NOVA Chemicals Commercializes Several New PE Resins

New Products Showcase Customer-Centric Innovation

Calgary, Alberta (November 24, 2014). NOVA Chemicals Corp. (“NOVA Chemicals”) today announced the recent commercialization of three new resins, reflecting the innovation capabilities of the Centres for Applied Research and Performance Applications in Calgary. The resins are the result of customer-centric research and development, supported by investments in equipment and other facility improvements that enhance the company’s ability to deliver greater value to its customers.

SURPASS® CCs757-A high density polyethylene (“HDPE”) resin, developed for still and sparkling bottled water applications, features an exceptional combination of physical performance, processing, and organoleptic properties. The physical properties provide outstanding stiffness, enable lightweighting, and support ultrafast cycle time requirements in injection and compression molding.

SCLAIR® 2610CC HDPE resin was designed for dairy and other non-carbonated beverage closures. It includes excellent environmental stress crack resistance (“ESCR”) properties, warpage resistance, and product performance reliability. In addition, the resin has proven to have excellent processability that can shorten molding cycle times.

SURPASSRMs245-U resin is the company’s newest rotational molding product, with next generation performance for large rotomolded tank applications. Featuring superior melt strength, stiffness, and industry-leading ESCR, the HDPE resin incorporates a suite of performance properties to produce tanks of up to 20,000 gallons as well as smaller tanks and other rotomolded parts.

“From exceptional processability to step-out performance attributes, each commercialized resin is developed to meet customer requirements,” said Carrie Richards, marketing director, NOVA Chemicals Polyethylene Business. “Continuously developing new resins is critical to meeting our customers’ evolving needs and enabling their success.”

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About NOVA Chemicals

NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life safer, healthier and easier. Our employees 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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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 is driven by our brand promises of Focused Expertise, Applied Innovation, Proactive Service, and Reliable Supply.

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