Nova Chemicals Corporation - Strategic SWOT Analysis Review by GlobalData

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									                 Nova Chemicals Corporation - Strategic SWOT Analysis Review
        Reference Code: GDCH3808SA                                                                                           Publication Date: JUN 2013

          1000 Seventh Avenue, S.W., P.O Box
                                                             Phone             +1 403 7503600                   Revenue         5,055 (million USD)
          2518
          Calgary, AB                                        Fax               +1 403 2697410                   Net Profit      NA
          T2P 5C6                                            Website           www.novachem.com                 Employees       2,500
          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
                                                                                   Manufacturing Capabilities           Pending Litigations
         Georg F. Thoma                    Director
                                                                                   Diversified Business Operations Declining Cash Reserves
         Mark Garrett                      Director
         Stephen B. Soules                 Director
        Source: Company Website, Primary and Secondary Research,
                                                                                   Opportunities                        Threats
        GlobalData
                                                                                   Positive Outlook of                  Stringent Government
                                                                                   Petrochemical Industry               Regulations
        Key Competitors
         The Dow Chemical Company                                                  Strategic Initiatives                Highly Competitive Market

         Quadra Chemicals Ltd.
         Chevron Phillips Chemical Company LLC                                    Source: Company Website, Primary and Secondary Research, GlobalData

         Equistar Chemicals, LP
        Celanese Canada
        Source: Company Website, Primary and Secondary Research,
        GlobalData


       Recent Developments

       Jun 11, 2013                  Nova Chemicals Officially Begins Polyethylene Expansion Project At Alberta Complex In Canada
       Jun 05, 2013                  Borouge To Join Borealis And Nova Chemicals At K2013 In Dusseldorf, Germany
       May 21, 2013                  Nova Chemicals Introduces R625B EPS
       May 16, 2013                  Technip Wins Contract From Nova Chemicals For Polyethylene 1 Expansion Project At Joffre Site In
                                     Red Deer, Alberta
       May 07, 2013                  Nova Chemicals Reports Revenue Of US$1.2 Billion In Q1 2013
       Source: Annual Report, Company Website, Primary and Secondary Research, GlobalData




Nova Chemicals Corporation - Strategic SWOT Analysis Review                                                                      Reference Code: GDCH3808SA
Source : www.globalcompanyintelligence.com                                                                                                              Page 1
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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 ........................................................................................................................ 11
       Nova Chemicals Corporation - Locations And Subsidiaries ............................................................................................................. 12
          Head Office ................................................................................................................................................................................... 12
          Other Locations & Subsidiaries ..................................................................................................................................................... 12
       Section 2 – Company Analysis ......................................................................................................................................................... 14
       Nova Chemicals Corporation - Business Description ....................................................................................................................... 14
       Nova Chemicals Corporation - SWOT Analysis ............................................................................................................................... 15
          SWOT Analysis - Overview........................................................................................................................................................... 15
          Nova Chemicals Corporation - Strengths...................................................................................................................................... 15
             Strength - Manufacturing Capabilities ....................................................................................................................................... 15
             Strength - Diversified Business Operations ............................................................................................................................... 15
          Nova Chemicals Corporation - Weaknesses ................................................................................................................................ 15
             Weakness - Pending Litigations ................................................................................................................................................ 15
             Weakness - Declining Cash Reserves ...................................................................................................................................... 16
          Nova Chemicals Corporation - Opportunities................................................................................................................................ 16
             Opportunity - Positive Outlook of Petrochemical Industry ......................................................................................................... 16
             Opportunity - Strategic Initiatives .............................................................................................................................................. 16
             Opportunity - Eco-friendly Materials Offer Opportunities ........................................................................................................... 16
          Nova Chemicals Corporation - Threats ......................................................................................................................................... 17
             Threat - Stringent Government Regulations .............................................................................................................................. 17
             Threat - Highly Competitive Market ........................................................................................................................................... 17
             Threat - Raw Material Risks ...................................................................................................................................................... 17
       Nova Chemicals Corporation - Key Competitors .............................................................................................................................. 18
       Section 3 – Company’s, Power Financial Deals and Alliances ......................................................................................................... 19
          Nova Chemicals Corporation, Petrochemicals, Deals By Year, 2007 to YTD 2013 ...................................................................... 19
          Nova Chemicals Corporation, Petrochemicals, Deals By Type, 2007 to YTD 2013 ..................................................................... 20
          Nova Chemicals Corporation, Power, Deals By Year, 2007 to YTD 2013 .................................................................................... 21
          Nova Chemicals Corporation, Power, Deals By Type, 2007 to YTD 2013 .................................................................................... 22
       Nova Chemicals Corporation, Recent Deals Summary .................................................................................................................... 23
       Section 4 – Company’s Recent Developments ................................................................................................................................ 24
          Nova Chemicals Corporation, Recent Developments ................................................................................................................... 24
             Jun 11, 2013: Nova Chemicals Officially Begins Polyethylene Expansion Project At Alberta Complex In Canada................... 24
             Jun 05, 2013: Borouge To Join Borealis And Nova Chemicals At K2013 In Duss
								
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