Indonesia scraps import duties on LPG, plastic materials
Jakarta, June 23 -- The Indonesian government has removed import duties on LPG for the petrochemical industry, plastic raw materials, and aircraft spare parts as part of its economic stimulus package for the second half of 2026.
Coordinating Minister for Economic Affairs Airlangga Hartarto said the tariff exemptions are aimed at reducing production costs and helping domestic industries secure alternative raw materials to replace naphtha amid global economic uncertainty.
"Following the President's directive, and in response to the current uncertainty, the government is providing incentives for imports of LPG and plastic raw materials," Airlangga said during a press conference here on Monday (June 22), adding that the government has set a...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.