Budget 2027: Manufacturers seek lower tariffs on raw materials to reduce costs | Today’s news

In the chemical sector, manufacturers are seeking duty exemptions on imported raw materials and intermediates such as methanol, acetic acid, phenol, toluene, acetone, ethylene dichloride (EDC) and vinyl chloride monomer (VCM). These chemicals are used in a variety of industries, including pharmaceuticals, paints, plastics, textiles, and resins.