Deals Counterparts

NOVA Chemicals to supply recycled polyethylene to customers

Supply Agreement Industrial announced Calgary, Canada Feb 23, 2026
100 million lbs
Capacity
operating
Stage
SYNDIGO
Project

NOVA Chemicals Corporation announced the commercialization of SYNDIGO TM rPE-IN3 and SYNDIGO rPE-IN4 recycled polyethylene (rPE) grades for general purpose, non-food-grade applications throughout North America and will supply to customers.

Deal Analysis

NOVA Chemicals' announcement to supply SYNDIGO rPE-IN3 and SYNDIGO rPE-IN4 recycled polyethylene (rPE) grades to customers, including Bob's Grocery Store, marks a strategic move into the recycled plastics market. This supply agreement, slated to begin in 2026, focuses on general purpose, non-food-grade applications across North America. While the financial details remain undisclosed, the agreement signifies NOVA Chemicals' commitment to incorporating recycled materials into its product offerings, potentially driven by increasing consumer demand and regulatory pressures for sustainable packaging solutions. Distribution Plastics, a supplier of plastic piping and fittings, is also involved in the deal.
  • NOVA Chemicals is commercializing recycled polyethylene (rPE) grades for the North American market.
  • The agreement targets general purpose, non-food-grade applications.
  • Bob's Grocery Store is among the customers receiving the rPE.
  • Distribution Plastics, a distributor of plastic piping and fittings, is involved as a supplier.
Market Context: The industrial sector, specifically the plastics market, is facing increasing pressure to adopt sustainable practices. Recycled polyethylene (rPE) is gaining traction as a viable alternative to virgin plastics, driven by environmental concerns and regulatory initiatives promoting circular economy principles.

Source Intelligence

KEY DETAILS

The SYNDIGO1 facility is located in Connersville, Ind. "Produced at SYNDIGO1, NOVA Chemicals’ polyethylene (PE) mechanical recycling facility located in Connersville, Ind., the new recycled linear low-density polyethylene (rLL/LDPE) grades are suitable for can liners, protective packaging, carry out bags, overwrap, shrink film, heavy duty sacks and more."

Capacity
is expected to reach full production capacity of over 100 million lbs. annually in 2026
Location
Calgary, AB, CANADA (February 23, 2026) – NOVA Chemicals Corporation (“NOVA Chemicals”)
Announcement
Calgary, AB, CANADA (February 23, 2026) – NOVA Chemicals Corporation (“NOVA Chemicals”) today announced the commercialization of SYNDIGO TM rPE-IN3 and SYNDIGO rPE-IN4 recycled polyethylene (rPE) grades
COD
The SYNDIGO1 facility was commissioned in 2025 and is expected to reach full production capacity of over 100 million lbs. annually in 2026.
PARTIES MENTIONED IN SOURCE
N
NOVA Chemicals Corporation seller

"NOVA Chemicals Corporation (“NOVA Chemicals”) today announced the commercialization of SYNDIGO TM rPE-IN3 and SYNDIGO rPE-IN4 recycled polyethylene (rPE) grades"

B
Bob’s Grocery Store other

"Bob’s Grocery Store (Booth #403) and NOVA Circular Solutions (Booth #502), a business of NOVA Chemicals, are exhibiting at the 2026 Plastics Recycling Conference from February 23-26, 2026, in San Diego, Calif."

N
NOVA Circular Solutions other

"Bob’s Grocery Store (Booth #403) and NOVA Circular Solutions (Booth #502), a business of NOVA Chemicals, are exhibiting at the 2026 Plastics Recycling Conference from February 23-26, 2026, in San Diego, Calif."

high quality Enriched Feb 27, 2026

Timeline

Announced
Feb 23, 2026
Signed
Closed

Market Context

This deal is part of the Industrial sector in Canada.
42
Industrial deals
83
deals in Canada
1 of 42 Industrial deals tracked this month · Updated daily

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