# Nova Chemicals and Grupo Idesa form Novidesa polystyrene JV

Nova Chemicals and Grupo Idesa are forming a 50-50 polystyrene joint venture called Novidesa, which will start operations in September 2005. The partnership will focus on expandable polystyrene (EPS) and distribute Nova's solid polystyrene in Mexico.

- Type: Partnership
- Announced: 2020-08-31
- Where: Mexico
- Status: announced
- Products: expandable polystyrene (EPS), solid polystyrene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [NOVA Chemicals](https://endata.com/companies/2940.md) (partner)
- [Grupo Idesa](https://endata.com/companies/49610.md) (partner)

## Sources

- [cen.acs.org](https://cen.acs.org/articles/83/i30/Mexican-CompaniesNew-Investments.html), 2020-08-31: "Nova and Idesa are forming a 50-50 polystyrene joint venture called Novidesa, which will start operations in September."

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