By Paul Morden, from www.theobserver.ca The Observer
Nova Chemicals announced Wednesday it’s putting off making a decision on building a new $1-billion polyethylene plant, but will upgrade and expand its
existing plants in Sarnia-Lambton.
That includes expanding the Corunna cracker’s ethylene manufacturing capacity by 20% and upgrading the polyethylene lines at its Moore facility.
“In parallel with the planned implementation of these projects, which could represent investment exceeding $300 million, we will continue to investigate
options for a second facility,” CEO Randy Woelfel said in a press release.
That new plant could eventually be built in Sarnia-Lambton, on the U.S. Gulf Coast or elsewhere, the company said.
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