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Pennsylvania Senate passes tax credit for petrochemical plants

Published: Saturday, June 30, 2012, 8:43 a.m.

HARRISBURG — The Senate on Friday night approved legislation to set up a state tax credit for a company considering building a multibillion-dollar petrochemical plant in Beaver County.

Under the bill, approved 43-6, the credit would be available to Royal Dutch Shell plc and other so-called cracker plants and similar manufacturers willing to move to Pennsylvania.

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