NOVA Chemicals

Nova Chemicals Corp.. is a Canadian company based in Calgary, Alberta. Nova Chemicals produced and sold on plastic and plastic-like materials based products, including plastic bags, household items and tubes; this Arcel is used. The company was temporarily listed on the stock index S & P / TSX 60.

History

The company was founded in 1953. NOVA had long established his headquarters in Calgary, to the then CEO Jeffrey Lipton headquarters moved in the 1990s to Pittsburgh. This was done in order to be closer to its customers from the USA, the expected benefits from this move were never realized. Since then, the headquarters was moved back to Calgary. 2009 refused the prime minister Ed Stelmach Help for a bailout, the Alberta felt by alienated. Due to the financial crisis and recession between 2007-2009, and NOVA 's heavy debt burden, which was not paid off during high-volume times, the company drove shortly before the bankruptcy, to the investment firm International Petroleum Investment Company went into the company.

Offices

The company operates in addition to its headquarters in Calgary four more plants in Canada, as well as three works in the U.S. (as of 2013).:

  • Joffre, Alberta
  • Corunna, Ontario
  • Moore Township, Ontario
  • St. Clair River, Ontario
  • Monaca, Pennsylvania
  • Painesville, Ohio
  • Channelview, Texas
609901
de