Enterprise acquires ethylene storage business from nova chemicals

Houston--(business wire)--enterprise products partners l.p. (nyse: epd) and nova chemicals corporation (“nova chemicals”) today announced that a subsidiary of enterprise has acquired a wholly owned subsidiary of nova chemicals, which operates an ethylene storage business and trading hub in mont belvieu, texas. nova chemicals, one of the largest merchant ethylene producers and marketers on the u.s. gulf coast, will be a long-term storage customer in the enterprise system. “the acquisition, which
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