Markets :: Plastics :: PET
EU Slaps Duties on PET Imports
1:26 PM MDT | July 25, 2007 | Chemical Week Editorial Staff
The European Union’s (EU) decision to impose duties on polyethylene terephthalate (PET) imports originating in India, Indonesia, Malaysia, the Republic of Korea, Thailand, and Taiwan is welcome news, says PlasticsEurope’s (Brussels) PET committee. The duties, which are applicable for five years, will enable European firms to increase R&D investment, and allow European enterprises to develop recycling projects that complement EU’s packaging waste management initiatives and environmental objectives, PlasticsEurope says. The decision will not...
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