Waddington set to buy Canadian thermoformer Par-Pak
May 16, 2013 2:08 pm ET
BRAMPTON, ONTARIO -- Canada-based thermoformed packaging company Par-Pak Ltd. is slated to be bought by Waddington North America Inc., a major plastic tableware producer.
BRAMPTON, ONTARIO -- Canada-based thermoformed packaging company Par-Pak Ltd. is slated to be bought by Waddington North America Inc., a major plastic tableware producer.
MAYFIELD HEIGHTS, OHIO — Specialty chemicals and plastics maker Ferro Corp. has delayed its annual meeting from May 15 to May 22 to allow shareholders more time to consider a revised slate of candidates for the firm’s board of directors.
ORLANDO, FLA. — Davis-Standard LLC highlighted its aftermarket business at the ICE USA trade show, as well as its recent purchase of Circonix Technologies LLC.
CARY, N.C. — Plastic construction products maker Ply Gem Holdings Inc. announced on May 13 that it will launch an initial public stock offering on the New York Stock Exchange.
MAYFIELD HEIGHTS, OHIO — The proxy contest between Ferro Corp. and a group of dissident shareholders is over, with the parties agreeing to drop their swords in a battle over board seats at the maker of specialty chemicals.
MIDDLEBURY, CONN. — Fresh off becoming a new company, additives maker Addivant is adding new jobs and might be adding new production capacity as well.
TOKYO — Mitsubishi Chemical Corp. has acquired Comtrex LLC, a maker of PVC compounds and thermoplastic elastomers based in Warren, Mich.
BRISBANE, AUSTRALIA — An Australian polyethylene pipe and fittings manufacturer that went into voluntary administration after a slowdown in the mining services industry has been split up and sold to two Australian companies for a total of A$18 million (US$18.5 million).
LYNDHURST, ENGLAND — Chemicals giants Ineos Group and Solvay SA have announced their intention to enter into a 50-50 joint venture which, the companies said will create a PVC business with an annual sales of about 4.3 billion euros ($5.63 billion).
CHICAGO — Some of the workers who occupied Republic Windows & Doors Inc. on Goose Island five years ago have bought the business and this week are starting operations, union organizers said today.
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