Monday, March 03, 2008

Duty on naphtha in Union Budget to impact Haldia Petrochem

India's Union Budget proposes to re-impose a 5% import duty on naphtha. This proposal is a step in the wrong direction. It reverses a duty reduction granted two years ago from 5% to zero. Among all the petrochemical players in the country, this proposal will particularly affect Haldia Petrochemicals Ltd.
For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=11787&P=P

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: