# Total, Borealis and NOVA Chemicals sign definitive agreements for U.S. Gulf Coast petrochemical joint venture

Total, Borealis and NOVA Chemicals signed definitive agreements to form a joint venture on the U.S. Gulf Coast. Total will own 50% and Novealis Holdings (Borealis and NOVA Chemicals) will own 50%. The JV includes an under-construction ethane cracker in Port Arthur, Texas, Total's existing polyethylene facility in Bayport, Texas, and a new Borstar polyethylene unit at Bayport.

- Type: Partnership
- Announced: 2018-02-19
- Where: Port Arthur, Texas; Bayport, Texas, United States
- Value: $1.70B
- Jobs: 1,500
- Status: announced
- Capacity: 1 Mt/y ethane steam cracker; 400 kt/y polyethylene; 625 kt/y Borstar polyethylene
- Products: ethylene, polyethylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Borealis](https://endata.com/companies/242.md) (partner)
- [Total](https://endata.com/companies/406.md) (partner)
- [NOVA Chemicals](https://endata.com/companies/2940.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/us-total-borealis-and-nova-chemicals-sign-definitive-agreements-to-form-a-joint-venture-in-petrochemicals-300600607.html), 2018-02-19: "This agreement is a key milestone for this integrated petrochemicals project."

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