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Saturday, March 9, 1974

LAST STAGE OF PLASTICS SHARE-OUT

A share out of two essential raw materials to local plastics

firms is now in its final stage.

Allocations on a quota basis have been arranged by the Commerce

and Industry Department to about 1,100 smaller firms qualifying to

receive supplies.

About four million pounds of polystyrene and 1.5 million pounds

of polyethylene have been made available for allocation by importers

and larger manufacturing firms.

The quotas for polystyrene, which have already been issued,

amount to 95 per cent of the March supply requirements submitted by

firms qualifying to participate in the share-cut.

Issue of quotas for polyethylene is now being completed.

The amount available for distribution in four different categories

ranges from 25 to 65 per cent of supply requirements for the current

month.

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