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.
MRC