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Nova Chemicals

A Canadian company producing petrochemicals such as polyethylene.

Last updated October 16, 2026

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Overview

Nova Chemicals is a petrochemical company headquartered in Calgary, Alberta, Canada, producing ethylene, polyethylene, and derivatives used in packaging, industrial, and consumer applications. It is wholly owned by Mubadala Investment Company of Abu Dhabi.

Products and positioning

Mid-to-high-end petrochemical supplier, focusing on innovation and sustainable development.

Product categories. Polyethylene · Styrene · Polystyrene · Ethylene · Copolymers · Chemicals

Controversies

  • 2026

    Nova Chemicals fined $150,000 over January 2024 benzene spill at Corunna site

    Nova Chemicals was fined $150,000 and ordered to pay a $37,500 victim surcharge after a conviction under Ontario's Environmental Protection Act was registered on June 22 in Sarnia court, in connection with a January 20, 2024 spill of approximately 1,475 litres of process material primarily consisting of benzene at its Corunna petrochemical plant near Sarnia. Ontario's Ministry of Environment, Conservation and Parks said the conviction was for having control of a spilled pollutant, benzene, and failing to notify the ministry, which the company contacted about two hours after the spill; the benzene leaked from the gearbox vent of a pump due to a failed seal. The ministry reported no instances of adverse health impacts and said Nova was cooperative throughout the investigation.

  • 2021

    Nova Chemicals fined over Corunna brine discharge

    Nova Chemicals was convicted under the Ontario Water Resources Act for discharging wastewater containing brine into a watercourse and impairing water quality. The court imposed a $125,000 fine plus costs.

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Recent events

  • Nova Chemicals fined $150,000 over January 2024 benzene spill at Corunna site[1]

    Reported:

    Nova Chemicals was fined $150,000 and ordered to pay a $37,500 victim surcharge after a conviction under Ontario's Environmental Protection Act registered June 22 in Sarnia court, in connection with a Jan. 20, 2024 spill of approximately 1,475 litres of process material primarily consisting of benzene at its Corunna petrochemical plant near Sarnia. Ontario's Ministry of Environment, Conservation and Parks said the conviction was for having control of a spilled pollutant, benzene, and failing to notify the ministry, which the company contacted about two hours after the spill; the benzene leaked from the gearbox vent of a pump due to a failed seal. The ministry reported no instances of adverse health impacts and said Nova was cooperative throughout the investigation.

  • Unconfirmed

    NOVA Chemicals sells its Mont Belvieu ethylene storage business[3]

    Reported:

    NOVA Chemicals sold its ethylene storage business and trading hub in Mont Belvieu, Texas, to a subsidiary of Enterprise Products Partners. NOVA will remain a long-term storage customer in the Enterprise system.

  • Unconfirmed

    Enterprise Products acquires Nova’s ethylene storage business[4]

    Reported:

    Enterprise Products Partners acquired the ethylene storage and trading business operated by Nova Chemicals at the Mont Belvieu trading hub in Texas. Nova will remain a long-term storage customer in the Enterprise system.

  • Nova Chemicals fined over Corunna brine discharge[2]

    Reported:

    Nova Chemicals was convicted under the Ontario Water Resources Act for discharging wastewater containing brine into a watercourse and impairing water quality. The court imposed a $125,000 fine plus costs.

  • NOVA Chemicals announces CEO appointment[5]

    Reported:

    NOVA Chemicals announced that its board had appointed Luis Sierra as president and chief executive officer, effective August 1, 2020.

  • Nova enters the HD-BOPE market[6]

    Reported:

    Nova Chemicals said it was entering the high-density biaxially oriented polyethylene market by developing a new high-density resin technology.

  • Nova Chemicals announces Naushad Jamani's retirement[7]

    Reported:

    Nova Chemicals announced that senior vice president Naushad Jamani would retire effective October 31, 2019.

  • Nova Chemicals appoints Rocky Vermani to senior vice president role[7]

    Reported:

    Nova Chemicals appointed Rocky Vermani as senior vice president of olefins and feedstock and a member of its Management Board, effective October 1, 2019.

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