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Total, Borealis and NOVA Chemicals signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast. Total will own 50% and Novealis Holdings LLC (Borealis and NOVA Chemicals) will own 50%.
“Total S.A., Borealis AG and NOVA Chemicals Corporation today announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.”modernplasticsglobal.com
Summarized from public sources; check the original articles before acting on it.