News Release

New Polyethylene Reactor Fully Operational, Selling Prime Material

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PE1 Expansion 

Calgary, Alberta, Canada (January 17, 2017) – NOVA Chemicals Corporation (“NOVA Chemicals”), a leading supplier of polyethylene in the Americas, has announced the start up of its new world-scale linear low density polyethylene (LLDPE) gas phase reactor at its Joffre, Alberta site. The new reactor started up in December 2016, and the company is now shipping butene LLDPE produced on the asset to its customers.

This is the first new LLDPE reactor in the Americas in over a decade. The new capacity allows NOVA Chemicals to meet the growing demand for flexible films used in food packaging, heavy-duty sack and can liners.

“The new supply of LLDPE from our PE1 Expansion Project will enhance NOVA Chemicals’ position as a leading polyethylene supplier in the Americas, helping our customers grow and succeed in their businesses,” said Senior Vice President, Polyethylene Business Chris Bezaire.

The addition of this reactor increases NOVA Chemicals’ LLDPE production capacity by close to one billion pounds, giving the company total polyethylene production capacity of approximately 5 billion pounds. NOVA Chemicals’ butene LLDPE is already known in the industry for a range of benefits including excellent balance of physical properties, product uniformity and consistency, and best-in-class gel performance.

About NOVA Chemicals
NOVA Chemicals develops and manufactures chemicals and plastic resins 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.

About NOVA Chemicals Polyethylene Business
The NOVA Chemicals polyethylene business enables its customers’ success with a portfolio of more than 125 specialized SURPASS®, SCLAIR® and NOVAPOL® resins. Each new NOVA Chemicals resin is developed to meet customer requirements, from drop-in consistency to step-out performance attributes. Our customer-centric approach drives our business: customer success is our success.

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Media inquiries, please contact:
Mark Horner
NOVA Chemicals
E-mail: mark.horner@novachem.com

The NOVA Chemicals logo and NOVAPOL are registered trademarks of NOVA Brands Ltd.; authorized use.
SCLAIR and SURPASS are registered trademarks of NOVA Chemicals Corporation in Canada and of NOVA Chemicals (International) S.A. elsewhere; authorized use.
Responsible Care is a registered trademark of the Chemistry Industry Association of Canada.

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Date

1/17/2017

Category

Corporate

Active

Yes

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Created at 1/17/2017 7:16 AM by Greg Smith (V)
Last modified at 1/17/2017 9:31 AM by Greg Smith (V)