sc13d
 

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549


SCHEDULE 13D
(Rule 13d-101)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)

(Amendment No. 7)*

Methanex Corporation


(Name of Issuer)

Common Shares, without nominal or par value


(Title of Class of Securities)

59151K108


(CUSIP Number)
     
Jack S. Mustoe
Senior Vice President, Legal and General Counsel
NOVA Chemicals Corporation
645 Seventh Avenue S.W.
Calgary, Alberta Canada T2P 4G8
(403) 290-7636
  Alan Talkington
Orrick, Herrington & Sutcliffe LLP
400 Sansome Street
San Francisco, CA 94111
(415) 392-1122

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

June 4, 2003


(Date of Event Which Requires Filing of this Statement)

     If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box: o

     Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

     * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

     The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

             
CUSIP No. 59151K10 8

  1. Name of Reporting Person:
NOVA Chemicals Corporation
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group (See Instructions):
    (a) o  
    (b) o  

  3. SEC Use Only:

  4. Source of Funds (See Instructions):

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o

  6. Citizenship or Place of Organization:
Alberta, Canada

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power:
0

8. Shared Voting Power:
46,946,876

9. Sole Dispositive Power:
0

10.Shared Dispositive Power:
46,946,876

  11.Aggregate Amount Beneficially Owned by Each Reporting Person:
46,946,876

  12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
o

  13.Percent of Class Represented by Amount in Row (11):
37.1%1

  14.Type of Reporting Person (See Instructions):
CO


1   Assumes a total of 126,495,364 shares outstanding based on information provided by the Issuer as of March 31, 2003.

Page 2 of 8 Pages


 

             
CUSIP No. 59151K10 8

  1. Name of Reporting Person:
NOVA Petrochemicals Ltd.
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group (See Instructions):
    (a) o  
    (b) o  

  3. SEC Use Only:

  4. Source of Funds (See Instructions):
OO

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o

  6. Citizenship or Place of Organization:
Alberta, Canada

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power:
0

8. Shared Voting Power:
37,946,876

9. Sole Dispositive Power:
0

10.Shared Dispositive Power:
37,946,876

  11.Aggregate Amount Beneficially Owned by Each Reporting Person:
37,946,876

  12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
o

  13.Percent of Class Represented by Amount in Row (11):
30.0%1 (See Item 5)

  14.Type of Reporting Person (See Instructions):
HC


1   Assumes a total of 126,495,364 shares outstanding based on information provided by the Issuer as of March 31, 2003.

Page 3 of 8 Pages


 

             
CUSIP No. 59151K10 8

  1. Name of Reporting Person:
6097570 CANADA INC.
I.R.S. Identification Nos. of above persons (entities only):

  2. Check the Appropriate Box if a Member of a Group (See Instructions):
    (a) o  
    (b) o  

  3. SEC Use Only:

  4. Source of Funds (See Instructions):
AF, OO

  5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e): o

  6. Citizenship or Place of Organization:
Canada

Number of
Shares
Beneficially
Owned by
Each Reporting
Person With
7. Sole Voting Power:
0

8. Shared Voting Power:
9,000,000

9. Sole Dispositive Power:
0

10.Shared Dispositive Power:
9,000,000

  11.Aggregate Amount Beneficially Owned by Each Reporting Person:
9,000,000

  12.Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions):
o

  13.Percent of Class Represented by Amount in Row (11):
7.1%1 See Item 5)

  14.Type of Reporting Person (See Instructions):
HC


1   Assumes a total of 126,495,364 shares outstanding based on information provided by the Issuer as of March 31, 2003.

Page 4 of 8 Pages


 

     On July 2, 1998, NOVA Corporation, an Alberta, Canada corporation and the parent of NOVA Chemicals Ltd. (formerly Novacor Chemicals Ltd.) (“NCL”) and the indirect parent of NOVA Petrochemicals Ltd. (formerly Novacor Petrochemicals Ltd.), merged with TransCanada PipeLines Limited (“TransCanada”) and the commodity chemicals business carried on by NOVA Corporation was split off as a separate public company (the “Arrangement”). Effective January 1, 1999 and pursuant to Section 178 of the Business Corporations Act (Alberta), NCL was amalgamated with and into NOVA Corporation and the resulting corporation adopted the name NOVA Chemicals Corporation (“NOVA”). NOVA continues to conduct the commodity chemicals business through its affiliates. TransCanada conducts the energy services business formerly carried on by TransCanada, NOVA Gas Transmission Ltd. and NOVA Gas International Ltd.

