NOVAshuts down Sterling

Lerner, Ivan
October 2007
ICIS Chemical Business;10/1/2007, Vol. 272 Issue 12, p15
Trade Publication
The article offers information on the decision of NOVA Chemicals' Inc. to shutdown the production of Sterling Chemicals' styrene monomer (SM). According to NOVA's president and chief executive officer, Jeffrey Lipton, NOVA purchased styrene production of Sterling to eventually shut it down in order to improve industry operating rates and margins. It is mentioned that Sterling's absence in Texas City, Texas, will increase North American SM operating rates from 82% to 91%.


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