SOURCE: Industrial Info Resources

Industrial Info Resources

November 13, 2014 06:15 ET

Canada's NOVA Chemicals Gears Up for $850 Million in 2015 Capital Spending, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Nov 13, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- NOVA Chemicals (Calgary, Alberta) plans to make 2015 the second-largest year for capital expenditures (capex) in the company's history, with more than 40% of the amount going to the $900 million Polyethylene 1 (PE1) expansion at NOVA's Joffre site in Alberta. Industrial Info is tracking eight active NOVA projects through 2018 worth $1.53 billion, including the Joffre expansion.

Within this article: Details on NOVA's planned spending, including the Joffre expansion and the conversion of the Corunna cracker in Ontario.

Other companies featured: Kinder Morgan (NYSE:KMI)

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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