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Building Plastics history
Building Plastics company history timeline
1965 - Kevlar® is first developed by DuPont
The polysulfone family of thermoplastics, introduced in 1965, were most visibly used on the gold-film visors of Apollo-era space suits.
1966 - Blow moulding of fuel tanks introduced
1966 - Development of vinyl wall coverings for better interior hygiene
Infuriated, De Zen decided to launch his own business, but not before returning to Europe for a year in 1969 to learn the latest developments in the making of dies for vinyl extrusion.
1970 - First Yellow HDPE pressure pipes for gas introduced into UK by Wavin/British Gas.
1970: Royal Plastics Group Limited is founded by Vic De Zen and two partners.
1973 - Polyethylene terephthalate beverage bottles introduced
1973: The company begins exporting to the United States.
Royal also was gaining attention south of the border in the United States, where companies were impressed with both the quality of the product and the price. It was also in 1973 that Royal paid CAD 500,000 to acquire De Zen's former company, Pillar, which had struggled after his departure.
1976 - Plastics in its great variety of forms becomes the most used type of material in the world
1977 - Polyaryletheretherketone (PEEK) was first prepared by ICI
1979 - Introduction of first commercial mobile/ portable ‘phones
1979 - First PVC-U double glazed windows installed in the UK
1980 - First production of linear low density polyethylene
1980 - First Blue HDPE pressure pipes for potable water introduced into UK.
1982 - First artificial heart made mainly of polyurethane, introduced implanted in a human.
1984: Tom Kaczperski opens the doors of Omega Plastics to start his pursuit of building quick-turn prototype molds that make production quality parts
1989 - First light-emitting polymers (poly-ethyne) discovered in Cambridge
1989: Built expanded into "plant 2"
1991 - Dyson’s vacuum cleaner launched in Japan
1991: The first plastic house is constructed.
According to a 1993 Forbes profile, "Royal would grow, then reap some profits; grow, then reap.
De Zen took Royal public in November 1994, keeping most of the voting stock for himself, more than 80 percent of voting shares as opposed to about 17 percent of equity.
1994 - Smart car with lightweight flexible integrally coloured polycarbonate panels introduced
In January 1995 the company launched a joint venture with Rubbermaid Incorporated, creating Royal Rubbermaid Structures Ltd. to make and market modular consumer storage sheds.
At the end of 1996 Royal bought out Rubbermaid's share of the business.
In 1997, in light of its increasing emphasis on technology, the company changed its name to Royal Group Technologies Limited.
1998 - Free standing Zanussi Oz fridge, with insulation and outer skins made in one process from polyurethane foam introduced
1998: Opened Omega UK in New Castle, England
According to a company press release, in 1998 a De Zen-owned company bought 185 acres of land for $20 million and immediately sold it to Royal for $27 million.
A year later it cracked CAD 1 billion in annual sales and approached CAD 1.3 billion in 1999.
2000 - First commercial metallocene catalysed polyolefins introduced.
2001 - iPod dreamed up by Tony Fadell, an independent inventor, developed by Apple Computers
2001: Sold Omega UK to joint venture partners
De Zen did not help improve shareholder relations by accepting a $5.6 million bonus for 2002, which led to a contentious annual meeting and a number of shareholders voicing their anger.
No doubt feeling the pressure, De Zen announced his retirement in November 2003, although he retained 80 percent of the voting rights.
2003 - A sustainable European PVC recycling system, Recovinyl, was established
In November 2004 De Zen as well as CEO Douglas Dunsmuir and CFO Ron Groegan were ousted.
2004 - First window manufactured from 100% post-consumer recycled PVC
2005 - Polycond project established to look at the potential of conductive polymers
De Zen and other shareholders entered into an agreement with Cerberus supporting the offer, making it likely that Royal was about to return to being a private company as it entered a new phase in its history, minus its charismatic founder. It remained a very valuable property, as demonstrated by the $1.05 billion bid for the company made by New York money manager Cerberus Capital Management LP in the spring of 2005.
2006: Omega starts investment plan to expand molding capacity and increase value-added services
2006: Began transition to electric presses
2006: Omega targets the medical industry as it primary growth market
2007: Started implementation decoupled molding
2010: Automated tool manufacturing cell introduced
2010: Medical industry becomes Omegas largest market
2011 - VinylPlus, a new industry sustainability programme established
2013: Omega wins "Community Involvement" award
2013: Expands machining capabilities to include 5-axis machining
2014: Expanded Quality Management System to become cGMP compliant
2014: Omega wins "Sales Diversity" award
2015: Expansion of tooling capabilities to include 5-axis hi-speed horizontal CNC machining
Join us in person May 23–25, 2022, at the Re|focus Sustainability & Recycling Summit in Cincinnati, OH!
The future (2022) - The 2022 FIFA World Cup Qatar Showcase Stadium has been designed to use super reflective, triangulated PVC fabric to create a zero carbon, sustainable stadium providing comfortable playing conditions
Rate how well Building Plastics lives up to its initial vision.
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Building Plastics competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| C.H. Briggs | 1967 | $27.0M | 350 | - |
| Peirce Phelps | 1926 | $101.9M | 189 | 3 |
| City Plumbing & Electric Supply Co. | 1954 | $92.1M | 80 | - |
| Triangle Fastener | 1977 | $211.0M | 200 | 64 |
| Aramsco | 1960 | $70.0M | 200 | 80 |
| Capco Tile and Stone | 1976 | $27.0M | 300 | - |
| Cancos Tile & Stone | - | $510,000 | 7 | - |
| Impact Specialties | - | $1.5M | 15 | - |
| Garden State Tile | 1957 | $700,000 | 7 | 1 |
| HPM Building Supply | 1921 | $31.0M | 350 | 28 |
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Building Plastics may also be known as or be related to BUILDING PLASTICS INC, Building Plastics and Building Plastics, Inc.