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NOVA Chemicals Announces Musabbeh Al Kaabi as New Board Member and Vice Chairman
(GLOBE NEWSWIRE via COMTEX) -- Copyright (C) 2017 GLOBE NEWSWIRE. All rights reserved.

NOVA Chemicals Corporation, 1000 Seventh Avenue S.W., Calgary, Alberta, Canada T2P 5L5

www.novachemicals.com | 403.750.3600 tel | 403.269.7410 fax

Calgary, Alberta (April 18, 2017 ) - NOVA Chemicals Corporation (NOVA Chemicals) today announced the appointment of Musabbeh Al Kaabi to its Board of Directors and the position of Vice Chairman of the Board of Directors. Mr. Al Kaabi was recently appointed as chief executive officer of the Petroleum & Petrochemicals platform of Mubadala Investment Company.

"NOVA Chemicals will continue to be a key asset in our portfolio following the merger of IPIC and Mubadala Development Company. The ongoing growth of NOVA Chemicals' business in North America is very much aligned with our vision to expand our investments in the international energy and petrochemicals sectors," Mr. Al Kaabi said. "I am very much looking forward to working with NOVA Chemicals' Board, leadership and employees in delivering further success for the Company."

Mr. Al Kaabi succeeds Khalifa Al Romaithi who has resigned from the Board of Directors following his appointment as head of Midstream within Mubadala's Petroleum & Petrochemicals platform.

About NOVA Chemicals Corporation

NOVA Chemicals develops and manufactures chemicals and plastic resins that make everyday life safer, healthier and easier. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to sustainability and Responsible Care(R). NOVA Chemicals, headquartered in Calgary, Alberta, Canada, is a wholly owned subsidiary of International Petroleum Investment Company (IPIC) of the Emirate of Abu Dhabi, United Arab Emirates.

Visit NOVA Chemicals on the Internet at www.novachemicals.com.

For more information about Mubadala Investment Company please visit www.ipic.ae or www.mubadala.com

# # #

Media inquiries, please contact:

Mark Horner

Director, Corporate Communications

E-mail: mark.horner@novachem.com

Investor Inquiries, please contact:

Tracey Simpson

Leader, External Financial Reporting

E-mail: tracey.simpson@novachem.com

NOVA Chemicals' logo is a registered trademark of NOVA Brands Ltd.; authorized use.

Responsible Care(R) is a registered trademark of the Chemistry Industry Association of Canada.

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: NOVA Chemicals Corporation via Globenewswire


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