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Company Statement: IPIC and NOVA Chemicals announce closing of transaction

( July 6, 2009, 17:00 GMT | Official Statement) -- Extract: International Petroleum Investment Company ("IPIC") and NOVA Chemicals Corporation ("NOVA Chemicals") announced the completion today of the acquisition of NOVA Chemicals by way of a plan of arrangement (the "Arrangement").Pittsburgh, PA --- International Petroleum Investment Company ("IPIC") and NOVA Chemicals Corporation ("NOVA Chemicals") announced the completion today of the acquisition of NOVA Chemicals by way of a plan of arrangement (the "Arrangement"). NOVA Chemicals will continue to operate its chemicals and plastics business from its North American base....

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