Policy

Phthalic Anhydride: Anti-dumping duty on imports from China, Indonesia, Thailand, South Korea

K.R.Srivats New Delhi | Updated on August 10, 2021

PAN is mainly used in the production of phthalate esters, which functions as plasticisers

The Finance Ministry has imposed definitive anti-dumping duty on Phthalic Anhydride (PAN) imports from China, Indonesia, Thailand and South Korea.

This duty, which will be applicable for five years, ranges from $40.08-140.17 per tonne depending on the producer and country of export.

Used in plastics industry

PAN is mainly used in the production of phthalate esters, which functions as plasticisers. It is an important chemical intermediate in the plastics industry.

Also read:Removal of anti-dumping duty on VSF to boost MMF segment, says industry

It is also used in the making of products such as polyester resins, alkyl resins used in paints and lacquers, unsaturated polyester resins, polyester polyols, dyes and pigments and insect repellents.

The latest revenue department move to impose anti-dumping duty on PAN imports from these countries comes after the Directorate General of Trade Remedies ( DGTR) in its final findings recommended in May this year imposition of these duties.

Also read:Viscose Staple Fibre: DGTR recommends withdrawal of anti-dumping duty on imports from China, Indonesia

“IG Petrochemicals, SI Group and Thirumalai Chemicals had filed the petition seeking anti-dumping duty on PAN imports from China, South Korea, Indonesia and Thailand,” sources said.

It may also be recalled that government has in the past been taking anti-dumping actions on PAN imports from other countries including Russia and Japan.

Published on August 10, 2021

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like