Nova Chemicals to spend $400 million on plant that will use natural gas liquids from Ohio

A $400 million upgrade at Nova Chemicals' Corunna plant in Ontario, Canada has received final approval from the company's board of directors, reports the Sarnia Observer. The newspaper says Nova will invest in creating a pipeline connection to a second source of natural gas liquids from the eastern U.S. shale region and converting the Corunna site's “cracker” facility to use up to 100% ethane feedstock. “It's definitely going to move us forward on our plans to get a second feedstock supply from Ohio and more supply reliability,” said Tom Thompson, Nova’s regional manufacturing director.

Ohio