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Total, Novealis’ joint venture for petrochemical project
May 25, 2018
Source: ICIS

Total, Novealis’ joint venture for petrochemical project

Total, NOVA Chemicals and Borealis jointly announced on Wednesday that they have received all regulatory approvals, and now officially closed on their venture of building a petrochemical project in Texas, US. Total and Novealis each has a 50% stake in the joint venture, Bayport Polymers (Bay-Pol), the latter of which is itself a joint venture between NOVA and Borealis.

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