Philippine Bol Approves Incentives For JG Summit's Naphtha Cracker

摘要

Manila-The Philip- pine Board of Investments (Bol) has approved incentives for a naphtha cracker to be built by JG Summit Olefins at Batan-gas (PCN, 6 Dec 2010, p 3).The Bol has identified the cracker as a "pioneer project," qualifying the company for incentives that include a six-year holiday on income tax and duty-free imports of equipment.