Pakistan Cuts PTA Import Duty

摘要

Karachi-Pakistan's Economic Coordination Committee has lowered the duty on imports of purified terephthalic acid (PTA) to 3% from 7.5%.Lotte Pakistan PTA, formerly Pakistan PTA Ltd., has been operating a PTA plant at Port Qasim at above its nameplate capacity of 400,000 t/y since 2002. The company was provided a 15% protection on imports from the late 1990s through 2008. The rate was reduced to 7.5% in 2009.