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SARS hits Haldia Petrochem`s exports performance
Kolkata, Apr 28: Severe acute respiratory syndrome (SARS) is now taking its toll on the export performance of petrochemical firms in the country as China has significantly lowered its demand for polymer products.
Kolkata, Apr 28: Severe acute respiratory syndrome (SARS) is now taking its toll on the export performance of petrochemical firms in the country as China has significantly lowered its demand for polymer products.
A senior official of Haldia Petrochemicals Limited (HPL)
told that lowering of off take from China has badly
affected export prospects of the company. He said as a result
of this, HPL's sales during April would take a slide.
The official said China is a major international buyer of polymer products. The company's monthly sales comprise almost 20 per cent of exports, of which a significant part was directed to the Chinese market.
Besides SARS, the truckers' strike had also affected sales as internal demand could not be met, the official said.
The official said China is a major international buyer of polymer products. The company's monthly sales comprise almost 20 per cent of exports, of which a significant part was directed to the Chinese market.
Besides SARS, the truckers' strike had also affected sales as internal demand could not be met, the official said.
Bureau Report