Edited from ‘Nova Chemicals 20F’, company website.
‘NOVA 2020’ is NOVA Chemicals long-term asset strategy to capitalise on emerging feedstock opportunities and growing North American demand.
Its key focus will be to take advantage of emerging feedstock supply from a portfolio of new feedstock sources to enhance its market position by expanding its ethylene and polyethylene footprint, including,
The conversion of the Corunna cracker is expected to cost approximately $250m and be completed prior to the other projects in early 2014.
The remaining projects in the ‘NOVA 2020’ plan are forecasted to cost more than $1.5bn over the next seven years.
Please also see AFPM ’12: Canada’s NOVA studies building two PE plants
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Nova Chemicals is a focused commodity chemical company, producing styrenics and olefins/polyolefins. Nova Chemicals' roots stem back to the 1950's when it began life as The Alberta Gas Trunk Line Company. In July 1998, Nova Chemicals was launched as an independent company.
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