Monday, January 14, 2008

Nova plans PE expansion at Mooretown and Corunna

Nova Chemicals Corp has planned an investment outlay of US$80 mln in upgrades and expansion of polyethylene operations at Mooretown and Corunna. The expansion projects at Mooretown and Corunna that will as 250 million pounds of capacity, will take about 2 years to complete and have about a two-year payback. The project includes expansion and improving reliability of the low-density polyethylene (LDPE) unit at Mooretown and optimizing the high-density unit and increasing output from the high-density and linear low-density units at Corunna.

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