Item 1. Security and Issuer

     This Statement relates to the common shares, without nominal or par value (the “Shares”), of Methanex Corporation, a corporation organized under the laws of Canada (the “Corporation”). The address of the principal executive office of the Corporation is 1800 Waterfront Centre, 200 Burrard Street, Vancouver, British Columbia, Canada V6C 3M1.

Item 2. Identity and Background

     (a, b, c and f) This Statement is being filed by (i) NOVA, an Alberta, Canada, corporation, the principal business of which is the manufacturing and marketing of commodity chemicals (ii) NOVA Petrochemicals Ltd. (“NPL”), which is a holding company, the principal business of which, through its operating subsidiaries, is the manufacturing and marketing of commodity chemicals and (iii) 6097570 Canada Inc. (“Buybackco”), which is a holding company, the principal activity of which is the holding of Shares. The principal office of each of NOVA, NPL and Buybackco is 645 Seventh Avenue S.W., Calgary, Alberta, Canada T2P 4G8. NPL and Buybackco are wholly owned subsidiaries of NOVA.

     Schedules I, II and III hereto set forth the name, principal occupation, address and citizenship of each of the executive officers and directors of NOVA, NPL and Buybackco, respectively.

     (d and e) During the last five years, none of NOVA, NPL and Buybackco, or any of the persons listed on Schedules I, II and III has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors); or (ii) was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities law or finding any violation with respect to such laws.

Item 3. Source and Amount of Funds or Other Consideration.

     On May 21, 2003 (i) NOVA transferred 13,880,575 Shares to NPL in exchange for shares of NPL, (ii) NOVA transferred 9,000,000 Shares to Buybackco for shares of Buybackco, and (iii) NPL transferred 37,946,876 Shares to 6097626 Canada Inc. (“Sellco”) for shares of Sellco. On June 4, 2003, Sellco undertook a triangular amalgamation with a subsidiary of the Corporation to form an amalgamated corporation (“Amalco”). As a result of that amalgamation, NPL acquired 37,946,876 Shares in consideration of Sellco shares and the Corporation received shares of Amalco. As a result of these transactions, the successor by way of amalgamation of Sellco is Amalco, a wholly-owned subsidiary of the Corporation. On June 4, 2003, Amalco entered into a dissolution agreement with the Corporation and the Shares held by Amalco were cancelled.

Item 4. Purpose of Transaction.

     NOVA and NPL (collectively referred to in this Item 4 as the “Selling Shareholder”) have owned a significant number of Shares since 1994. On May 21, 2003, the Corporation announced a secondary offering (the “Offering”) (i) in Canada under a short form prospectus to be filed in each of the provinces of Canada and (ii) in the United States pursuant to the multi-jurisdictional disclosure system of 37,946,876 Shares to be held by NPL after certain reorganization transactions. In connection with the Offering, the Corporation, NOVA and NPL entered into an Underwriting Agreement with RBC Dominion Securities Inc.,

Page 5 of 8 Pages


 

CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., Citigroup Global Markets Canada Inc. and UBS Securities Canada Inc. dated May 21, 2003.

On May 21, 2003, the Corporation also entered into an agreement (the “Share Purchase Agreement”) with NOVA and Buybackco pursuant to which the Corporation agreed to acquire the shares of Buybackco and then wind-up Buybackco and cancel the 9,000,000 Shares owned by Buybackco (the “Repurchase Transaction”). The Repurchase Transaction is subject to a positive vote of a majority of the Corporation’s shareholders, other than the Selling Shareholder and its affiliates, present or represented by proxy at a special meeting of the shareholders proposed to be held on June 30, 2003.

On June 4, 2003, Sellco undertook a triangular amalgamation with a subsidiary of the Corporation to form Amalco. As a result of that amalgamation, NPL acquired 37,946,876 Shares in consideration of Sellco shares and the Corporation received shares of Amalco. As a result of these transactions, the successor by way of amalgamation of Sellco is Amalco, a wholly-owned subsidiary of the Corporation. On June 4, 2003, Amalco entered into a dissolution agreement with the Corporation and the Shares held by Amalco were cancelled.

Following the completion of the Offering and the Repurchase Transaction, if approved, the Selling Shareholder will not own any Shares.

Item 5. Interest in Securities of the Issuer.

     (a)  Buybackco is the record holder of 9,000,000 Shares, constituting approximately 7.1% of the outstanding Shares (based on the Corporation’s Registration Statement on Form F-10 filed with the Commission on May 21, 2003 in which the Corporation reported that 126,495,364 common shares were outstanding as of March 31, 2003).

