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People & Business :: Companies
Nova Chemicals breaks ground on Joffre PE expansion project
9:30 AM MDT | June 12, 2013 | Francinia Protti-Alvarez
Nova Chemicals has broken ground on a previously announced expansion project at its Joffre, AB, complex, the company announced today. A ground-breaking celebration was held to mark the official start of the construction phase of the polyethylene 1 (PE1) expansion. The project is expected to be commissioned in the fall of 2015 and cost approximately C$1 billion ($980 million), including capital and start-up costs. The PE1 project includes a world-scale polyethylene (PE) reactor and associated infrastructure. The plant will be designed with annual capacity for...
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