History
NOVA Chemicals Launches 2030 ESG Targets
NOVA launches Our Roadmap to Sustainability Leadership, detailing a strong plan forward for the company to become the North American leader in sustainable polyethylene production, building on commitments to developing innovative solutions for customers while enabling the circular economy and being a responsible steward of the environment.
NOVA Chemicals Reaches Mechanical Completion of Growth Projects in Ontario
NOVA completes the construction phase of its second Advanced SCLAIRTECH™ technology facility and the third phase of the Corunna Cracker Expansion Project. The world-scale AST2 facility, located in St. Clair Township, Ontario will have a production capacity of approximately one billion pounds of polyethylene per year.
NOVA Chemicals launches 100% Post-Consumer Mechanically Recycled Polyethylene Resin
EX-PCR-NC4 contains 100 percent post-consumer recycled polyethylene (rPE) allowing converters and brand owners to meet their sustainability goals, without compromising package performance.
NOVA Chemicals introduces railcar quantities of rPE
NOVA expands its rPE business to provide recycled LLDPE in railcar quantities.
Enterprise Acquires Ethylene Storage Business from NOVA Chemicals
A subsidiary of Enterprise acquires a wholly owned subsidiary of NOVA Chemicals which operates an ethylene storage business and trading hub in Mont Belvieu, TX.
NOVA Chemicals sells its expandable styrenics business to Alpak
The sale enables NOVA to focus on its olefin and polyethylene business, including additional investments to advance a circular economy for plastic.
Borealis to Acquire NOVA Chemicals Ownership Interest in Novealis
Borealis AG and NOVA Chemicals Corporation announced they have reached an agreement for Borealis to buy NOVA Chemicals’ 50% ownership interest in Novealis Holdings LLC.
NOVA Chemicals Joins Global Alliance
NOVA Chemicals Joins Global Alliance to End Plastic Waste (AEPW) as a Founding Member.
Investing in Bayport, Texas
Announced the final investment decision to build a 625,000-ton-per-year polyethylene unit at production site in Bayport, Texas as part of the Baystar joint venture.
Project STOP
Announced $2 million USD investment in Project STOP — taking action to prevent plastic debris from reaching the ocean
Joint Venture
NOVA Chemicals entered into the Baystar joint venture, with affiliates of Borealis and Total, to further extend its presence in the U. S. Gulf Coast.
Growth Projects
Announced two significant growth projects for its Ontario operations: The expansion of NOVA Chemicals’ Corunna cracker and building a second Advanced SCLAIRTECH™ technology facility (“AST2”).
Acquisition in Geismar, Louisiana
NOVA Chemicals completed the acquisition of its 88.46% interest in the Geismar, Louisiana, olefins plant, marking the companies move into the U.S. Gulf Coast.
Low Density Polyethylene
NOVA Chemicals announces the start-up of the first new linear low density polyethylene gas phase reactor in the Americas in over a decade, at its Joffre, Alberta site.
Mubadala
The government of the Emirate of Abu Dhabi transferred its ownership stake in IPIC to Mubadala, which became NOVA Chemicals’ parent company.
Centre for Performance Applications Opens
Centre for Performance Applications opens in Calgary, Alberta, dedicated to customer collaboration to support the development of higher-value products and applications.
Marcellus Shale
NOVA Chemicals announces first petrochemicals utilization of Marcellus Shale ethane at its Ontario cracker
Breaking Ground
Groundbreaking held for the construction of a new linear low-density polyethylene facility in Joffre, Alberta.
Growth Strategy Announced
NOVA Chemicals announces NOVA 2020 growth strategy to add value to emerging cost-competitive feedstocks and growing North America demand.
International Petroleum Investment Company
International Petroleum Investment Company (“IPIC”), which was wholly owned by the government of the Emirate of Abu Dhabi, completed the acquisition of NOVA Chemicals.
First Polyethylene Plant
Commenced operation of the first polyethylene plant (“AST1”) in Joffre, Alberta, utilizing the company’s proprietary Advanced SCLAIRTECH™ technology.
Commence Operation
NOVA Chemicals and Carbide Canada Inc. (now Dow Chemical Canada ULC) commence operation of a jointly owned third ethylene plant (“E3”) in Joffre, Alberta
Name Change
Name is officially changed to NOVA Chemicals Corporation (Previously NOVA Corporation)
Split from NOVA Corporation
NOVA Chemicals splits from parent company NOVA Corporation to become a stand-alone commodity chemical company.
