Financial Daily from THE HINDU group of publications
Saturday, Feb 09, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - Exports & Imports


Dumping probe on acyclic alcohols

Our Bureau

NEW DELHI, Feb. 8

THE Designated Authority in the Commerce Ministry has initiated anti-dumping investigation into the import of certain types of acyclic alcohols from Singapore, Brazil, Romania, Malaysia and South Africa.

In an initiation notification, the authority said that in the petition filed by National Organic Chemicals Industries Ltd (Nocil), Mumbai and Andhra Petrochemicals Ltd, Hyderabad, the products include acyclic alcohols - and their halogenated, sulphonated, nitrated or nitrosated derivatives - such as normal butanol or n-butyl alcohol, 2-ethyl hexaonol, iso butanol, sabutol, hexaonol, haptaonal, octanol and iso octanol, nonanol and iso nonanol, decanol and iso decanol and mixtures of these.

All these acyclic alcohols are produced from common raw material - olefins - and are utilised for similar end use, largely in the production of plasticisers.

The most important use for these alcohols is in forming esters (such as phthalates) for plasticising vinyl and other resins - they are used as solvents.

The authority said that the petitioners had furnished the data published by DGCI&S about imports of acyclic alcohols from subject countries to determine the export price of the subject goods.

There is sufficient evidence that normal value of the subject goods in the exporting countries is significantly higher than the net export price, indicating that the subject goods are being dumped by exporters.

Parameters pertaining to injury, such as price undercutting, price suppression and suffering of financial losses show that the domestic industry has suffered material injury on account of dumping.

The period of investigation is April 1, 2000 to June 30, 2001.

Send this article to Friends by E-Mail

Stories in this Section
Chemical cos seek changes in duty structure


Malnutrition takes heavy toll on economy
Defaulting States may get lower power allocation
Cost accounting norms for power sector promulgated
`Lack of power reforms affecting Kerala industries'
Tax revenue may fall
Bengal textiles chamber peeved
`Budget will have good news for textile sector'
Keep DEPB for 3 more years, says leather body
`Tech advances must focus on rural areas'
`Promote India as hub for R&D outsourcing'
Zuari-Chambal bids for Paradeep Phos
NPPA increases Rifampicin price
Strike shrinks Vizag EPZ turnover
ECGC factoring for exporters from April
Dumping probe on acyclic alcohols


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright © 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line