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Williams Partners, an American pipeline operator, agrees to sell an olefins plant in Louisiana to Canadian chemical company Nova Chemicals for $2.1 billion. This transaction will enable Nova Chemicals to expand its operations and diversify its petrochemical portfolio. Williams Companies, the parent company, focuses on natural gas processing and transportation, while Nova Chemicals has a long history in petrochemicals, with origins as a provincial crown corporation managing Alberta's natural gas system.
Sunday, 16 April, 2017