Dow Chemicals Canada has been awarded $ $1.06 billion in damages from Dow in a dispute involving a joint-venture ethylene plant in Alberta . Court of Queen's Bench Justice Barbara Romaine ruled in favour of Dow and against a countersuit filed by Nova in a case that included claims and counterclaims for damages between 2001 to 2012. Dow alleged breach of contract over the joint venture agreement claiming that Nova took products that belonged to Dow – such as ethylene – and failed to run the facility at full capacity. The Court of Queen’s Bench blamed the problems on a shortage of ethane, the main feedstock for ethylene, and claims that it operated the plant at the highest possible capacity given shortcomings. Dow Chemicals Canada sided with Dow Chemicals Canada , saying chemicals were available. Nova plans to appeal.
Dow Chemicals Canada has been awarded $ $1.06 billion in damages from Dow in a dispute involving a joint-venture ethylene plant in Alberta . Dow alleged breach of contract over the joint venture agreement claiming that Nova took products that belonged to Dow – such as ethylene – and failed to run the facility at full capacity. The Court of Queen’s Bench blamed the problems on a shortage of ethane, the main feedstock for ethylene, and claims that it operated the plant at the highest possible capacity given shortcomings. Dow Chemicals Canada sided with Dow Chemicals Canada , saying chemicals were available. Nova plans to appeal.