NOVA to invest US$750-900 mln for 40% capacity increase at Joffre polyethylene plant

Nova Chemicals is planning to invest US$750-900 mln to increase its polyethylene production by 40% at its Joffre plant in Lacombe County, as per Globe Editor. A feasibility study is underway to present to the Board. The project, if approved by its board of directors, will add a third reactor to the polyethylene facility on site. Nova’s Joffre plant, which has five manufacturing facilities, is one of the largest ethylene and polyethylene production sites in the world. If approved, construction is estimated to start in 2013 and be completed in 2015.
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