XN000022-1974-01-31 — Page 4

Thursday, January 31, 1974

FURTHER EXTENSION OF EXPORT QUOTA CONTROLS ON PLASTICS

Export quota controls are to be imposed on a further two categories of plastic raw materiale, the Commerce and Industry Department

announced today.

The items concerned are low density polyethylene granules, moulding

and extrusion compounds and P.V.C. resins.

Both materials are used extensively by the local plastics manufacturing industry for the production of polythene bags, imitation

flowers, toys, footwear and piping.

A Commerce and Industry Department spokesman said that export

quota controls are being imposed because the quantities licensed for export since January 1 this year are substantially in excess of the monthly

average for 1973.

The issue of export licences has been suspended until quotas have

been calculated and notified to the trade.

An export licensing scheme to cover 55 different categories of

plastic raw materials was introduced at the beginning of the year, and four

of these items have now been made subject to quota control.

The two categories on which controls are already in force are

polypropylene and high density polyethylene. The local plastics industry

uses substantial quantities of both items for the manufacture of household

products.

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