Upping the stakes

Chang, Joseph
September 2006
ICIS Chemical Business;9/18/2006, Vol. 1 Issue 35, p32
Trade Publication
The article reports that Nova Chemicals is positive about the future of its business, planning further ventures to stay up to speed. Even as one of the few publicly traded pure-play commodity chemical companies, Nova Chemicals is further narrowing its focus, casting its lot with the North American olefins and polyolefins industry. The company plans to build on its Alberta, Canada asset base as well as look for other opportunities around the world.


Related Articles

  • Nova and BP To Merge European Polystyrene Units. Hoffman, John // Chemical Market Reporter;11/22/2004, Vol. 266 Issue 18, p1 

    Reports on the plan of Nova Chemicals Corp. and BP Chemicals Ltd. to merge their styrenic polymers businesses into a joint venture in Europe. List of both companies' plants located throughout the continent; Statement of Nova CEO Jeffrey Lipton regarding the plan; Key benefits of the proposed...

  • Nova/Loyal Ningbo Plant Puts on Stream.  // China Chemical Reporter;9/6/2006, Vol. 17 Issue 25, p11 

    The article reports on the industrial operations of ARCEL molding foam resin plant, which is jointly funded by Nova Chemicals Corp. and Loyal Chemical Industrial Corp. The plant, which has recently started operation, is a copolymer of 70% polystyrene (PS) and 30% polyethylene (PE). Nova Chemical...

  • Upping the stakes. Chang, Joseph // ICIS Chemical Business Americas;9/18/2006, Vol. 270 Issue 10, p30 

    The article reports on the efforts by Nova Chemicals to boost its performance in the North American petrochemicals industry. The company decided to focus on the olefins and polyolefins industry in the region and plans to build on its asset base in Alberta as well as look for other opportunities...

  • Nova creates separate unit for styrenics. Esposito, Frank // Plastics News;7/3/2006, Vol. 18 Issue 18, p23 

    The article focuses on the business plans of Nova Chemicals Inc. (Nova). On June 26, 2006, Nova announced that it will split off its North American solid polystyrene and styrene monomer assets, as well as its stake in a European styrenics joint venture with Ineos Inc., into a separate unit known...

  • Phoenix Rising (Again). Wood, Andrew // Chemical Week;8/23/2006, Vol. 168 Issue 28, p3 

    The article reports on a possible joint venture between Mexican petrochemical firms Grupo Idesa, Pemex Petroquimica and Nova Chemicals. The proposal is a scaled-down version of the so-called Phoenix project under which Idesa, Nova and others had planned a brand-new, world-scale petrochemical...

  • Nova Forms EPS JV in Mexico. Sim, Peck Hwee // Chemical Week;7/20/2005, Vol. 167 Issue 24, p15 

    Reports on an agreement reached by Nova Chemicals to form a joint venture with Grupo Idesa to produce and sell expandable polystyrene (EPS) in Mexico in 2005. Terms of the deal; Capacity of the EPS plant.

  • News briefs.  // Chemical Week;2/23/2000, Vol. 162 Issue 8, p5 

    Covers news briefs on the chemical industry as of February 23, 2000. Information on a debottlenecking project BP Amoco Chemicals at its Cooper River, South Carolina plant; Description of CapSpan, the result of DuPont and Internet Capital Group joint venture; Plans of Nova Chemicals to buy back...

  • NOVA seeks Styrenix joint venture, not a sale. Zwirn, Ed; Chang, Joseph // ICIS Chemical Business Americas;2/5/2007, Vol. 271 Issue 5, p61 

    The article reports that Nova Chemicals will likely go into a joint venture arrangement, rather than sell its troubled Styrenix unit, according to its chief executive officer Jeff Lipton. Nova announced an underlying loss of $9 million on sales of $1.64 billion. These exclude a $772 million...

  • Nova and Borealis to form wire & cable PE venture.  // Plastics Technology;Nov96, Vol. 42 Issue 11, p63 

    Announces that Denmark-based Borealis A/S and Nova Chemicals Limited of Calgary, Alberta, have announced plans of establishing a joint venture in creating polyethylene for wire and cable. Advantages and objectives of the 50/50 joint ventures; What the joint venture plan entail.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics