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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(PET) products supplied from the countries of the Middle East to the EU were stopped since the complaints had been retracted.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.

Author:Marina Ivanova
Category:General News
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