Pittsburgh Post-Gazette

Nova to buy cracker plant

-

Nova Chemicals said it reached a deal to acquire a majority stake in Williams Partners’ chemical cracker plant in Geismar, La., near the Gulf Coast, for $2.1 billion. The deal calls for Williams to supply ethane feedstock to the plant, which makes ethylene, a component of plastic materials. Nova expects to close on the purchase in the summer. Nova maintains executive offices in Moon and most of its facilities in Canada.

Kraft Heinz teams up with Dean Foods

Newspapers in English

Newspapers from United States