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2015-04-16

NOVA Chemicals Corporation: Todd Karran Appointed President and CEO of NOVA Chemicals

NOVA Chemicals Corporation, 1000 Seventh Avenue S.W., Calgary, Alberta, Canada
T2P 5L5
www.novachemicals.com| 403.750.3600 tel | 403.269.7410 fax

Todd Karran Appointed President and CEO of NOVA Chemicals

Calgary, Alberta (April 16, 2015)
- NOVA Chemicals Corporation (NOVA Chemicals) today announced that Todd Karran
has been appointed President and Chief Executive Officer. Mr. Karran has been
the acting CEO, while maintaining his previous roles of Senior Vice President
and Chief Financial Officer since May 2014. Mr. Karran has committed to
continue serving as NOVA Chemicals' Chief Financial Officer while the Board
of Directors conducts a search for a new CFO among internal and external
candidates.

"It became clear to the Board of Directors that Todd is the right person to
assume the role of Chief Executive Officer and lead NOVA Chemicals to further
success in the years ahead," stated His Excellency Khadem Abdulla Al Qubaisi,
NOVA Chemicals Chairman and IPIC Managing Director. "Todd has done an
excellent job since he took over in the Acting CEO role and IPIC and the
Board of Directors look forward to continued long-term growth and market
leadership from NOVA Chemicals."

"I am honored by the opportunity to serve as the next CEO of NOVA Chemicals.
Over the past several years, with support of IPIC and the Board of Directors,
we have made tremendous progress on all aspects of our business," stated Mr.
Karran. "We plan to continue the positive momentum through safe and reliable
operations of our assets and leadership in each aspect of our business, while
looking forward to continued growth."

To download a picture of Mr. Karran please visit our website
athttp://www.novachem.com/Lists/News%20and%20Events/DispForm.aspx?ID=97

About NOVA Chemicals Corporation

NOVA Chemicals develops and manufactures chemicals, plastic resins and
end-products 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®.
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 atwww.novachemicals.com.

# # #

Media inquiries, please contact:

Pace Markowitz
Director, Communications
E-mail: pace.markowitz@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®is a registered trademark of the Chemistry Industry
Association of Canada.

Forward Looking Statements:
This news release contains forward-looking statements regarding the
leadership change at NOVA Chemicals and IPIC's desire to grow NOVA Chemicals.
By their nature, forward-looking statements involve assumptions, known and
unknown risks and uncertainties that could cause actual results to differ
materially from those expressed in the forward-looking statements. For
investors, detailed information about some of the known risks and
uncertainties is included in the "Risk Factors" section of our annual report.
Investors are specifically referred to those documents. NOVA Chemicals'
forward-looking statements are expressly qualified in their entirety by this
cautionary statement. In addition, the forward-looking statements are made
only as of the date of this news release, and except as required by
applicable law, NOVA Chemicals undertakes no obligation to publicly update
the forward-looking statements to reflect new information, subsequent events
or otherwise.

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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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