China Cancels Export Tax Rebate for Primary Polysiloxane, Hon
Keywords: Export tax rebate, primary polysiloxane, silicone export, policy adjustment, Hongye Silicone
Core Sentence: China cancels export tax rebate for primary polysiloxane from April 1; Hongye Silicone increases the export ratio of deep-processed silicone products.
Details:
According to the latest tax policy, China has canceled the export tax rebate (originally 13%) for primary polysiloxane products since April 1. The policy aims to encourage the export of high-value-added deep-processed products and optimize the industrial structure. Hongye Silicone actively responds to the policy, reducing the export volume of low-value primary materials such as DMC and 107 rubber, and increasing the export ratio of mold silicone, electronic potting glue, food-grade silicone and other deep-processed products, effectively enhancing the profitability of export business.
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