Asia Pulp & Paper Disappointed in Preliminary Findings of Subsidy Cases
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“This investigation has even less basis than the last one since the U.S. industry is making more money and has benefited from enormous government subsidies in the form of environmental tax credits, ironically for burning 'black liquor,' a byproduct of the pulp wood making process, to fuel its manufacturing plants. It is hypocritical for U.S. paper makers to accuse us of receiving subsidies when the domestic companies racked up nearly $9 billion in tax credits last year.”
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- People:
- Terry Hunley
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