JG Summit Olefins Corporation (JGSOC), which represents the local petrochemical industry, welcomes the government’s decision to impose safeguard duties on HDPE imports.
The Department of Trade and Industry (DTI) has imposed a definitive three-year safeguard duty on imported high-density polyethylene (HDPE) pellets and granules from various countries to allow the domestic industry to implement the adjustment plan within that period amid injury caused by the influx o
The local petrochemical industry has pressed for the imposition of safeguard duties to curb the surge in importation of resins, particularly of High-Density Polyethylene (HDPE) and Linear Low-Density Polyethylene (LLDPE) to protect local manufacturers from unfair competition. In a statement, the JG
The local petrochemical industry is hoping that the government can support and safeguard Philippine manufacturers from unfair foreign competition from imported resins, particularly of High-Density Polyethylene (HDPE) and Linear Low-Density Polyethylene (LLDPE).