Nova's board of directors gives approval for US$400 mln expansion at Corunna

16-Mar-16

Nova Chemical's board of directors has given approval for the company to invest in creation of a pipeline connection to a second source of natural gas liquids, originating in the eastern U.S. shale region, and to convert the Corunna site's cracker to use up to 100% ethane feedstock. Work is scheduled for 2017 and 2018. The company has spent millions of dollars to convert the plant to be able to use up to 100% natural gas liquids, and connect by pipeline to Pennsylvania's Marcellus shale region. The upcoming capital work includes replacing and enlarging a four-kilometre section of existing pipeline from the plant, to connect to a Plains Midstream Windsor-to-Sarnia pipeline, providing access to natural gas liquids from the Utica Shale Basin. Most of that work is scheduled for “quite a large turnaround” planned for 2017 at the plant site. The new pipeline is scheduled to come online in 2018, and some additional work at the Corunna site will be completed that year. Source : pmorden@postmedia.com