Shell Volunteers to Pay Local Taxes on PA Ethane Cracker

| | | | | |

In order to lure Shell to build its multi-billion dollar ethane cracker plant in Beaver County, PA, the state passed a law granting Shell tax exempt status for the next 25 years. Problem is, the place where they will build the plant currently pays school and town taxes ($344,000 per year) that would disappear under the state plan. So Shell has offered to pay 110% of those taxes over the next 25 years—to avoid a PR problem and to support the local community where it will be doing business for at least the next generation.

Here’s the details:

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.