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Canadian court orders NOVA Chemicals to pay Dow an additional CAD$1.6 billion judgment
DOWDow(DOW) Prnewswire·2025-06-11 18:00

MIDLAND, Mich., June 11, 2025 /PRNewswire/ -- The Court of King's Bench of Alberta, Canada has issued a judgment ordering NOVA Chemicals Corporation to pay Dow (NYSE: DOW) an additional amount of CAD1.620billion(equivalenttoapproximatelyUSD1.620 billion (equivalent to approximately USD1.2 billion) in damages. The judgment, signed on June 10, 2025, relates to losses Dow incurred from the companies' jointly owned ethylene asset in Joffre, Alberta, Canada. The award includes interest to April 7, 2025, but excludes subsequent interest or legal costs ...