Nova Chemicals Facing Feedstock Constraints in Alberta

摘要

Nova Chemicals says that reduced shipments of natural gas through Alberta are likely to constrain its ethane feedstock supplies for its Joffre, AB site in 2010. Nova did not disclose the impact on produc- tion but says that lower ethane supplies remain a concern over the medium- to short-term. Flows of natural gas across the Canadian border to U.S. markets are expected to decline due to low selling prices for natural gas in the U.S., the company says. "This will likely lead to less natural gas flowing through the Straddle Plants and therefore less ethane available as feedstock for our ethylene plants at Joffre," Nova said in regulatory filings. "We plan to continue work with suppliers and the Alberta government to source additional supply for our feedstock needs."