Nova puts eggs in European basket

Baker, Johh
March 2007
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p5
Trade Publication
The article reports that Canada's NOVA Chemicals is to bundle its North American styrenics business into the European styrenics joint venture it has with INEOS, called NOVA Innovene. NOVA has been seeking a partner or buyer for the North American business for some time. Under the terms of a proposed agreement, the newly expanded 50:50 joint venture will include NOVA Chemicals' Styrenix unit and other styrenic polymer assets.


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