SPI Supports Senate Approval of Keystone XL Pipeline

SPI - The Plastics Industry Trade AssociationThe U.S. Senate passed legislation Thursday to approve construction of the Keystone XL pipeline, a proposed north-south pipeline system that would pump oil from Canada into refineries within the United States. The bill (S 1), approved 62-36, follows legislation passed Jan. 9 by the House.

In response, William R. Carteaux, president and CEO of SPI: The Plastics Industry Trade Association, released the following statement:

“The plastics manufacturing industry supports efforts such as the Keystone XL pipeline to increase access to natural resources in an economically beneficial and environmentally responsible manner.”

“As the nation’s third largest manufacturing sector, the plastics industry relies heavily on natural resources for its valuable feedstock that enables us to effectively compete in the world economy. Our industry continues to expand due to the rebounding economy and business-friendly policy decisions made by lawmakers in Washington. SPI and its members look forward to working with the 114th Congress to advocate on behalf of manufacturing jobs and legislation that promotes economic growth.”

Differences between the House and Senate versions of the Keystone XL pipeline legislation must be resolved before a final bill can be sent to President Obama for approval.

About SPI:
Founded in 1937, SPI: The Plastics Industry Trade Association promotes growth in the $373 billion U.S. plastics industry. Representing nearly 900 thousand American workers in the third largest U.S. manufacturing industry, SPI delivers legislative and regulatory advocacy, market research, industry promotion and the fostering of business relationships and zero waste strategies. SPI also owns and produces the international NPE trade show. All profits from NPE are reinvested into SPI’s industry services.

 

For more information, please visit:
www.plasticsindustry.org 

and 

www.inthehopper.org