April 2018, Vol.245, No.4
Company News
Total, NOVA Chemicals, and Borealis
French oil major Total, Canada’s NOVA Chemicals and Austria’s Borealis signed definitive agreements to form a joint venture to build a steam cracker and polyethylene plant on the Texas coast. Total will own half of the venture, while a joint venture of NOVA and Borealis, Novealis Holdings, will own the other half.
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