Dow Inc.
Canadian Court Orders NOVA Chemicals to Pay Dow $1.2 Billion in Damages
Summary
On June 11, 2025, Dow Inc. announced that the Court of King's Bench of Alberta, Canada, ordered NOVA Chemicals Corporation to pay Dow subsidiaries CAD $1.620 billion (approximately USD $1.2 billion) for damages related to their jointly-owned ethylene asset in Joffre, Alberta. The judgment is subject to appeal, and payment is anticipated in the fourth quarter of 2025.
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About Dow Inc.
Dow Inc. is a leading player in the global chemical manufacturing sector, known for its integrated, market-driven portfolio that delivers a broad range of differentiated science-based products and solutions. Its primary function is to provide materials critical for a multitude of industries, including packaging, infrastructure, consumer care, and electronics. With a robust presence in over 160 countries, Dow leverages its advanced production techniques and research and development capabilities to produce a diverse array of innovative materials, from performance plastics and coatings to silicones and other specialty chemicals. Dow's extensive product offerings cater to various industries by addressing essential needs such as durability, sustainability, and performance enhancement. The company boasts a commitment to sustainability, striving to reduce its environmental footprint while enabling its clients to achieve their sustainability goals. Established as a core pillar in the chemical industry, Dow Inc. plays a vital role in fostering industrial growth and facilitating advancements in technology and efficiency across multiple sectors.
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