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Canadas NOVA studies building two PE plants

April 05/2012

(nctww) -- Canadas NOVA Chemicals is studying the possibility of building two polyethylene (PE) plants and expanding ethylene capacity, a company executive said on Tuesday.

The studies are part of the companys NOVA 2020 growth strategy, said president of olefins and feedstock Grant Thompson on the sidelines of the International Petrochemical Conference (IPC) in San Antonio.
NOVA has taken several actions to secure additional ethane feedstock supply for its crackers in Corunna, Ontario, and Joffre, Alberta.

The new feedstock supplies would help the Joffre crackers reach capacity production rates, Thompson said, which in turn could feed a new derivatives plant.

It is common knowledge that we havent been running our Joffre facility at capacity because of the feedstock situation in Alberta, Thompson said. We have done a number of things to resolve that beginning in 2014.
NOVA has 2.8m tonnes/year of ethylene capacity at its Joffre complex.


mrcplast.com
Author:Anna Larionova
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Category:General News
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