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Company Intelligence: Nova Chemicals

Nova Chemicals | Company Information from ICIS

 

Nova Chemicals is a focused commodity chemical company, producing ethylene/polyethylene and expandable polystyrene in the US and Canada.

 

Nova Chemicals is divided into two business units: Olefins/Polyolefins and Performance Styrenics.

 

In May 2012, Nova Chemicals stated that it intends to sell its Performance Styrenics business to PFB. The deal is expected to close in the second half of 2012. After closing, Nova will acquire an equity stake in PFB.

 

On 6 July 2009, International Petroleum Investment Company (IPIC) completed the acquisition of Nova Chemicals.

 

‘NOVA 2020’ is NOVA Chemicals long-term asset strategy to capitalise on emerging feedstock opportunities and growing North American demand.

 

Nova Chemicals with headquarters in Calgary, Alberta, Canada, had revenues of $5.2bn in 2011.

 

Download the The ICIS Top 100 Chemical Companies listing here

 

Key Personnel

 

Board of directors

 

Chairman (Nova Chemicals) & Managing Director International Petroleum Investment Company (IPIC): Khadem Al Qubaisi
Chief executive officer: Randy Woelfel
Board member: Mohamed Al Mehairi
Board member: Mohamed Al-Husseiny
Board member: Mark Garrett
Board member: Stephen Soules
Board member: Georg Thoma
Board member: Stephen Soules

 

Contacts

 

Nova Chemicals Corporation
1000 Seventh Avenue SW
PO Box 2518
Calgary, Alberta
Canada T2P 5C6

Nova Chemicals Company Structure

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.
More about Nova Chemicals Structure

Nova Chemicals Strategy & Financial Highlights

‘NOVA 2020’ is NOVA Chemicals long-term asset strategy to capitalise on emerging feedstock opportunities and growing North American demand. ICIS also provides you with key financial data listed in table form. More about Nova Chemicals Strategy & Financial Highlights

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