23, 2024 | 377 Riverside Dr. E
Windsor, ON N9A 7H7 Canada
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November 13 - November 14, 2024
1001 Place Jean-Paul-Riopelle Montréal, QC H2Z 1H5, Canada
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November 13 - November 14, 2024
300 Lakeside Ave E, Cleveland, OH 44113, United States
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