The mainland makes Taiwan's plastic industry smile.
according to the petrochemical industry source, in the early harvest list of the cross-strait negotiation and signing of the economic cooperation agreement (ECFA), the outside world originally expected that major petrochemical products would be imported, but now only chemicals with a very small output were early harvested by (3) Italy's imported oil pump units, and the other five widely used plastics The four major chemicals are fiber raw materials developed and applied by Imperial University of England early, and about 90% of the products are excluded. Since 60% to 70% of Taiwan's petrochemical products are exported to the mainland, after the main products are not received early, the tariff of 6.5% must be paid continuously, which will have a great impact on Formosa Plastics Group, Formosa polymer, Guoqiao and other industries
the petrochemical industry pointed out that the two sides will sign the ECFA in June, and the two sides will accept the list early. During the negotiation, although the other side said that it was "transferring profits" to Taiwan, based on the consideration of safeguarding the interests of major manufacturers in the mainland itself, including the market competitiveness of Sinopec and other industries, Taiwan manufacturers only received "small profits"
the old man in the petrochemical industry said, "the petrochemical products that enter the ECFA early collection list are only small chemicals; plastic raw materials and chemical fiber raw materials with large volume and large capacity will be excluded."
according to the industry, not only the basic petrochemical raw materials such as ethylene, propylene and butadiene are excluded, but also the para xylene (PX) of the aromatic hydrocarbon group is not involved, and the other derivatives, that is, pure terephthalic acid (PTA), one of the four major chemical fiber raw materials, whose textile consumption is not lower than that of cotton, are also restrained by friction, with small deformation at the upper and lower ends
the Taiwan Petrochemical Association said that the output of chemicals is small, accounting for less than 10% of Taiwan's petrochemical products. It was included in the early collection list, which really made "small profits". About 90% of the petrochemical products have not been included in the early collection list. At the beginning of next year, the petrochemical products between ASEAN countries and the mainland will be reduced to zero tariff. The petrochemical products imported from Taiwan into ASEAN countries and the mainland will continue to bear the tariff of 6.5%, and the competitiveness of products will be greatly reduced
according to the news of the petrochemical industry veteran, products that may be included in the ECFA early acceptance list include methyl methacrylate (MMA), epichlorohydrin (ECH), acrylate (AE), methyl acrylate (AA), anhydride (PA), and dioctyl acrylate (DOP) with very small quantities. Relevant manufacturers include Formosa Plastics, Kaohsiung plastic ester, Nanya, Liancheng, etc
the largest petrochemical products in Taiwan are the five major general-purpose plastics and four major chemical fiber raw materials. The quantity exported to the mainland market accounts for 60-70% of the export sales
<"p> the five general-purpose plastics include polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polystyrene (PS), and acrylonitrile butadiene styrene copolymer (ABS); The four major chemical fiber raw materials are PTA, ethylene glycol (MEG), acrylonitrile (ACN) and caprolactam (CPL)note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
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