INEOS / NOVA
Expanded joint venture will have new name
The expanded 50:50 joint venture of Nova Chemicals(Calgary, Ontario / Canada) and Ineos (Lyndhurst / UK; www.ineos.com), known up to now as Nova Innovene (www.novainnovene.com), will be renamed Ineos Nova – perhaps presaging future ownership arrangements. A letter of intent to widen the company's scope to include North American styrenics assets was signed in March 2007.
To serve alongside CEO-designate Kevin McQuade and other previously nominated managing board members, the jv has named Tom Strifler as vice president operations and engineering and John Morgan as vice president purchasing and logistics. Both men are currently vice presidents at Nova Chemicals.
To serve alongside CEO-designate Kevin McQuade and other previously nominated managing board members, the jv has named Tom Strifler as vice president operations and engineering and John Morgan as vice president purchasing and logistics. Both men are currently vice presidents at Nova Chemicals.
12.06.2007 Plasteurope.com [208310]
Published on 12.06.2007