Brazil reduces import tariff on bisphenol A

20 March 2009 22:42  [Source: ICIS news]

SAO PAULO (ICIS news)--Brazil has reduced the import tariff of bisphenol A (BPA) to 2% from 12%, the nation's Chamber of Foreign Commerce (Camex) said on Friday.

The tariff reduction will last for six months, and it will apply only to the first 3,000 tonnes of a shipment, Camex said.

The tariff reduction was based on a Mercosur resolution, which allows special measures to be taken that would guarantee normal supplies in member countries, the chamber said.    

BPA is used to make polycarbonate (PC) and epoxy resins.

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By: Hellen Berger
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