LANXESS, NOVA extend agreement on crude C4 supplies in N America

31 October 2013 15:57  [Source: ICIS news]

HOUSTON (ICIS)--NOVA Chemicals and LANXESS have extended an agreement in which NOVA provides crude C4 for LANXESS’s North American production, LANXESS announced on Thursday.

Details on financial and product quantity terms were not disclosed.

NOVA’s Canadian facilities in Joffre, Alberta, and Corunna, Ontario, will supply the crude C4 to LANXESS’s extraction unit in Sarnia, Ontario, LANXESS said.

“We are strengthening our relationship with NOVA, an established industry player,” said Holger Hueppeler, LANXESS’s head of Global Procurement and Logistics.

“This contract is adding to the security of supply we are providing to our customers out of our North American asset base,” said Joachim Grub, LANXESS’s head of Business Unit Performance Butadiene Rubbers.

By: Jeremy Pafford
+1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index