India imposes anti-dumping duty on pentaerythritol imports from China, Saudi Arabia and Taiwan

The Finance Ministry has imposed a definitive anti-dumping duty on all imports of Pentaerythritol from China, Saudi Arabia and Taiwan. 

• Also read:China’s share in India’s industrial goods imports jump to 30% from 21% in last 15 yrs: GTRI

The anti-dumping duty will be valid for five years. The petition seeking anti-dumping probe on Pentaerythritol imports from these countries was filed by Kanoria Chemicals & Industries. 

Pentaerythritol, an organic compound, is used in the surface coating industry. It is also used to manufacture alkyl resin, plasticizers, printing inks, synthetic rubber, plastic stabilizers, detonators, explosives, pharmaceuticals, and synthetic lubricants.

In the case of Pentaerythritol imports from China, the revenue department has imposed anti-dumping duty of $ 345.15 per tonne. 

For Pentaerythritol imports from Saudi Arabia, the anti-dumping duty has been pegged at $ 300.15 per tonne. 

In the case of Pentaerythritol imports from Taiwan, the revenue department has imposed anti dumping duty of $ 499.01 per tonne. 

The Directorate General of Trade Remedies (DGTR) recommended in its final findings in February this year the imposition of a definitive anti-dumping duty on Pentaerythritol imports from China, Saudi Arabia and Taiwan. 

• Also read:Chemical firms feel Chinese import heat, knock Centre’s door for anti-dumping action

In May last year, the DGTR initiated an anti-dumping probe on all imports of Pentaerythritol from China, Saudi Arabia, Russia, and Taiwan. 

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