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Nova Chemicals Corp

Company Summary

Description

NOVA Chemicals is a leading producer of plastics and chemicals that make everyday life safer, healthier and easier. Our employees develop and manufacture materials for customers worldwide who produce consumer, industrial and packaging products. NOVA Chemicals works with a commitment to Responsible Care® to ensure effective health, safety, security and environmental stewardship.

Website

http://www.novachem.com/Pages/company/about-us.asp...

Related Entities

Firm Transport Commitments

Project: Utopia Pipeline Project
Firm Commitment: 50 M Bbls/d

Recent news

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Company Transactions

Date: 7/6/2017
Type: Acquisition

BUYERS:
  • Nova Chemicals Corp
    • SELLERS:
  • Williams Olefins, LLC
  • Williams Partners L.P.
    • ASSETS:
  • Geismar Olefins Facility
    • DETAILS:

    COST: 2.1 $B

    NOTES:
    Williams Partners closed the deal with NOVA Chemicals under which Williams sold 100% stake in Williams Olefins, LLC for $2.1 billion. Williams Olefins owns an 88.46% interest in the Geismar Olefins Plant in Louisiana and its associated infrastructure.
    REGIONS:
  • Gulf Coast