SIBUR can receive a tax privilege in 24,6 billion rubles for construction the ethylene EP-600 complex

At meeting State Council of the Republic of Tatarstan today in the first reading and as a whole the bill which will release from taxes on organization property — subjects investment activity, Republic of Tatarstan investment projects and carrying-out production ethylenes was adopted by a pyrolysis method. If the bill adopted by parliament the president signs Republic of Tatarstan Rustam Minnikhanov, PUBLIC JOINT-STOCK COMPANY "NIZHNEKAMSKNEFTEKHIM" (enters into SIBUR) will receive essential tax preferences. According to the bill, the tax privilege is provided on period of validity of contracts about implementation of the investment project, but not...