NOVA Chemicals

NOVA Chemicals

Chemical Manufacturing

Calgary, Alberta 51,295 followers

About us

NOVA Chemicals' innovative and quality product offerings, value chain collaboration, and unique customer experience is what sets us apart; our customers use our products to create virgin and recycled content films, packaging, and products. Headquartered in Calgary, Alberta, Canada, we happily employ 2,600 people worldwide and are wholly owned by Mubadala Investment Company of the Emirate of Abu Dhabi, United Arab Emirates. NOVA Chemicals is a proud founding member of Responsible Care®. ----- The Canadian federal government, through late changes to omnibus Bill C-59, passed amendments to the Competition Act with immediate effect that create significant uncertainty for Canadian companies that want to communicate publicly about the work they are doing to improve their environmental performance, including actions and plans to address climate change. NOVA Chemicals remains fully committed to our environmental performance, to our sustainable development, to the work we are doing to reduce greenhouse gas emissions and our 2030 ambitions. We believe, along with the rest of the plastics industry, that plastics has a key role to play in helping Canada meet its climate ambitions. This belief is the foundation for why our mission is to reshape plastics for a better, more sustainable world. Unfortunately, there is uncertainty on how the new law will be interpreted and applied. For this reason, until the Competition Bureau provides clarity and specific guidance on what is required to comply with these new laws, and the significant risks associated with non-compliance, we have temporarily removed our environmental and climate content from our website, social media and other public communications. This decision was not made lightly and is a direct result of the new legislation. We hope to return to providing information in these areas once the uncertainty has been clarified.

Industry
Chemical Manufacturing
Company size
1,001-5,000 employees
Headquarters
Calgary, Alberta
Type
Privately Held
Founded
1975
Specialties
Ethylene and Co-products (propylene, butadiene, aromatic concentrate products), Polyethylene (sealant plastomers, HDPE, MDPE, LDPE, LLDPE, butene, hexene, octene co-monomer), and Recycled Polyethylene (rLLDPE and rHDPE)

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Funding

NOVA Chemicals 1 total round

Last Round

Debt financing

US$ 479.9M

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