TOTAL

Total, Borealis and NOVA Chemicals sign definitive agreements to form a joint venture in petrochemicals

Borealis AG ("Borealis") and NOVA Chemicals Corporation ("NOVA Chemicals") announced Monday, Feb. 19 that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the U.S. Gulf Coast.

The joint venture – in which Total will own 50% and Novealis Holdings LLC, a joint venture between Borealis and NOVA Chemicals, will own the remaining 50% – will commence subject to customary closing conditions, including receipt of regulatory approvals.

The joint venture will include:

Port Arthur Industrial Group brings STEM-based Science Museum to 1,800 elementary students

Through the support of the Port Arthur Industrial Group (PAIG) which includes Port Arthur refineries and petrochemical companies, along with the PAIG Community Advisory Group, the Texas Alliance for Minorities in Engineering (TAME) showcased the TAME Trailblazer at nine Port Arthur ISD schools from January 29 to February 9.

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