Subsidy Tracker Individual Entry
Company:
PPG Industries, Inc.
Parent Company:
PPG Industries
Subsidy Source:
federal
State in Which Facility Is Located:
Louisiana
City:
Lake Charles
Project Description:
PPG Industries will manufacture Hi Sil 190 G and Hi Sil HDP 320 G, highly dispersible silica and to sell to tire manufacturers. The product, when incorporated into the tire rubber, will create a tire with reduced rolling resistance. The resulting product will increase vehicle fuel efficiency.
Year:
2010
Major Industry of Parent:
chemicals
Specific Industry of Parent:
chemicals
Subsidy Value:
$1,260,000
Program Name:
Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency:
Energy Department
Type of Subsidy:
federal allocated tax credit
Source of Data:
Attachment to January 8, 2010 Energy Department press release: https://web.archive.org/web/20151104194159/https://www.whitehouse.gov/sites/default/files/48c_selection_011310.xls
Notes:
Year is year credit approval was announced.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
