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People & Business :: Companies

Ineos, Nova Add North American Assets to Styrenics JV...

10:34 AM MDT | July 27, 2007 | Chemical Week Editorial Staff

Ineos and Nova Chemicals say they have agreed to expand the scope of their styrenics joint venture to include their respective North American styrene and polystyrene assets. Currently only their European assets are part of the jv. “We are very pleased with this path and believe this larger, stronger jv will quickly build on the success of our recent work with Ineos in Europe,” says Jeff Lipton, Nova president and CEO. “It provides a clear opportunity to significantly reduce costs and participate in industry consolidation.” The deal is...

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