Brussels – The European Union is investigating state aid granted by Poland to a subsidiary of Poland's PCC. The company's Rokita business is not involved in the investigation.
The investigation is into whether grants and tax breaks given to PCC's MCAA subsidiary to build an ultrapure monochloracetic acid plant in Brzeg Dolny should have been notified to the EC. The EU is also investigating whether they breached the guidelines of the EU's regional guidelines 2012-2013.
The Polish government gave a grant of EUR 16m to the company and allowed it up to EUR 23m of tax exemptions. The plant has capacity to produce 42 kT/year of the ultra-pure acid. At the time the Polish government believed that he aid was covered by a block exemption and did not need to be declared.
The Commission added that opening an in-depth investigation gives Poland and interested third parties the chance to comment on the measure. It does not prejudge the outcome of the investigation.