NOVA Chemicals Corporation - Strategic SWOT Analysis Review
Reference Code: GDCH3808SA Publication Date: MAY 2012
1000 Seventh Avenue, S.W., P.O Box
Phone +1 403 7503600 Revenue 5,241 (million USD)
2518
Calgary, AB Fax +1 403 2697410 Net Profit NA
T2P5C6 Website www.novachem.com Employees 2,445
Canada Exchange Industry Chemicals
Company Overview
NOVA Chemicals Corporation (Nova) develops and manufactures chemicals, plastic resins and end-products. Nova is a
subsidiary of International Petroleum Investment Company, a wholly-owned company of the government of the Emirate of Abu
Dhabi. The company operates an Olefins/Polyolefins business unit which manufactures and markets ethylene, polyethylene,
higher-value polyethylene; and a range of chemical and energy products. It also operates a Performance Styrenics business that
manufactures and markets EPS and ARCEL resin. In addition, the company operates licensing business.
Key Executives SWOT Analysis
Name Title NOVA Chemicals Corporation, SWOT Analysis
Randy G. Woelfel Chief Executive Officer Strengths Weaknesses
Mohamed Al Mehairi Director
Strong Liquidity Position Pending Litigations
Georg F. Thoma Director
Diversified Business Operations
Mark Garrett Director
Stephen B. Soules Director
Source: Company Website, Primary and Secondary Research,
Opportunities Threats
GlobalData
Eco-friendly Materials Offer Raw Material Risks
Opportunities
Key Competitors Highly Competitive Market
Quadra Chemicals Ltd. Strategic Agreements
Chevron Phillips Chemical Company LLC
Equistar Chemicals, LP Source: Company Website, Primary and Secondary Research, GlobalData
The Dow Chemical Company
Celanese Canada
Source: Company Website, Primary and Secondary Research,
GlobalData
Recent Developments
May 08, 2012 Nova Chemicals Reports Revenue Of $1.3 Billion In Q1 2012
Mar 13, 2012 NOVA Chemicals Reports Revenue Of $5.24 Billion In 2011
Nov 09, 2011 NOVA Chemicals Reports Profit Of $150m In Q3 2011
Sep 15, 2011 Provident Announces Lease Agreements For $100m Storage Project With NOVA Chemicals
Sep 06, 2011 NOVA Chemicals Announces Transportation And Supply Agreements For Ontario Cracker Revamp
Source: Annual Report, Company Website, Primary and Secondary Research, GlobalData
NOVA Chemicals Corporation - Strategic SWOT Analysis Review Reference Code: GDCH3808SA
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Table of Contents
Table of Contents ............................................................................................................................................................................... 2
List of Tables .................................................................................................................................................................................. 3
List of Figures ................................................................................................................................................................................. 3
Section 1 - About the Company.......................................................................................................................................................... 4
NOVA Chemicals Corporation - Key Facts ......................................................................................................................................... 4
NOVA Chemicals Corporation - Key Employees ................................................................................................................................ 5
NOVA Chemicals Corporation - Key Employee Biographies .............................................................................................................. 6
NOVA Chemicals Corporation - Major Products and Services ........................................................................................................... 7
NOVA Chemicals Corporation - History.............................................................................................................................................. 8
NOVA Chemicals Corporation - Company Statement ...................................................................................................................... 10
NOVA Chemicals Corporation - Locations And Subsidiaries............................................................................................................ 11
Head Office ................................................................................................................................................................................... 11
Other Locations & Subsidiaries ..................................................................................................................................................... 11
Section 2 – Company Analysis ......................................................................................................................................................... 13
NOVA Chemicals Corporation - Business Description ..................................................................................................................... 13
NOVA Chemicals Corporation - SWOT Analysis.............................................................................................................................. 14
SWOT Analysis - Overview........................................................................................................................................................... 14
NOVA Chemicals Corporation - Strengths .................................................................................................................................... 14
Strength - Strong Liquidity Position ........................................................................................................................................... 14
Strength - Diversified Business Operations ............................................................................................................................... 14
Strength - Manufacturing Capabilities ....................................................................................................................................... 14
NOVA Chemicals Corporation - Weaknesses............................................................................................................................... 14
Weakness - Pending Litigations ................................................................................................................................................ 14
NOVA Chemicals Corporation - Opportunities .............................................................................................................................. 15
Opportunity - Eco-friendly Materials Offer Opportunities ........................................................................................................... 15
Opportunity - Strategic Agreements .......................................................................................................................................... 15
Opportunity - Positive Outlook of Petrochemical Industry ......................................................................................................... 15
NOVA Chemicals Corporation - Threats ....................................................................................................................................... 15
Threat - Raw Material Risks ...................................................................................................................................................... 15
Threat - Highly Competitive Market ........................................................................................................................................... 15
Threat - Stringent Government Regulations .............................................................................................................................. 16
NOVA Chemicals Corporation - Key Competitors ............................................................................................................................ 17
Section 3 – Company’s, Power Financial Deals and Alliances ......................................................................................................... 18
NOVA Chemicals Corporation, Petrochemicals, Deals By Year, 2006 to YTD 2012 .................................................................... 18
NOVA Chemicals Corporation, Petrochemicals, Deals By Type, 2006 to YTD 2012 .................................................................... 19
NOVA Chemicals Corporation, Recent Deals Summary .................................................................................................................. 20
Section 4 – Company’s Recent Developments ................................................................................................................................ 21
NOVA Chemicals Corporation, Recent Developments ................................................................................................................. 21
May 08, 2012: Nova Chemicals Reports Revenue Of $1.3 Billion In Q1 2012 .......................................................................... 21
Mar 13, 2012: NOVA Chemicals Report