ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
In 2012 the state of Louisiana provided to Shintech an estimated $187.2 million over 5 years from the Industrial Tax Exemption program as an incentive for the expansion and improvements to a petrochemical plant. Shintech's headquarters is in Houston, Texas.
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.
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