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Sustainability
Nova joins ocean plastic effort
by Alex Tullo
August 31, 2018
| A version of this story appeared in
Volume 96, Issue 35
Canada’s Nova Chemicals is joining its sister company, Austrian polyolefin maker Borealis, in Project Stop, a program meant to promote a circular economy in Southeast Asia and prevent plastic waste from getting into the ocean. Nova will invest nearly $2 million over three years and support an ongoing project in Muncar, a fishing town in Indonesia. Separately, Borealis has completed its purchase of Austrian recycler Ecoplast, which processes about 35,000 metric tons of polyethylene annually.
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