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Nova to Upgrade Mooretown PE Plant

11:59 AM MDT | April 16, 2010 | Lindsey Bewley

Nova Chemicals says it will invest about $78 million to replace aging equipment and increase production of low-density polyethylene (LDPE) at its Mooretown, ON plant. The province of Ontario is providing an additional $10 million loan for the new equipment, the company says. The facility has the capacity to produce about 740 million lbs/year of PE. The project project is expected to be completed by the end of 2011, and will help retain high-skill jobs and increase energy efficiency while boosting productivity by more than 50%, Nova says. “The Moore site...

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