Construction of the ARCEL resin manufacturing facility is underway and production is expected to commence in early 2006. ARCEL is currently produced at NOVA Chemicals´ Beaver Valley manufacturing site (near Pittsburgh, PA), where a previously announced capacity expansion is underway. ARCEL resin is processed by customers in North America, South America, Europe, Asia and Australia and is available from NOVA Chemicals and its molding partners. ARCEL resin runs on standard expandable polystyrene (EPS) molding equipment, processes more easily than competitive materials and is recyclable in the polystyrene recycling stream.
Loyal Chemical Industrial Corporation was founded in 1976 and specializes in a full range of EPS production, using the brand name King Pearl. Within 13 years of entering the Chinese market, Loyal Chemical has become the largest EPS manufacturer in Asia, with an annual capacity of more than 1.5 billion pounds (700 kilotonnes). Loyal Chemical is a reliable and respected private organization led by the owner and founder, Y.C. Liao.
NOVA Chemicals Corporation was launched as an independent, publicly traded chemical company. NOVA Chemicals produces commodity plastics and chemicals that are essential to everyday life. Their employees develop and manufacture materials for customers worldwide that produce consumer, industrial and packaging products.
They work with a commitment to Responsible Care to ensure effective health, safety, security and environmental stewardship. Company shares are traded on the Toronto and New York stock exchanges as NCX.
NOVA Chemicals Corporation
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