Total SA, Borealis AG and Nova Chemicals Corporation have closed a joint venture in petrochemicals on the US Gulf Coast after receiving all required regulatory approvals.
The company named Bayport Polymers LLC (Bay-Pol) is 50 percent owned by Total and 50 percent owned by Novealis Holdings LLC, a joint venture between Borealis and Nova Chemicals.
Total SA, Borealis AG and Nova Chemicals Corporation have closed a joint venture in petrochemicals on the US Gulf Coast after receiving all required regulatory approvals.
The company named Bayport Polymers LLC (Bay-Pol) is 50 percent owned by Total and 50 percent owned by Novealis Holdings LLC, a joint venture between Borealis and Nova Chemicals.
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