The Finance Ministry has imposed definitive anti-dumping duty on ‘morpholine’ imports from China, European Union and the United States.
This duty will last for five years with effect from September 20, 2011 — the date of imposition of provisional anti-dumping duty.
Morpholine is used as a chemical intermediate in the rubber industry. It also finds application in corrosion control and in the synthesis of a large number of drugs. This chemical is also used for crop protection agents, dyes and optical brighteners. It is also used by the cosmetics industry.
Balaji Amines Ltd had filed the petition seeking anti-dumping probe on imports of ‘morpholine’ from China, European Union and the US. This company is the sole producer of morpholine in the country.
Based on the recommendations of the Designated Authority in the Commerce Ministry in its final findings, the Revenue Department has now imposed a definitive anti-dumping duty of $0.29 per kilogram on ‘morpholine’ produced and exported by Anhui Haoyuan Chemical Group Ltd, China.
For other producers and exporters of morpholine from China, the definitive anti-dumping duty has been pegged at $0.63 per kilogram.
In the case of morpholine produced by BASF and exported from the European Union, the anti-dumping duty has been pegged at $0.35 per kilogram. For other producers and exporters from the European Union, the definitive duty has been pegged at $0.68 per kilogram.
The Revenue Department has also imposed definitive anti-dumping duty of $0.50 per kilogram on morpholine produced and exported by Huntsman Petrochemical Corporation, USA. For other producers and exporters of this chemical from the US, the anti-dumping duty has been pegged at $0.81 per kilogram.
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Published on January 27, 2012
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