Get Rich Off Plastics

Bahree, Megha
December 2006
Forbes Asia;12/11/2006, Vol. 2 Issue 21, p76
The article focuses on the growing industrial demand for bulk chemicals. Global ethylene demand has increased by an annual average of 5% since 2003 and is expected to grow at an annual rate of 5% to 6% for the rest of the decade. Ethylene and polyethylene producer Nova Chemicals has earned $148 million on revenue of $5 billion in the first nine months of 2006. Demand for chlorine and lye is predicted to grow 2% to 3% annually for the rest of the decade.


Related Articles

  • Tension holds up Iran ethylene. Lerner, Ivan // ICIS Chemical Business Americas;4/2/2007, Vol. 271 Issue 13, p17 

    The article reports on the expected ethylene capacity from Iran that should have entered the market. The entrance of Iran ethylene capacity in the market is halted by the political turmoil in the region, according to senior vice president of NOVA Chemicals, Grant Thomson. The capture of 15...

  • Nova idles styrene plant. FORD, BRIAN; CROW, PATRICK // Chemical Market Reporter;5/8/2006, Vol. 269 Issue 18, p5 

    The article reports that Nova Chemicals will stop the operation at its styrene monomer plant in Bayport, Texas. The company's decision was due to the ethylene force majeure declared by Huntsman and the limited ethylene availability on the U.S. Gulf Coast. According to the company, it will be...

  • Weak Links. Cottrill, Ken // Traffic World;5/6/2002, Vol. 266 Issue 18, p17 

    Features Nova Chemicals, manufacturer of plastics in the U.S. Assertion on supply-chain strategy; Focus on commodity chemical business; Investment on high returns.

  • Nova Projects Strong Growth for PS in 2002.  // Chemical Market Reporter;5/6/2002, Vol. 261 Issue 18, p4 

    Reports on the projection of Nova Chemicals Corp. for its styrenics business, particularly for its specialty products NAS and Zylar, in 2002. Items that present special opportunities for NAS and Zylar; Polystyrene products introduced by Nova; Number of employees of the company in research and...

  • Nova Waves the Commodity Flag. Westervelt, Robert // Chemical Week;1/19/2000, Vol. 162 Issue 3, p46 

    Features the Nova Chemicals, the commodity chemical maker. Amount allotted by the company on a linear-low density polyethylene unit at Joffer, Alberta outfitted with its Advanced Sclairtech technology; Plan of the company to acquire Shell's European styrenics operation; Net income of the company...

  • Nova Chemicals claims a first in using Marcellus Shale ethane.  // Popular Plastics & Packaging;Jan2014, Vol. 59 Issue 1, p76 

    The article reports that NOVA Chemicals Corp. will be using ethane from the Marcellus Shale Basin to convert ethylene and has introduced the first molecules drom Marcellus in December 2013.

  • Insight Into Competitive Arena.  // Canada Petrochemicals Report;2009, p33 

    The article presents information on various petrochemical companies in Canada. It is stated that Nova Chemicals Corp. is a dominant player in the petrochemical sector in Canada, with manufacturing plants in Alberta, Ontario and Quebec. An ethylene cracker plant is operated by Imperial Oil Ltd....

  • Competitive Landscape.  // Canada Petrochemicals Report;2011, p36 

    The article provides information on several Canadian petrochemical companies including Dow Chemical Co., NOVA Chemicals Corp. and Exxon Mobil Corp. As stated, Canadian company Nova Chemicals has been listed number one in ethylene and polyethylene (PE) production and is the leading petrochemicals...

  • Market Overview.  // Canada Petrochemicals Report;2012, p15 

    The article presents an overview of the market condition of petrochemicals industry Canada. It notes that the industry has been significant in the manufacturing sector, particularly in Alberta. It adds that Nova Chemicals Corp. has dominated the production of ethylene, the primary petrochemical...


Read the Article


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

Try another library?
Sign out of this library

Other Topics