# Total, Borealis and Nova Chemical form $1.7B JV for Texas cracker and PE unit

Total SA, Borealis and Nova Chemical Corp announced a $1.7 billion joint venture to build a 1 million tonne per year ethane steam cracker in Port Arthur, Texas, and consider a 625,000 tonne per year polyethylene unit at Total's Bayport site. The cracker is scheduled to start in 2020.

- Type: Partnership
- Announced: 2017-03-27
- Where: Port Arthur, Texas, United States
- Value: $1.70B
- Status: announced
- Capacity: 1 million tonnes per year ethane steam cracker; 625,000 tonnes per year polyethylene unit
- Products: ethylene, polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (partner)
- [Total](https://endata.com/companies/406.md) (partner)
- [Nova Chemical Corp](https://endata.com/companies/23111.md) (partner)

## Sources

- [financialpost.com](https://financialpost.com/energy/total-strikes-joint-venture-with-borealis-nova-chemical-to-invest-1-7b-in-u-s-polyethylene-market/), 2017-03-27: "By joining forces with Borealis and Nova, we aim to create a major player in the U.S. polyethylene market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
