Governmental Policy and Regulation

Although the location of the majority of new ethylene and polyethylene capacity will be determined by low feedstock and energy costs, other factors such as governmental policies and regulation could play a role in the future. The location of additional ethylene and polyethylene capacity in the future could be determined by governmental factors such as regional political stability, tariffs, environmental restrictions, corporate income taxes and other future taxes, such as a carbon emissions tax. 

In the early 1980s corporate tax rates in most of the developed countries in the world were relatively high in the 48-50% range, and had little impact 

The result of this decrease in corporate tax rates across the globe may affect the investment of capital around the world. The combined corporate tax rates for the five highest member countries in OECD are  

Business Tax Rates Now 50% Higher than OECD Average 

While the five comitries in OECD with the lowest tax rates are  

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