Government Delays Industrial Chemical Regulations Amidst Oil Price Concerns

The government has deferred the application of new Flash Point Standards for industrial chemicals by six months, according to reports from Tribune and Dawn. This move comes as a response to concerns over oil prices and their impact on various industries. As a result, customs authorities have been instructed to release all consignments related to industrial chemicals and petroleum products. This decision is expected to affect industries such as textiles, pharmaceuticals, plastics, packaging, and chemicals. The delay is seen as a temporary measure to alleviate the burden on these sectors, but it remains to be seen how this will impact the long-term regulation of industrial chemicals in the country.