Posted in | News | Plastics and Polymers | Petrochemicals

NOVA Chemicals Plans to Temporarily Idle Styrene Plant Due to U.S. Gulf Coast Ethylene Shortage

May 8 2006

NOVA Chemicals Corporation has announced plans to temporarily idle its Bayport, Texas styrene monomer plant as a result of the ethylene force majeure declared by Huntsman Corporation and limited ethylene availability on the U.S. Gulf Coast. Through its Sarnia, Ontario styrene monomer production and other supply arrangements, the company expects to be able to meet its market obligations for both styrene monomer and styrenic polymers.

The financial impact of the outage is expected to be limited to relatively minor shutdown and startup costs.

http://www.novachem.com

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