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NOVA Chemicals Returns to the LDPE Market



2013-01-17 19:29:54 -

Calgary, Alberta (January 17, 2013) - NOVA Chemicals Corporation (NOVA Chemicals) today announced its Moore, Ontario low-density polyethylene ("LDPE") facility has returned to commercial operation at its full capacity.

"We are pleased to have our LDPE facility fully restored allowing us to return to the LDPE market. During the period between the incident in late 2011 and now, we committed

resources and capital to not only rebuild the reactor, but also enhance our ability to operate more safely and reliably, with a streamlined product slate to better serve our customers," stated Chris Bezaire, senior vice president, polyethylene business.

Growth in the LDPE market is part of NOVA 2020, NOVA Chemicals' long-term asset strategy to capitalize on emerging feedstock opportunities and growing North American demand. Restoring the Moore facility is the first step in NOVA Chemicals' plan to strengthen its commitment to the LDPE market to better meet the needs of customers.

The Moore, Ontario facility produces both high-density and low-density polyethylene resins that are used in consumer goods such as; shrink wrap, food packaging, drums, heavy-duty sacks, protective packaging, gas containers and caps and closures.



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(r). 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.

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Media inquiries, please contact:
NOVA Chemicals
Pace Markowitz
Director, Communications
412.490.4952
markowp@novachem.com

Responsible Care(r) is a registered trademark of the Chemistry Industry Association of Canada (CIAC) in Canada and is a registered service mark of the American Chemistry Council (ACC) in the United States.

To view this press release please click on the following link:
www.usetdas.com/pr/novachemicalsjan162013.htm

Author:
Fred Gautreau
e-mail
Web: http://www.fscwire.com
Telefon: 14037173898




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