Significant impact expected from Nova expansion

When construction of Nova Chemicals Corp.’s new polyethylene line at Joffre peaks late next year and into 2015, more than 600 workers could be engaged in the project.

For Red Deer and other communities in the area, that’s likely to translate into millions of dollars in spin-off revenues for hotels, restaurants, stores and other businesses.

Read more: http://tinyurl.com/csmyy25

Nova staff get home downtown

Downtown Red Deer will soon welcome a familiar corporate resident.

Nova Chemical Corp. has confirmed that it’s signed a leasing agreement for three floors in Executive Place.

The Calgary-based petrochemical company, which operates ethylene and polyethylene plants east of Red Deer at Joffre, has already begun preparing space in the 4900 50th St. building for its use.

Read more:  http://tinyurl.com/c9fbx86