http://www.globalchemicalprice.com - As a part of the interim budget Finance Minister P Chidambaram introduced a number of measures to boost growth of the manufacturing segment. He cut down excise rates on several capital goods and consumer goods to 10 per cent. For the chemical industry customs duty on non-edible grade industrial oils, fatty acids and fatty alcohols has been fixed at 7.5 per cent to support domestic manufacturing of soaps and oleo chemicals.