Thursday, October 25, 2007

NOVA Chemicals record strong performance by Olefins/Polyolefins sector

NOVA Chemicals Corporation (NOVA Chemicals) has reported net income of US$97 mln for Q3-07, on very robust Q3 market conditions for Olefins/Polyolefins business. This growth is expected to continue into the next quarter and beyond, mainly on strong domestic and export demand and improving margins due to price increases that exceed feedstock cost changes.

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