Thursday, April 17, 2008

Russian Government withdraws 6.5% export duty on polyethylene

The Russian government has withdrawn the 6.5% export duty on polyethylene, with effect from May. The SIBUR holding had been lobbying for the removal of the export duty. Currently, its exports are insignificant, but are likely to increase with its recent acquisition of Kazanorgsintez.

For more details please click on the following link
http://plastemart.com/plasticnews_desc.asp?news_id=12033&P=P

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