Anhydrous ammonia
Toluene
Styrene
Dichloromethane (methylene chloride)
Vinyl chloride monomer
Methanol (methyl alcohol)
Isopropyl alcohol
Monoethylene Glycol (MEG)
Phenol
Acetic acid
Vinyl acetate monomer
Purified Terephthalic Acid (PTA)
Ethylenediamine
Di Ethanolamine and Mono Ethanolamine
Toluene di-isocyanate
Ammonium nitrate
Linear alkylbenzenes
Polymers of ethylene (including Ethylene-vinyl acetate)
Polypropylene
Polystyrene
Styrene-acrylonitrile (SAN)
Acrylonitrile-butadiene-styrene (ABS)
Polyvinyl Chloride (PVC)
Polytetrafluoroethylene
Polyvinyl acetate
Polyvinyl alcohol
Poly (methyl methacrylate)
Polyoxymethylene (POM- acetal)
Polyols
Polyether Ether Ketone (PEEK)
Epoxy resins
Polycarbonates
Alkyd resins
Poly ethylene terephthalate (PET) Chips
Unsaturated polyester resins
Poly butylene terepthalate
Formaldehyde, Urea formaldehyde, Melamine formaldehyde, Phenol formaldehyde
Polyurethanes
Polyphenylene sulphide (PPS)
Poly butadiene, Styrene butadiene
As energy supply disruptions due to the ongoing Middle East conflict stretch into a second month, the government has moved to cushion the impact on domestic industries by granting a full customs duty exemption on select critical petrochemical products, providing much-needed short-term relief. The decision, which will be applicable until June 30, will address supply chain challenges and ensure that essential petrochemical inputs remain available for industrial use across the country."This measure has been taken as a temporary and targeted relief in order to ensure continued availability of critical petrochemical inputs for domestic industry, reduce cost pressures on downstream sectors, and safeguard supply stability in the country," the statement read.The government described the move as a targeted and time-bound measure, aimed towards at easing cost pressures faced by downstream sectors while maintaining stability in supplies. The exemption is expected to support industries that rely heavily on petrochemical feedstock and intermediates.Sectors likely to gain from the decision include plastics, packaging, textiles, pharmaceuticals, chemicals, automotive components, along with other manufacturing segments that depend on such inputs for production.The relief is also expected to extend to end consumers, as lower input costs may help reduce the burden on final product prices.Here's a list of products set to benefit from the exemption:In a bid to ease the impact of soaring crude prices on consumers and oil companies, the Centre earlier reduced excise duty. For Indian refiners, crude costs have surged 62% this month compared to February, and the duty cut is expected to result in a revenue shortfall of Rs 1.3 lakh crore for the exchequer.At the same time, Union minister of chemicals and fertilizers JP Nadda held discussions with state Agriculture Ministers and Chief Ministers regarding the availability of urea and DAP, assuring full support. Sources added that Union minister of agriculture and farmers Welfare Shivraj Singh Chouhan is also meeting Union minister JP Nadda in Parliament.