     NPL is the record holder of 37,946,876 Shares. NPL holds shared voting and dispositive power with NOVA as to such Shares, constituting approximately 30.0% of the outstanding Shares (based on the Corporation’s Registration Statement on Form F-10 filed with the Commission on May 21, 2003 in which the Corporation reported that 126,495,364 common shares were outstanding as of March 31, 2003).

     NOVA holds shared voting and dispositive power as to 46,946,876 Shares, constituting approximately 37.1% of the outstanding Shares (based on the Corporation’s Registration Statement on Form F-10 filed with the Commission on May 21, 2003 in which the Corporation reported that 126,495,364 common shares were outstanding as of March 31, 2003), assuming no other change in the number of outstanding Shares.

     To the knowledge of NOVA, NPL and Buybackco, only the following persons listed on Schedules I, II and III own any of the Corporation’s Shares:

         
Name   Number of Shares

 
Jeffrey M. Lipton
    165,700  
A. Terence Poole
    105,750  
Christopher D. Pappas
    2,000  
F. Peter Boer
    5,000  
Arnold M. Ludwick
    20,000  
John L. Wheeler
    350  

     (b)  By virtue of its ownership of all of the stock of NPL and Buybackco, NOVA may be deemed to share with NPL and Buybackco the power to vote or direct the vote and the power to dispose or to direct the disposition of the Shares owned by NPL and Buybackco.

     (c)  None.

     (d-e) Not applicable.

Page 6 of 8 Pages


 

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

     Except as described in Items 2 and 4, or as set forth on the Index to Exhibits, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among NOVA, NPL and Buybackco, between such entities and the persons listed on Schedule I or between NOVA, NPL or Buybackco and any person with respect to any securities of the Corporation. To the knowledge of NOVA, NPL and Buybackco, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among the persons listed on Schedules I, II and III or between such persons and any person with respect to any securities of the Corporation.

Item 7. Material to be filed as Exhibits.

     1.     Asset Purchase Agreement dated December 8, 1993, among the Corporation, NOVA Chemicals Ltd. (formerly Novacor Chemicals Ltd.) (“NCL”) and Novacor Chemicals Inc., an indirect wholly-owned subsidiary of NCL (“NCI”).*

     2.     Subscription and Registration Rights Agreement dated December 8, 1993, among the Corporation and NCL.*

     3.     MG Term Sheet, dated December 9, 1993, between NCL and Metallgesellschaft Corp. (“MG”).*

     4.     FC Term Sheet, dated December 9, 1993, between Fletcher Challenge and its subsidiary, 165109 Canada Inc. (together, “FC”), and Gordon Capital Corporation et al. (“Gordon”) and between NOVA and Gordon.*

     5.     Differential Letter Agreement, dated December 9, 1993, between NOVA and FC.*

     6.     Agency Agreement, dated as of December 9, 1993, between Gordon Capital Corporation, RBC Dominion Securities, Burns Fry Limited, FC, the Corporation and NPL.*

     7.     Installment Receipt and Pledge Agreement dated December 30, 1993 by and between the Corporation, 165109 Canada Inc., Metallgesellschaft Corp., Gordon Capital Corporation, RBC Dominion Securities Inc., Scotia McLeod Inc., Burns Fry Limited, Wood Gundy Inc., Bunting Warburg Inc., Nesbitt Thomson Inc., Midland Walwyn Capital Inc. First Marathon Securities Limited, Toronto Dominion Securities Inc., Sanwa McCarthy Securities, Limited, Trilon Securities Corporation, NPL, The R-M Trust Company and 2984717 Canada Inc.*

     8.     Amendment dated January 14, 1994 to the Asset Purchase Agreement.*

     9.     Amendment dated January 14, 1994 to the Subscription and Registration Rights Agreement.*

     10.     MG Agreement dated January 14, 1994 between NPL and MG.*

     11.     MG Letter dated January 14, 1994 between NCL and MG.*

     12.     Underwriting Agreement dated May 21, 2003, among the Corporation, NOVA, NPL, RBC Dominion Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., Citigroup Global Markets Canada Inc. and UBS Securities Canada Inc.*

     13.     Share Purchase Agreement dated May 21, 2003, among the Corporation, NOVA and Buybackco.*

     14.     Indemnity Agreement dated May 21, 2003 between NOVA, NPL, Buybackco and the Corporation.*

     *previously filed.

Page 7 of 8 Pages


 

SIGNATURES

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: June 11, 2003.

         
    NOVA Chemicals Corporation
         
    By   /s/ Jack S. Mustoe
    Name:   Jack S. Mustoe
    Title:   Sr. Vice President, Legal and General Counsel
         
    NOVA Petrochemicals Ltd.
         
