Chemistry Industry Association of Canada (CIAC) today welcomed the news that NOVA Chemicals will invest $2 billion towards a new facility in Ontario. The funds, representing the single largest business investment in the Sarnia-Lambton region, will go towards the building of a new polyethylene facility and the expansion of its Corunna Site ethylene cracker. CIAC also thanked the Province of Ontario for its contribution of $100 million to the project. The investment will create 2,000 direct and indirect jobs over the first 10 years of the project alone, and will result in a further 25 per cent reduction in greenhouse gas emissions intensity from 2016 levels.
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