About NOVA Chemicals
NOVA Chemicals was established in 1954 and is headquartered in Calgary, Canada. Operations focus on the production of foam resin products within the chemicals sector. Manufacturing processes are centered on resins used in insulation, packaging, and other applications. The company maintains facilities across North America to support distribution and supply chain activities. Leadership is provided by executives including Luis Sierra and Todd Karran as CEO and President.
- Headquarter Calgary, Canada
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Website
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- Legal Name Nova Chemicals Corporate
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$399.4 M (USD), Debt – Conventional
Nov 21, 2024
- Investors
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Employee Count
Employee Count
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Acquired by
International Petroleum Investment Company
(Jun 01, 2009)
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Funding Insights of NOVA Chemicals
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $399.4M
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First Round
First Round
(21 Nov 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2024 | Amount | Debt – Conventional - NOVA Chemicals | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NOVA Chemicals
NOVA Chemicals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include International Petroleum Investment Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Manages an infrastructure fund specializing in the energy sector.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NOVA Chemicals
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NOVA Chemicals
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nova Chemicals Comparisons
Competitors of NOVA Chemicals
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NOVA Chemicals
When was NOVA Chemicals founded?
NOVA Chemicals was founded in 1954 and raised its 1st funding round 70 years after it was founded.
Where is NOVA Chemicals located?
NOVA Chemicals is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of NOVA Chemicals?
Luis Sierra is the current CEO of NOVA Chemicals.
What does NOVA Chemicals do?
NOVA Chemicals was established in 1954 and is headquartered in Calgary, Canada. Operations focus on the production of foam resin products within the chemicals sector. Manufacturing processes are centered on resins used in insulation, packaging, and other applications. The company maintains facilities across North America to support distribution and supply chain activities. Leadership is provided by executives including Luis Sierra and Todd Karran as CEO and President.
Who are NOVA Chemicals's investors?
NOVA Chemicals has 1 investor. Key investors include International Petroleum Investment Company.