Comments
The Finance Ministry has imposed definitive anti-dumping duty on normal butanol imports from the EU, US, Singapore, Malaysia and South Africa.
Normal butanol is a primary alcohol that is a clear neutral liquid with a characteristic odour.
A large part of N-Butanol is converted into derivatives for use as solvents in coating industries and printing inks.
It also finds application as an extractant in production of drugs and natural substances, additives in polishes and cleaners and stabilisers in the textile industry.
Andhra Petrochemicals had filed the petition seeking an anti-dumping probe on normal butanol imports from the US, the European Union, Singapore, Malaysia and South Africa.
The anti-dumping duty, which will last for five years, ranged from 'nil' to $149.31 per tonne depending on the producer and country of export (among the EU, US, Singapore, Malaysia and South Africa).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.