Borealis, NOVA Chemicals and Total plan joint venture for Texas petrochemical complex

Borealis and NOVA Chemicals signed a preliminary agreement with Total to form a joint venture to build a 1,000 ktpa ethylene cracker in Port Arthur and a 625 ktpa Borstar PE plant in Bayport, Texas, plus Total's existing Bayport PE facility. Start-up is planned for late 2020.

“Borealis and NOVA Chemicals signed a preliminary agreement to form a joint venture with Total that will develop and own a new light feed cracker and a new Borstar polyethylene facility”borealisgroup.com

• 1 source
• borealisgroup.comBorealis and NOVA Chemicals enter Preliminary Agreement with Total to meet growing global demand for polyethylene - BorealisMar 27, 2017

Summarized from public sources; check the original articles before acting on it.