NOVA Chemicals Commercializes New High-Performance Film Resin
New Polyethylene Demonstrates Innovation Capabilities
Calgary, Alberta (January 28, 2015) – NOVA Chemicals today announced the commercialization of SURPASS® HPs667-AB polyethylene resin (“HPs667-AB resin”), reflecting the company’scommitmentto deliver greater value to its customers through the development of high-performance products. This new resin is a result of the customer-centric research and development work at the company’s Centre for Applied Research and Centre for Performance Applications in Calgary.
HPs667-AB resin, an extension of NOVA Chemicals’ HPs167-AB high barrier blown film resin, is a high-density polyethylene (HDPE) designed for cast film, extrusion coating, extrusion lamination and some barrier molding applications. Its innovative molecular architecture enables up to 50 percent moisture and oxygen barrier improvement over conventional technology. In addition, the resin features superior stiffness and can facilitate layer or lamination reductions. These physical properties enable converters and brand owners to improve the sustainability and shelf life of packaged goods in a wide range of applications, such as dry foods, snacks, liquid packaging and dairy. “HPs667-AB resin and its revolutionary predecessor, HPs167-AB resin, deliver performance unlike anything else in the polyethylene market to date,” said Carrie Richards, director of marketing, NOVA Chemicals Polyethylene Business. “The continued commercialization of innovative resins like this will enable our customers to tailor solutions and achieve a broad range of processing needs.”
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.
Media inquiries, please contact:
Jennifer Nanz – Director, Communications