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Nova Chemicals, Borealis AG and Total Petrochemicals announced a joint venture to build a 2.2 billion lb capacity ethylene cracker in Port Arthur, Texas, and a 1.35 billion lb capacity polyethylene resin unit in Bayport, Texas. Start-up is expected in late 2020.
“This opportunity will complement Nova’s existing asset structure in Canada and broaden our PE product slate as we continue to grow our business in the Americas.”canplastics.com
Summarized from public sources; check the original articles before acting on it.