    By   /s/ Jack S. Mustoe
    Name:   Jack S. Mustoe
    Title:   Sr. Vice President
         
    6097570 Canada Inc.
         
    By   /s/ Jack S. Mustoe
    Name:   Jack S. Mustoe
    Title:   President

Page 8 of 8 Pages


 

INDEX TO EXHIBITS

     1.     Asset Purchase Agreement dated December 8, 1993, among the Corporation, NCL and NCI.*

     2.     Subscription and Registration Rights Agreement dated December 8, 1993, among the Corporation and NCL.*

     3.     MG Term Sheet, dated December 9, 1993, between NCL and MG.*

     4.     FC Term Sheet, dated December 9, 1993, between FC and Gordon and between NOVA and Gordon.*

     5.     Differential Letter Agreement, dated December 9, 1993, between NOVA and FC.*

     6.     Agency Agreement, dated as of December 9, 1993, between Gordon Capital Corporation, RBC Dominion Securities, Burns Fry Limited, FC, the Corporation and NPL.*

     7.     Installment Receipt and Pledge Agreement dated December 30, 1993 by and between the Corporation, 165109 Canada Inc., Metallgesellschaft Corp., Gordon Capital Corporation, RBC Dominion Securities Inc., Scotia McLeod Inc., Burns Fry Limited, Wood Gundy Inc., Bunting Warburg Inc., Nesbitt Thomson Inc., Midland Walwyn Capital Inc. First Marathon Securities Limited, Toronto Dominion Securities Inc., Sanwa McCarthy Securities, Limited, Trilon Securities Corporation, NPL, The R-M Trust Company and 2984717 Canada Inc.*

     8.     Amendment dated January 14, 1994 to the Asset Purchase Agreement.*

     9.     Amendment dated January 14, 1994 to the Subscription and Registration Rights Agreement.*

     10.     MG Agreement dated January 14, 1994 between NPL and MG.*

     11.     MG Letter dated January 14, 1994 between NCL and MG.*

     12.     Underwriting Agreement dated May 21, 2003, among the Corporation, NOVA, NPL, RBC Dominion Securities Inc., CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., Citigroup Global Markets Canada Inc. and UBS Securities Canada Inc.*

     13.     Share Purchase Agreement dated May 21, 2003, among the Corporation, NOVA and Buybackco.*

     14.     Indemnity Agreement dated May 21, 2003 between NOVA, NPL, Buybackco and the Corporation.*

*previously filed.

 


 

SCHEDULE I

Set forth below is the information required by Item 2 of Schedule 13D for
each executive officer and director of NOVA Chemicals Corporation.

                     
    OFFICER/       PRINCIPAL        
NAME   DIRECTOR   CITIZENSHIP   OCCUPATION   NAME AND ADDRESS OF EMPLOYER   BUSINESS OF EMPLOYER

 
 
 
 
 
Jerald A. Blumberg   Director   U.S   Retired President and CEO of Ambar, Inc.       Private oil field services

Dr. F. Peter Boer   Director   U.S   President and Chief Executive Officer of Tiger Scientific Inc.   Tiger Scientific Inc.
47 Country Road South
Boynton Beach, Florida 33436
U.S.A.
  Science and technology, consulting and investments

Jacques Bougie, O.C   Director   Canadian   Retired President and Chief Executive Officer, Alcan Inc.       International
Aluminum Company

Joanne Vanish Creighton   Director   U.S   President and Professor of English, Mount Holyoke College   Mount Holyoke College
50 College Street, South
Hadley, Massachusetts, 01075
  Higher Education

Robert E. Dineen, Jr.   Director   U.S   Partner of Shearman & Sterling   Shearman & Sterling
599 Lexington Avenue
New York. N.Y. 10022
U.S.A.
  Attorneys-at-Law

L. Yves Fortier, C.C., Q.C   Director   Canadian   Chairman and Senior Partner of Ogilvy Renault   Ogilvy Renault
1981 McGill College Avenue,
Suite 1200
Montreal, PQ
H3A 3C1
  Barristers and Solicitors

Kerry L. Hawkins   Director   Canadian   President of Cargill Limited and Chief Executive Officer of Canadian Operations of Cargill Limited   Cargill Limited
Box 5900
300, 240 Graham Avenue
Winnipeg, MB
R3C 4C5
  Grain handling, transportation and processing of agricultural products

Jeffrey M. Lipton   Director/Officer   U.S   President and Chief Executive Officer of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

Arnold Martin Ludwick   Director   Canadian   Retired Deputy Chairman, Claridge Inc.       Investment holding
company

