Total, Borealis and NOVA Chemicals close Bayport Polymers joint venture

Total Petrochemicals & Refining USA, Borealis AG and NOVA Chemicals closed a joint venture named Bayport Polymers LLC, combining an under-construction ethane steam cracker in Port Arthur, Texas, Total's existing polyethylene facility in Bayport, Texas, and a planned new polyethylene unit.

“Total Petrochemicals & Refining USA Inc., Borealis AG and NOVA Chemicals Inc. today announced they have closed a joint venture in petrochemicals on the U.S. Gulf Coast.”borealisgroup.com

• 1 source
• borealisgroup.comTotal, Borealis and NOVA Chemicals close their Joint Venture in petrochemicals - BorealisMay 24, 2018

Summarized from public sources; check the original articles before acting on it.