Connect with us

Hi, what are you looking for?


Plastics importers call for review of safeguard measures ruling on polyethylene product 


IMPORTERS of plastics raw materials called on the Tariff Commission (TC) to review its recommendation to impose safeguard duties on high-density polyethylene (HDPE) imports, saying the decision unduly benefits a domestic producer.

The Philippine Plastics Industry Association, Inc. (PPIA), in a statement on  Monday, “implored” the commission to “reconsider its position” and asked the Department of Trade and Industry (DTI) “not impose safeguard duties on HDPE resin.”

“To extend protection to benefit a sole producer, at the expense of the downstream manufacturing industry dominated by micro, small, and medium enterprises (MSMEs) and employing hundreds and thousands of Filipinos, increase the cost of packaging materials and plastic products and add to the increasing inflation… will also result in tariff distortion (in which) cheaper imported finished products will continue to proliferate,” it added.

The commission said in a final report dated June 27 that it recommends the imposition of an ad valorem safeguard duty of 2% on imported HDPE pellets and granules for three years.

HDPE resin is used in consumer and industrial packaging.

According to the report, the commission found the “existence of a causal link between the imminent threat of serious injury to the local HDPE industry in the near future and increased imports of HDPE.”

The TC’s investigation on the safeguard measures for HDPE imports began last year following a petition from the petrochemical industry, represented by JG Summit Olefins Corp. The company is the sole domestic producer of HDPE.

“To grant safeguard for a period of three years to benefit a single entity for the imminent occurrence of serious injury despite clear evidence of (the company) posting a healthy net income during the investigation period and embarking on expansion programs is not fair to the downstream industry, (which is) expected to suffer from any decision favoring the request,” the PPIA said.

The commission’s recommendation on HDPE has been forwarded to the DTI.

The implementing rules and regulations of Republic Act 8800 or the Safeguard Measures Act gives the Trade Secretary within 15 calendar days from receipt of the report to rule on the recommendation.

BusinessWorld asked the commission to comment on the PPIA statement but it had not replied at the deadline. — Revin Mikhael D. Ochave 

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!



The Filipino spirit of giving remains in full force as people prepare for Typhoon Karding which is moving towards the Philippine Area of Responsibility....

Editor’s Pick

Immigration rules are set to be loosened as part of Liz Truss’s mission to boost growth. The Prime Minister is expected to expand the...


REUTERS KYIV — The United States warned on Sunday of “catastrophic consequences” if Moscow uses nuclear weapons in Ukraine, after Russia’s foreign minister said...


South Korean President Yoon Suk-yeol. — REUTERS SEOUL — South Korean President Yoon Suk-yeol said on Monday “untrue” media reports over his remarks threatened...


STOCK PHOTO Image by Stefan Schweihofer from Pixabay TOKYO — The British pound tumbled nearly 5% to an all-time low on Monday as investors...


Follow us on Spotify BusinessWorld B-Side Nuclear energy has a bad reputation in the Philippines. That the Bataan Nuclear Power Plant is unfit and unsafe...

You May Also Like


BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...


KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...


REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...


COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.