NOVA Chemicals Corp. said Tuesday it had signed agreements with three companies for a long-term supply of Marcellus Shale ethane for its thermal cracker facility in Ontario.
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NOVA Chemicals, Statoil Sign MOU on Marcellus Ethane
Statoil Marketing and Trading Inc. (SMT) will supply NOVA Chemicals Corp. with a long-term supply of ethane from the Marcellus Shale play, under the terms of a memorandum of understanding (MOU) announced by the two companies.
August 2, 2011