Tag Archives: Tax

Tax law is boosting chemical industry investment in the U.S.

Wow, that was fast. Congress’s historic tax reform bill, the ‘Tax Cuts and Jobs Act’ (H.R. 1) took effect earlier this month, and companies are already announcing plans for new U.S. investments made possible in part by the new law. On Monday, ExxonMobil shared the news that the company plans to invest $50 billion over […]

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In the zone: Appalachian region could become a major center of petrochemicals and plastics manufacturing

With its abundant energy resources and proximity to manufacturing markets, the Appalachian Region is poised to become a major center of petrochemical and plastics products manufacturing in the United States, similar to the Gulf Coast, according to a recent report from the American Chemistry Council (ACC). ACC’s report, The Potential Economic Benefits of an Appalachian […]

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Cal Dooley testifies before House Ways and Means Committee, assesses energy tax policy, tax reform, NAT GAS Act

ACC President Cal Dooley appeared before the House Committee on Ways and Means this morning to testify on the importance of a stable, competitive natural gas market to securing America’s energy future. The Committee probed what role, if any, the tax code should play in managing our country’s energy supply. Much of the energy tax […]

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