In this week's issue of ICIS Chemical Business:
September 24-October 7, 2012

Cover story

ICIS Top 100 Companies: NOVA Chemicals is the ICIS Company of the Year

The ICIS Company of the Year for 2012 is Canada-based NOVA Chemicals, a firm that, rescued from near bankruptcy in 2009, has been restored as a growing and profitable olefins and polymers producer.

 NOVA Chemicals

Nova's Corunna, Canada plant

NOVA's sales in 2011 grew by 14.5%, but those gains were turned into operating profits growth of 69% and the company's net profit more than doubled. Profit margins to sales and assets improved markedly while debt was paid down.



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ICIS Chemical Business - ICIS Chemical Business From Our Own Correspondent
This blog records content for the From Our Own Correspondent column of ICIS Chemical Business ahead of publication. It is a series of works in progress. To read the definitive version of the column subscribe to ICIS Chemical Business on paper and on line

Insight

INSIGHT: Crude fall moves olefins margins, hits ethane advantage
"Prices tend to fall faster than they can be recovered so this is a difficult and uncertain time." more

VIDEO: ICIS special report - impact of lower crude oil prices

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