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Sabert buys Kalman to expand in bakery packaging

Food packaging thermoformer Sabert Corp. said Feb. 8 it plans to acquire North Carolina's Kalman Packaging Inc., in a bid to get into the market for cupcakes and other bakery packaging.

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Modern Mold gets new owner, retains management, employees

Modern Mold & Tool Inc. is under new ownership, but retains the same management team and its employees.

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Harmony commercializes advanced elastomers

Harmony Elastomers has commercialized a range of advanced elastomers for polymer and rubber markets.

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Milacron's new Czech plant delivering blow molders

Milacron Holdings Corp.'s new blow molding machinery facility in Polička, Czech Republic, is ramping up delivery of the systems to European and other markets.

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Report: Hasbro, Mattel consider merger

News of Hasbro Inc.'s strong financial results in 2015 is being overshadowed by speculation the toymaker has been discussing a merger with the top dog, Mattel Inc.

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Omnova sells Indian rubber manufacturing business

Beachwood, Ohio-based Omnova Solutions said it has sold its Indian rubber manufacturing business to India-based Apcotex Industries Ltd. for $5 million in cash.

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M. Holland acquisitions add to growth in Latin America

Materials firm M. Holland Co. has continued its buying run by purchasing a pair of resin distribution firms in Puerto Rico.

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PE sales rise in 2015

Export markets helped boost polyethylene sales in the U.S. and Canada during 2015.

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Entek's Effmann sets his retirement date

John Effmann, a longtime plastics machinery veteran and activist at the Society of the Plastics Industry Inc., is retiring from Entek Manufacturing Inc., effective March 31.

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Global oversupply of PET to continue pressure on recycled PET

PET recyclers will feel pressure for the foreseeable future because of continued low prices of virgin resin, one plastics industry analyst believes.

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Contact Kelley Trost at ktrost@crain.com or Hollee Keller at hkeller@crain.com

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