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News Knauf Gypsum Philippines files petition to remove import duty on Omani gypsum

Knauf Gypsum Philippines files petition to remove import duty on Omani gypsum

Written by Global Cement staff 01 March 2023
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Philippines: Knauf Gypsum Philippines has petitioned the Philippines Tariff Commission to reduce the import duty on imports of Omani gypsum to 0% of value. Currently, Oman’s gypsum enjoys a most favoured nation (MFN) reduced tariff rate of 3%. The Oman Daily Observer newspaper has reported that high gypsum wallboard demand has created short supply of gypsum in the Philippines, according to Knauf Gypsum Philippines. Beside the company’s wallboard operations, the raw material is also critical to cement production in the country.

The Philippines receives a minor share of Oman’s 8.74Mt/yr of natural gypsum exports. The Southeast Asian country has a housing backlog of 6m units.

Published in Global Cement News
Tagged under
  • Philippines
  • Knauf
  • Gypsum
  • Import
  • Tax
  • Oman
  • GCW597
  • Knauf Gypsum Philippines
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