Wednesday, October 06, 2010

Meager impact of recently imposed duties by EU on Lotte Pakistan’s PTA sales

The recently imposed duties on PET (Polyethylene Terephthalate) by the European Union, is not likely to have any sizeable impact on Lotte Pakistan’s PTA sales, according The Express Tribune. Over 30% of Purified Terephtalic Acid (PTA) production is sold to the PET sector, while the rest goes to PSF and others.

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