TDI
India to extend anti-dumping measures to Europe, Saudi Arabia, Taiwan and UAE
The import to India of TDI used in flexible foam production could soon become more expensive for domestic buyers (Photo: PIE) |
The Indian competition authority DGAD (New Delhi; www.dgtr.gov.in) recently initiated an anti-dumping investigation on allegations relating to imports of the polyurethane feedstock TDI from the European Union, Saudi Arabia, Taiwan and the United Arab Emirates (UAE). The investigation will cover past years and, in particular, the period from 1 April to 30 September 2019.
India could thus soon be extending its punitive tariffs on TDI. Since the start of 2018, anti-dumping duties of 10-40% have already been in force on TDI imports from China, Japan and South Korea – see Plasteurope.com of 30.01.2018. If this recent submission from the sole domestic producer, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC, Bharuch, Gujarat / India; www.gnfc.in), is accepted, the companies affected in Europe would include BASF (Ludwigshafen / Germany; www.basf.com), BorsodChem (Kazincbarcika / Hungary; www.borsodchem-group.com), which belongs to Wanhua Chemical (Yantai, Shandong / China; www.whchem.com/en), and Covestro (Leverkusen / Germany; www.covestro.com).
India could thus soon be extending its punitive tariffs on TDI. Since the start of 2018, anti-dumping duties of 10-40% have already been in force on TDI imports from China, Japan and South Korea – see Plasteurope.com of 30.01.2018. If this recent submission from the sole domestic producer, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC, Bharuch, Gujarat / India; www.gnfc.in), is accepted, the companies affected in Europe would include BASF (Ludwigshafen / Germany; www.basf.com), BorsodChem (Kazincbarcika / Hungary; www.borsodchem-group.com), which belongs to Wanhua Chemical (Yantai, Shandong / China; www.whchem.com/en), and Covestro (Leverkusen / Germany; www.covestro.com).
10.03.2020 Plasteurope.com [244702-0]
Published on 10.03.2020