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Nova Chemicals information


NOVA Chemicals Corporation
Company typePrivate
IndustryPetrochemical industry
Founded8 April 1954 (1954-04-08)
HeadquartersCalgary, Alberta, Canada
Moon Township, Pennsylvania, United States
Key people
Roger Kearns CEO (April 2023)
ProductsEthylene, Polyethylene, Chemical and Energy Co-Products
RevenueIncreaseUS$3.512 billion (2016)[1]
Number of employees
2,500 (2022)[2]
ParentMubadala
Websitewww.novachemicals.com

NOVA Chemicals Corporation is a Canadian petrochemical company that has been in operation since 1954. NOVA was formed as provincial crown corporation called the Alberta Gas Trunk Line Company Limited to manage Alberta's natural gas collection system. During the 1970s, the company diversified into petroleum exploration and production, manufacturing, and petrochemicals. In 1980 the AGTL was renamed NOVA, An Alberta Corporation. After a decade of financial struggles, in 1998 NOVA sold its petroleum and pipeline business to TransCanada Pipelines and continued as solely a petrochemicals operation. The gas collection system run by TransCanada is now called the NOVA Gas Transmission Line.

NOVA Chemicals' products are used in a wide variety of applications, including food and electronics packaging, industrial materials, appliances and a variety of consumer goods. The company operates two business units and holds a 50% interest in a major joint venture with INEOS, called INEOS NOVA.

  1. ^ "Selected Financial Information". Retrieved January 20, 2018.
  2. ^ "Corporate Fact Sheet" (PDF). Retrieved January 20, 2018.

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