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MOSCOW (MRC) -- India to renew
antidumping duty on PA imports from Russia, removes Japan from ADD list, said Chemweek.
Latest
ADD on Russian PA imports extends previous five-year period imposed in 2014;
Japan removed after being deemed unlikely to resume dumping
activities.
The Directorate General of Trade Remedies (DGTR) of India on
5 January recommended continuing the ADD after its investigation showed that
“there is likelihood of continuation or recurrence of dumping and injury if the
existing ADDs are allowed to cease." he south Asian country’s previous five-year
ADD on Russian PA imports expired in December 2020.
The DGTR launched the
probe in December 2020 after receiving complaints from domestic producers IG
Petrochemicals, Thirumalai Chemicals and the SI Group India Ltd. “Domestic
producers will be able to cater to complete demand of the product in India,” the
DGTR said in its review. "The two existing producers of PA have already expanded
their capacity and commercial production in respect of expanded capacity is
going to start soon,” it added, referring to Thirumalai Chemicals and IG
Petrochemicals.
SI Group produces phthalates and derivatives. Imposition
of the new ADD is expected to begin within three months.
PA is used as a chemical intermediate in the production of phthalate
plasticizers, saturated and unsaturated polyester resins. Phthalic anhydride is
widely used in for the production of paints and varnishes and plasticizers for
PVC products. In a small amount it is used in the manufacture of rubber
products, tires. In addition, it is used in the light, pharmaceutical and
electrical industries.
According to a MRC's DataScope report, last
month's SPVC imports into the Ukrainian market decreased to 2,100 tonnes from
2,100 tonnes in October, with North American PVC accounting for the decrease in
shipments. Overall SPVC imports reached 31,100 tonnes in January-November,
compared to 44,700 tonnes a year earlier.
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