Nova to Upgrade Mooretown, ON PE Plant

摘要

Nova Chemicals says it will invest about $78 million to replace aging equip- ment and increase production of low density polyethylene (LDPE) at its Mooretown, ON plant. The province of Ontario is providing an additional $10 million loan for the new equipment, the company says. The facility has the capacity to produce about 740 million lbs/year of PE. The project project is expected to be completed by the end of 2011, and will help retain high-skill jobs and increase energy efficiency, while boosting productivity by more than 50%, Nova says.