Nova Chemicals

NOVA Chemicals Corporation

Company type	Private
Industry	Petrochemical industry
Founded	8 April 1954 (1954-04-08)
Headquarters	Calgary, Alberta, Canada Moon Township, Pennsylvania, United States
Key people	Roger Kearns CEO (April 2023)
Products	Ethylene, Polyethylene, Chemical and Energy Co-Products
Revenue	US$3.512 billion (2016)[1]
Number of employees	2,500 (2022)[2]
Parent	Mubadala
Website	www.novachemicals.com

NOVA Chemicals Corporation is a Canadian petrochemical company that has been in operation since 1954. NOVA was formed as provincial crown corporation called the Alberta Gas Trunk Line Company Limited to manage Alberta's natural gas collection system. During the 1970s, the company diversified into petroleum exploration and production, manufacturing, and petrochemicals. In 1980 the AGTL was renamed NOVA, An Alberta Corporation. After a decade of financial struggles, in 1998 NOVA sold its petroleum and pipeline business to TransCanada Pipelines and continued as solely a petrochemicals operation. The gas collection system run by TransCanada is now called the NOVA Gas Transmission Line.

NOVA Chemicals' products are used in a wide variety of applications, including food and electronics packaging, industrial materials, appliances and a variety of consumer goods. The company operates two business units and holds a 50% interest in a major joint venture with INEOS, called INEOS NOVA.