Polyethylene import duties seen to protect petrochemical industry - BusinessWorld Online

📆 18/03/44 01:30 م
📰 bworldph

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 68%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

THE recently imposed duties on high-density polyethylene (HDPE) imports will protect the local petrochemical industry from cheap foreign resins entering the country, according to JG Summit Olefins Corp. (JGSOC). READ:

On Wednesday, the Department of Trade and Industry ordered the imposition of safeguard duties on imports of HDPE pellets and granules for three years.

The firm said that the move will contribute to the new administration’s drive of ensuring the country’s long-term economic recovery. The domestic petrochemical industry is expected to enhance its international competitiveness in the three years, it said, citing a report by the Tari“This includes having adjusted its selling prices to absorb production costs and operating expenses and generate reasonable margins,” it said.

اكتب تعليق

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

PHL garments industry warns of more layoffs, temporary closures - BusinessWorld OnlineTHE PHILIPPINE garments industry is struggling amid a slump in global demand, warning of temporary closures and more worker layoffs in the next few months. READ:
مصدر: bworldph - 🏆 9. / 68 اقرأ أكثر »

Palace commissions maritime industry dev’t plan - BusinessWorld OnlinePRESIDENT Ferdinand R. Marcos, Jr. has ordered the Department of Transportation (DoTR) to draft a maritime industry development plan, focused on the training of seamen and the promotion of cruise ship tourism.
مصدر: bworldph - 🏆 9. / 68 اقرأ أكثر »