Raw Silicone Export Tax Refund Canceled, HONG YE SILICONE Foc
Keywords: HONG YE SILICONE, silicone export, finished silicone, VAT refund policy
Summary: VAT refund for primary polysiloxane raw materials is canceled. HONG YE SILICONE shifts export focus to certified high-performance finished silicone.
Details: The policy squeezes profit of raw silicone exporters and accelerates industrial transformation. HONG YE SILICONE adjusts overseas product structure, prioritizing REACH & FDA certified LSR, thermal conductive silicone and medical silicone. High-value finished silicone accounts for over 38% of total export volume currently.