NOVA Chemicals Announces Musabbeh Al Kaabi as New Board Member and Vice Chairman

Calgary, Alberta (April 18, 2017) – NOVA Chemicals Corporation (NOVA Chemicals) today announced the appointment of Musabbeh Al Kaabi to its Board of Directors and the position of Vice Chairman of the Board of Directors. Mr. Al Kaabi was recently appointed as chief executive officer of the Petroleum & Petrochemicals platform of Mubadala Investment Company. 

“NOVA Chemicals will continue to be a key asset in our portfolio following the merger of IPIC and Mubadala Development Company. The ongoing growth of NOVA Chemicals’ business in North America is very much aligned with our vision to expand our investments in the international energy and petrochemicals sectors,” Mr. Al Kaabi said. “I am very much looking forward to working with NOVA Chemicals’ Board, leadership and employees in delivering further success for the Company.”

Mr. Al Kaabi succeeds Khalifa Al Romaithi who has resigned from the Board of Directors following his appointment as head of Midstream within Mubadala’s Petroleum & Petrochemicals platform.

About NOVA Chemicals Corporation

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 International Petroleum Investment Company (IPIC) of the Emirate of Abu Dhabi, United Arab Emirates. 

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