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BIO Applauds Bipartisan Legislation That Levels the Playing Field For Renewable Chemicals

2015-08-03 06:42:42| chemicalonline Home Page

The Biotechnology Industry Organization (BIO) expresses thanks to Representatives Bill Pascrell (D-N.J.), Mike Fitzpatrick (R-PA), and Richard Neal (D-MA) for introducing H.R. 3390, which provides renewable chemical producers access to production or investment tax credits currently available to other renewable energy producers. Brent Erickson, executive vice president of BIO’s Industrial & Environmental Section, stated: “Federal policies that provide production or investment tax incentives for renewable chemicals will stimulate venture capital and domestic production of

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