Monday, February 18, 1974
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APPLICATIONS INVITED FOR PLASTICS SHARE-OUT
Flastic firms were urged today to apply without delay to the
Commerce and Industry Department if they wish to participate in a scheme for a share-out of two essential raw materials.
The closing date for applications to be submitted is Friday,
February 22.
Circulars giving details of the scheme, together with forms on which to apply, were issued to about 2,100 firms registered with the department at the end of last week.
About five million pounds of polyethylene and polystyrene will be made available for allocation to smaller factories next month by major plastics manufacturers and importers of plastic materials.
The achere is open to all factories registered for the production of plastic goods on or before February 13, 1974, and whose registration is
still valid.
To qualify, a registered factory must have a total injection-moulding machine capacity of not more than 30 ounces, and its consumption of polye- thylene and polystyrere in 1972 and 1973 must not have exceeded an average of 20,000 lbs per month in total.
Further information about, the scheme can be obtained by contacting the Industrial Development Branch of the Commerce and Industry Department.
Inquiries should be referred to either Mr. T.Y. Poon, Trade Officer (Tel. 5-247316) or Hias 2.C.A. Wong, Assistant Trade Officer (Tel. 5-445884).
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