NEWS
Moulding expo dates moved
Compounding World publisher AMI and Crain, publisher of Plastics News, have rescheduled the newly-launched Injection Molding & Design Expo (IMDE), which was due to be held in March in Detroit in the US, to 25-26 May 2022. “Since launching the event, we have received widespread industry support for the format and location,” said Andy Beevers, Events Director at AMI. “However, a number of companies have asked us to consider moving it from March to later in the year, when the plastics industry events calendar is less crowded”. Close to 50% of the booths at the free-to-attend expo have been sold, with participants including Absolute Haitian, Accede, Ampacet, Cavalier, Chroma Color, Conair, DME, EAS, iMFLUX, Incoe, KraussMaffei, M Holland, Mastip, Milacron, PCS, Progressive Components, StackTeck, Star Plastics, and Wittmann-Battenfeld. The Injection Molding & Design Expo also features three
free-to-attend conference and training theatres. View the programme HERE. Register your ticket HERE. �
www.injectionmoldingexpo.com
NanoXplore buys Canada’s Canuck
Graphene producer NanoXplore has acquired Canuck Compounders in a deal worth around $9.3m, subject to post-closing adjustments. Both companies are located in Canada. Canuck compounds
engineered recycled plastic compounds for use in transportation, building and construction, agriculture and packaging at its facility at Cambridge in Ontario. It has a capacity of around 18,000 tonnes/yr and 40 employees. CEO and founder William Dickinson will continue in the role of General Manager. NanoXplore CEO Dr
www.compoundingworld.com
Soroush Nazarpour said the acquisition “is strategically aligned with our growth initiatives and significantly increases our graphene compounding capability, especially in recycled plastics, and will enable us to form strategic partnerships with end customers”. The combination will
also, Nazarpour said, enhance the firm’s technical expertise in recycled plastic compounds and increase its revenues by about $20m annually. He said he expects revenues of about $85m for the fiscal year ending 30 June 30 2022. �
www.nanoxplore.com �
www.canuckcompounders.com
info@lesunscrew.com
www.lesunscrew.com
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