Canadian Alberta boosts incentives for new petrochemical plants

MOSCOW (MRC) -- Alberta said that it will double its incentives for companies developing new plants to make petrochemical products, as the Western Canadian province seeks to diversify its economy beyond crude extraction and export, reported Reuters.The province will now provide royalty credits worth CD2.1 billion (USD1.6 billion), up from earlier commitments totaling CD1.1 billion, to pro

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