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Classification Phraseology as of:
9/1/2023
 
Classification Code:
4558(2)
 
Phraseology:
RESIN MFG. — synthetic
Footnote:
This classification applies to the manufacture of synthetic resins, including but not limited to non-water soluble resins used in connection with plastic manufacturing operations.

The manufacture of paint, varnish or lacquer products shall be classified as 4558(1), Paint, Varnish or Lacquer Mfg.

The manufacture of inks, adhesives, waxes or polishes shall be classified as 4557, Ink, Adhesive, Polish or Wax Products Mfg.

The manufacture of chemicals, including but not limited to polyethylene, polypropylene or polystyrene shall be classified as 4829, Chemical Mfg.

Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
9/1/2023$2.57New/Renewal
9/1/2022$2.81New/Renewal
9/1/2021$2.76New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
RESIN MFG. — synthetic

Footnote:
This classification does not apply to the manufacturing of polyethylene, polypropylene or polystyrene.

1/1/2017
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