Sunday, August 19, 2012

NOVA plans to shut down product line, lay off 30 - Pittsburgh Business Times:

ibitasony.wordpress.com
DYLARK sales were a “relativelg small part of the she said. The DYLARK line was part of NOVA's styrenics business, which had posted losses the lasttwo Calgary-based NOVA has executive offices in Moon Township. NOVA’as takeover by Abu Dhabi investment firm is schedule d to be completed byJune 30, Lomicka said. The $500 milliom transaction was announced in February andwill de-list the companuy from the New York Stock Exchange. CEO Jeff Liptoh stepped down May 1 and has been succeedec by former COOChris Pappas.

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