# NOVA Chemicals completes acquisition of Williams' interest in Geismar olefins plant

NOVA Chemicals completed the acquisition of Williams Partners' indirect 88.46% ownership interest in the Geismar, Louisiana olefins plant, along with 525 acres of adjacent land and interest in the Ethylene Trading Hub.

- Type: Acquisition
- Announced: 2017-07-06
- Where: Geismar, Louisiana, United States
- Status: completed
- Capacity: 1.95 billion pounds of ethylene per year
- Products: ethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Williams Partners](https://endata.com/companies/1957.md) (target)
- [NOVA Chemicals](https://endata.com/companies/2940.md) (acquirer)

## Sources

- [newyork.citybuzz.co](https://newyork.citybuzz.co/article/428377/nova-chemicals-closes-its-acquisition-of-williams-ownership-interest-in-geismar-louisiana-olefins-plant), 2017-07-06: "This is a game changer for our company, as it marks our entry into the U.S. Gulf Coast, which allows us to better serve our customers in the Americas."

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