European Union Cleared Middle Eastern SABIC and Octal of Suspicion of Subsidization and Dumping
December 29/2011
(chemmonitor) -- Recently, the investigations
conducted by the European Union in regard to polyethylene terephthalate (PET)
products supplied from the countries of the Middle East to the EU were stopped
since the complaints had been retracted.
The PET imports from Saudi Arabia and Oman were put under investigation
around a year ago on suspicion of subsidization and dumping.
Saudi Basic Industries Corporation (SABIC) and Oman-headquartered Octal were
suspected of unfair competition.
