Inteplast expands in corrugated sheet with Coroplast deal

By Michael Lauzon
Correspondent

Published: August 21, 2014 5:28 pm ET
Updated: August 21, 2014 6:02 pm ET

Related to this story

Topics Mergers & Acquisitions, Film & Sheet, Extrusion, Signage & displays

Packaging major Inteplast Group has acquired its main competitor in corrugated plastic sheet, Coroplast Inc. Inteplast did not disclose terms of the Aug. 15 deal.

Inteplast gets corrugated sheet plants in Vanceburg, Ky., and Granby, Quebec, as well as Coroplast’s headquarters in Chicago.

Inteplast said the purchase makes it the leader in manufacturing and distribution of corrugated plastics in North America. The deal combines Inteplast’s IntePro and subsidiary Matra Plast of Canada’s Hi-Core products with Coroplast corrugated sheet to yield the broadest product line in the industry, Inteplast claimed in a news release.

Coroplast makes a broad line of corrugated plastic sheet and related laminates for graphics, reusable packaging, agriculture, automotive and construction. It was owned by Vancouver, British Columbia-based conglomerate Jim Pattison Group, which bought it in 1990.

“Coroplast brings geographic diversity and increased capabilities to our group,” noted Inteplast Group President John Young in a news release. “The management team of Coroplast will continue unchanged and Coroplast’s customers can expect a seamless transition in service and quality, for which Coroplast has been well known in the industry.”

Inteplast said it will operate its new subsidiary as Coroplast LLC. Inteplast is based in Livingston, N.J.


Comments

Inteplast expands in corrugated sheet with Coroplast deal

By Michael Lauzon
Correspondent

Published: August 21, 2014 5:28 pm ET
Updated: August 21, 2014 6:02 pm ET

Post Your Comments


Back to story


More stories

Image

Bayer spinning off plastics business

September 18, 2014 8:49 am ET

Bayer AG will spin off its MaterialScience plastics group into a separate, publicly-traded company within the next 12 to 18 months.    More

Image

Lawmakers target plastic bags, bottles

September 18, 2014 2:19 pm ET

California is poised to ban single-use plastic bags. At this point Gov. Jerry Brown could still veto the bill, but that seems extremely unlikely.    More

Image

Kydex, Allen Extruders joined under Sekisui SPI name

September 17, 2014 4:12 pm ET

Sekisui Chemical Co. Ltd. is combining plastic sheet makers Kydex LLC and Allen Extruders LLC under one roof as Sekisui SPI.    More

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Image

DuPont investing $100 million for more ethylene copolymer capacity

September 16, 2014 1:51 pm ET

Increased packaging demand is leading materials giant DuPont Co. to spend more than $100 million to increase capacity for ethylene copolymers at its p...    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events