Nova Chemicals: Plotting Feedstock Strategies

Woelfel: Boosting feedstock supplies. Nova Chemicals, which has long benefitted from a cost-advantaged feedstock position in Alberta, has stepped up efforts to secure alternative feedstock sources that are not tied to natural gas flows through Alberta. Nova recently announced several agreements for additional sources of feedstock supply for its Joffre, AB complex in western Canada, which can produce about 2.2 million m.t./year of ethane-based ethylene and about 390,000 m.t./year of polyethylene (PE). Increased U.S. production of natural gas and lower prices have...

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