NOVA Chemicals returns to the LDPE market

NOVA Chemicals returns to the LDPE market

ID: 220757

(Thomson Reuters ONE) -






NOVA Chemicals Corporation
1000 Seventh Avenue S.W.
Calgary, Alberta
Canada T2P 5C6
www.novachemicals.com
403.750.3600   tel
403.269.7410   fax



Press Release


NOVA Chemicals returns to the LDPE market

Calgary, Alberta (January 17, 2013) - NOVA Chemicals Corporation (NOVA
Chemicals) today announced its Moore, Ontario low-density polyethylene ("LDPE")
facility has returned to commercial operation at its full capacity.

"We are pleased to have our LDPE facility fully restored allowing us to return
to the LDPE market.  During the period between the incident in late 2011 and
now, we committed resources and capital to not only rebuild the reactor, but
also enhance our ability to operate more safely and reliably, with a streamlined
product slate to better serve our customers," stated Chris Bezaire, senior vice
president, polyethylene business.

Growth in the LDPE market is part of NOVA 2020, NOVA Chemicals' long-term asset
strategy to capitalize on emerging feedstock opportunities and growing North
American demand.  Restoring the Moore facility is the first step in NOVA
Chemicals' plan to strengthen its commitment to the LDPE market to better meet
the needs of customers.

The Moore, Ontario facility produces both high-density and low-density
polyethylene resins that are used in consumer goods such as; shrink wrap, food
packaging, drums, heavy-duty sacks, protective packaging, gas containers and
caps and closures.



About NOVA Chemicals
NOVA Chemicals develops and manufactures chemicals, plastic resins and end-
products that make everyday life safer, healthier and easier. Our employees work
to ensure health, safety, security and environmental stewardship through our
commitment to sustainability and Responsible Care(®). NOVA Chemicals,




headquartered in Calgary, Alberta, Canada, is a wholly owned subsidiary of the
International Petroleum Investment Company (IPIC) of the Emirate of Abu Dhabi,
United Arab Emirates.

Visit NOVA Chemicals on the Internet at www.novachemicals.com.


- 30 -
Media inquiries, please contact:
NOVA Chemicals
Pace Markowitz
Director, Communications
412.490.4952
markowp(at)novachem.com

Responsible Care(®) is a registered trademark of the Chemistry Industry
Association of Canada (CIAC) in Canada and is a registered service mark of the
American Chemistry Council (ACC) in the United States.
is a registered trademark of NOVA Brands Ltd.; authorized use/utilisation
autorisée.



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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: NOVA Chemicals Corporation via Thomson Reuters ONE
[HUG#1671264]




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Datum: 17.01.2013 - 19:16 Uhr
Sprache: Deutsch
News-ID 220757
Anzahl Zeichen: 3480

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