Nova Chemicals Corp.
For the second time in less than three years, materials maker Nova Chemicals has a new CEO.
The Canada-based materials firm is working with Revolution Plastics to sell its recycled LDPE and LLDPE and teaming with Pet Sustainability Coalition to capture more packaging for recycling.
Luis Sierra will join the materials firm on Aug. 1, as Todd Karran retires.
The new chairman is an executive with Nova parent Mubadala Investment Co.
Mark Kay, 56, was performance films group leader for Calgary, Alberta-based Nova, a major North American supplier of polyethylene resin. He died in Düsseldorf, Germany, during K 2019.
Doug Biela, the rotational molding market manager for Nova Chemicals Corp., will be the speaker Sept. 9 at the Akron section of the Society of Plastics Engineers meeting at the Hilton Akron/Fairlawn.
Both resin makers and product designers need to look at "the full cost of the package" when it comes to consumer products, according to panelists from all along the supply chain.
More than two dozen companies have created a new group, called the Alliance to End Plastic Waste, which has committed $1 billion over five years to solve plastic waste problems.
Bayport Polymers LLC, a joint venture between petrochemicals firms Nova Chemicals, Borealis AG and Total SA, has given the green light to a major new polyethylene resin unit in Bayport, Texas.
Materials maker Nova Chemicals will invest almost $2 million during the next three years to prevent plastic debris from reaching the ocean., working with Project Stop in Indonesia.
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