NOVA begins using Marcellus Shale ethane as feed for Ontario cracker
NOVA began consuming the new feedstock in late December 2013 as part of a project to revamp its Corunna cracker to utilize up to 100% natural gas liquid feedstock, in line with a long-term company strategy.
NOVA Chemicals held a ceremony on
Thursday to commemorate the first barrels of ethane sourced
from the Marcellus Shale being utilized at its Canadian
cracker in Corunna, Ontario.
NOVA began consuming the new feedstock in late December 2013
as part of a project
to revamp its Corunna
cracker to utilize up to 100% natural gas
The introduction of Marcellus Shale ethane into the
feedstock diet at our Corunna cracker marks a tremendous
milestone in our journey to utilize more cost-competitive feedstock
in Ontario, which should
result in stronger and more consistent financial performance
for our Ontario-based assets," said NOVA Chemicals CEO Randy
This is a critical component to our NOVA 2020 growth
strategy of capitalizing on new feedstock
sources to meet our
current needs and expanding customer demands," he added.
The company says the move is in line with its strategy to
ensure the long-term economic viability of its Ontario
We are excited to be the first petrochemical
company to use this
emerging feedstock source as we move toward the completion of
our cracker revamp and increase the volumes of ethane
consumed through the quarter," said Tom Thompson,
manufacturing leader for NOVA Chemicals in Sarnia.
"Our cracker revamp coupled with the availability of new,
sources creates a great
foundation for our recently announced growth plans in the
Sarnia, Ontario region, he added.