Page 132 - CW E-Magazine (9-4-2024)
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TRADE MEASURE
Anti-dumping probe initiated into imports of aceto-
nitrile, PVC resin and insoluble sulphur
The Directorate General of Trade ing duty on imports of PVC resin from
Remedies (DGTR) in the Commerce these seven countries. They have high-
and Industry Ministry has initiated an lighted that there is a clear history of
anti-dumping investigation concern- dumping of this product from these
ing imports of acetonitrile, an organic seven countries and were subjected to
chemical, from China, Russia and an antidumping duty between January
Taiwan. The investigation, following 23, 2008 and February 9, 2022. It was
an application of a leading domestic submitted that volume of imports went
producer, Alkyl Amines Chemicals up 65 percent in 2022-23 as soon as the
Ltd., was initiated by a notifi cation validity of anti-dumping duty expired.
dated March 26, 2024. Indonesia, Japan, South Korea, Taiwan,
Thailand and USA. Insoluble sulphur
The applicant has alleged that mate- The DGTR has also initiated anti-
rial injury is being caused to the domes- Three of the fi ve domestic producers dumping investigation on ‘insoluble
tic industry due to the dumped imports, of PVC suspension resins in India fi led sulphur’ imports from China and Japan.
originating in or exported from the sub- the petition seeking the probe. The Oriental Carbon & Chemicals Ltd. had
ject countries and has requested for the petitioners are Chemplast Cuddalore fi led the application seeking the probe.
imposition of anti-dumping duties. The Vinyl Ltd., DCM Shriram Ltd., and DCW
period of investigation is 1st October Ltd. The other two producers – Finolex Insoluble sulphur, which is an
2022 to 30th September 2023, and the Industries and Reliance Industries Ltd. important rubber additive agent, is
injury period spans 2020-21, 2021-22, had neither supported or opposed the widely used in the manufacture of tyre,
2022-23 and the period of investigation. application. The period of investigation tread, shoes, all kinds of automobile
is 1st October 2022 to 30th Septem- rubber parts and other rubber products.
PVC suspension grade resin ber 2023, and the injury period spans It is an essential raw material in tyre
In another development, the DGTR 2020-21, 2021-22, 2022-23 and the production and improves product qua-
has notifi ed initiation of anti-dump- period of investigation. lity, wearability and resistance to both
ing investigation concerning imports fatigue and ageing. Insoluble sulphur is
of Suspension Grade polyvinyl grade The applicants have sought retro- mainly used as a vulcanisation accelera-
(PVC) resin imported from China, spective imposition of the anti-dump- tor and agent in the rubber industry.
FERTILISERS
SPIC resumes urea production at cyclone-hit
Tuticorin plant
After a temporary shutdown in facturing process to natural gas feed-
December 2023 due to fl ooding from stock utilization. “We are immensely
Cyclone Michaung, South India based proud of the unwavering commitment
fertiliser major, SPIC Ltd., has announced and resilience demonstrated by our
resumption of urea production at its plant employees throughout this challeng-
in Tuticorin, Tamil Nadu, effective March have dedicated and tirelessly worked to ing period. Their contributions were
18, 2024. replace damaged equipment and restore instrumental in achieving this swift
the plant. Critical modifi cations were operational restart,” the company said
“Over the past few months, our team also made to fully transition our manu- in a social media post.
132 Chemical Weekly April 9, 2024
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