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NOVA Chemicals to idle Pennsylvania styrenic polymer plant
11-25-2008: NOVA Chemicals announced a temporary shutdown of its Beaver Valley site in Monaca, Pennsylvania. The Beaver Valley site produces styrenic polymers for building and construction, durable goods and automotive markets.
"Market conditions have been poor for the last year and recently have gotten dramatically worse," said Robert Snyder, Vice President, Performance Styrenics. "We expect to restart the plant, but only when we see significantly stronger demand and improving margins."
Production from the Beaver Valley site includes expandable polystyrene, ARCEL® and DYLARK® resins.
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