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NOVA Chemicals Introduces New Expandable Polystyrene Resins for Stronger Insulating Concrete Forms

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(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)

Nova Chemicals Corp.
645 Seventh Ave., S.W.
Calgary, AB, T2P 5C6
Canada



Press release date: July 13, 2006

Pittsburgh, PA - NOVA Chemicals Corporation today announced the commercial availability of EPS 35MB-ICF, enhanced expandable polystyrene resins that deliver best-in-class performance in insulating concrete form (ICF) applications. ICFs are lightweight, high-strength, permanent concrete forms with built-in insulation. ICFs made with NOVA Chemicals' EPS 35MB-ICF resins enable significant molding cycle time improvements and provide outstanding strength in residential, commercial and industrial construction projects.

"NOVA Chemicals is committed to driving ongoing innovation in the rapidly growing ICF industry with our leading EPS resins and technology," said Charles Gounaris, Director, EPS Business for NOVA Chemicals. "Our new EPS resins for ICFs deliver substantial processing advantages for molders and improved performance attributes for builders. In addition, these resins result in smooth-surfaced ICFs that are easily finished."

NOVA Chemicals leveraged its extensive experience in EPS technology for construction applications and its relationships with leading ICF molders and distributors to develop EPS 35MB-ICF. The result for molders is improved yields due to easier mold filling and improved packing within molds, as well as greater cycle time flexibility due to shorter molding cycles and pre-foam aging times. The benefits of ICFs made with EPS 35MB-ICF also include dimensional stability and significant improvements in flexural strength compared to competing products, resulting in improved reliability for builders.

NOVA Chemicals' EPS 35MB-ICF resins have been trialed extensively in ICF applications in a wide range of climatic conditions, with very favorable results. EPS 35MB-ICF resins are currently available throughout North America and Latin America in sample or commercial quantities.

NOVA Chemicals produces plastics and chemicals that are essential to everyday life. Our employees develop and manufacture materials for customers worldwide that produce consumer, industrial and packaging products. We work with a commitment to Responsible Care® to ensure effective health, safety, security and environmental stewardship. Company shares are traded on the Toronto and New York stock exchanges as NCX.

Visit NOVA Chemicals on the Internet at www.novachemicals.com.
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