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Global Trade Alert

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United States of America/State of Texas: Grants and tax abatements for an Exxon/SABIC project

Description

The project is also supported by a Texas Enterprise Fund (TEF) offer of $1.35 million to SABIC and a TEF offer of $5 million to ExxonMobil, as announced by the governor of Texas on April 19, 2017.

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Mar 2017

Revocation date

No revocation date

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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