09 August 2012 18:43 [Source: ICIS news]
HOUSTON (ICIS)--NOVA Chemicals is continuing to make progress in efforts to improve its feedstock slate at its ethylene cracker in Corunna, Ontario, the CEO of the Canada-based petrochemicals major said on Thursday.
In June, the company began to consume a small amount of ethane/propane mix sourced from the Conway, Kansas hub, said CEO Randy Woelfel during a second-quarter conference call. The Ontario site is now connected via pipeline to Conway, Kansas.
"We are starting to ramp up those volumes in July and into August, and that really represents the first of several steps that ... will see Corunna really fully light feed capable by 2014," Woelfel said.
The company is also on track to be the first consumer of ethane from the Marcellus shale play in July of 2013, he said.
Woelfel described the efforts as "game-changing enhancements to the long-term feedstock supply" which he said would allow the company's crackers to remain competitive in the long term.
Along with the cracker updates, the company is moving forward with plans for two new polyethylene (PE) plants, Woelfel said.
NOVA is in the final development stage of a new PE reactor at its Joffre, Alberta, site, he said, adding that the reactor will produce linear low density polyethylene (LLDPE). It is expected to be commissioned in 2015, Woelfel said.
The company is considering a second PE facility that would be located in the Sarnia region, he added.
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