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The Finance Ministry has imposed a definitive anti-dumping duty $664 per tonne on Pentaerythritol imports from Chinese Taipei (Taiwan). This duty will last for five years unless revoked earlier.
Pentaerythritol, an organic compound, is princiipally used in surface coating industries. It finds application in the manufacture of plasticisers, printing inks, alkyl resins, pharmaceuticals and synthetic rubber.
This Finance Ministry move follows recommendation by the designated authority in the Commerce Ministry in its final findings of sunset review investigations.
Kanoria Chemicals had filed the petition seeking continuation of anti-dumping duty on Pentaerythritol imports from Chinese Taipei.
Srivats.kr@thehindu.co.in
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