Jun 24, 2026 11:04 a.m.

Indonesia ratifies zero-tariff petrochemical incentives; market awaits official decree and enactment date

India weighs extension of petrochemical tariff waivers amid severe feedstock crunch and global LPG The Indonesian government has ratified the elimination of import duties on LPG and key plastic raw materials, though the petrochemical sector remains in a holding pattern pending the official legal decree and a definitive implementation date.

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