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BIO Applauds Legislation that Levels the Playing Field for Renewable Chemicals

2013-07-01 06:00:00| Industrial Newsroom - All News for Today

BIO thanked Senator Debbie Stabenow (D-MI) for introducing Qualifying Renewable Chemical Production Tax Credit Act of 2013, which grants renewable chemical producers access to production tax credits available to other renewable energy producers. BIO's Jim Greenwood said "Creating a level playing field in tax policy will help U.S. industrial biotech companies innovate and develop new products." He also thanked Stabenow for helping U.S. companies compete in growing global chemicals market. This story is related to the following:Trade Associations

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