James M. Edward Newall, O.C   Director   Canadian   Chairman of NOVA Chemicals Corporation   Newall and Associates
2015, 855 — 2nd Street S.W.
Calgary, Alberta
T2P 4J7
  Consulting

Janice G. Rennie, F.C.A   Director   Canadian   Principal, Rennie &
Associates
  Rennie & Associates
#101, 17936 — 106A Avenue
Edmonton, Alberta T5S 1V3
  Investment
Management

James Mark Stanford   Director   Canadian   President, Stanford Resource Management, Inc.   Stanford Resource Management, Inc.,
3000, 150 — 6th Avenue S.W.,
Calgary, Alberta T2P 3Y7
  Investment
management

1


 

                     
    OFFICER/       PRINCIPAL        
NAME   DIRECTOR   CITIZENSHIP   OCCUPATION   NAME AND ADDRESS OF EMPLOYER   BUSINESS OF EMPLOYER

 
 
 
 
 
Joseph D. Thompson   Director   Canadian   Chairman of PCL Construction Group Inc.   PCL Construction Group Inc.
5410 — 99th Street
Edmonton, Alberta
T6E 3P4
  General
construction
contractors

Christopher D. Pappas   Officer   U.S   President, Styrenics and Senior Vice President of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights
Road, Moon Township,
Pennsylvania 15108
  See Item 2

Lawrence A. MacDonald   Officer   Canadian   Senior Vice President & Chief Financial Officer of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

Jack S. Mustoe   Officer   Canadian   Senior Vice President, Legal and General Counsel of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road
Moon Township, Pennsylvania
15108
  See Item 2

Sheila H. O’Brien, C.M   Officer   Canadian   Senior Vice President, Human Resources, Public Affairs, Government and Investor Relations of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

A. Terence Poole   Officer   Canadian   Executive Vice President, Corporate Strategy and Development of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

Dale H. Spiess   Officer   U.S   Senior Vice President and President, Olefins/Polyolefins of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

John L. Wheeler   Officer   U.S   Senior Vice President and Chief Information Officer of NOVA Chemicals Corporation   NOVA Chemicals Corporation
1550 Coraopolis Heights Road,
Moon Township, Pennsylvania
15108
  See Item 2

2


 

SCHEDULE II

Set forth below is the information required by Item 2 of Schedule 13D
for each executive officer and director of NOVA Petrochemicals Ltd.

                     
    OFFICER/       PRINCIPAL   NAME AND ADDRESS OF    
NAME   DIRECTOR   CITIZENSHIP   OCCUPATION   EMPLOYER   BUSINESS OF EMPLOYER

 
 
 
 
 
Ronald E.J. Kemle   Director/ Officer   Canadian   Assistant Corporate Secretary of NOVA Chemicals Corporation   NOVA Chemicals Corporation
645 7th Avenue S.W.
Calgary, Alberta
T2P 4G8
  See Item 2

Jack S. Mustoe   Director/ Officer   Canadian   Senior Vice President, Legal and General Counsel of NOVA Chemicals Corporation   NOVA Chemicals Corporation,
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

Dale H. Spiess   Officer   U.S   Senior Vice President and President, Olefins/Polyolefins of NOVA Chemicals Corporation   NOVA Chemicals Corporation,
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

A. Terence Poole   Officer   Canadian   Executive Vice President, Corporate Strategy and Development of NOVA Chemicals Corporation   NOVA Chemicals Corporation,
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

1


 

SCHEDULE III

Set forth below is the information required by Item 2 of Schedule 13D
for each executive officer and director of 6097570 Canada Inc.

                     
    OFFICER/       PRINCIPAL   NAME AND ADDRESS OF    
NAME   DIRECTOR   CITIZENSHIP   OCCUPATION   EMPLOYER   BUSINESS OF EMPLOYER

 
 
 
 
 
Ronald E.J. Kemle   Officer/ Director   Canadian   Assistant Corporate Secretary of NOVA Chemicals Corporation   NOVA Chemicals Corporation
645 7th Avenue S.W.
Calgary, Alberta
T2P 4G8
  See Item 2

Jack S. Mustoe   Officer   Canadian   Senior Vice President, Legal and General Counsel of NOVA Chemicals Corporation   NOVA Chemicals Corporation,
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

Susan J. Wright   Officer   Canadian   Vice-President, Legal and Corporate Secretary of NOVA Chemicals Corporation   NOVA Chemicals Corporation,
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

Sandy Steinberg   Officer   Canadian and U.S   Vice President, Tax of NOVA Chemicals Corporation   NOVA Chemicals Corporation,
1550 Coraopolis Heights Road,
Moon Township,
Pennsylvania 15108
  See Item 2

1