The Finance Ministry has imposed a definitive anti-dumping duty on all imports of Pentaerythritol from China, Saudi Arabia and Taiwan.\u00a0<\/p>\n
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.\u00a0<\/p>\n
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.<\/p>\n
In the case of Pentaerythritol imports from China, the revenue department has imposed anti-dumping duty of $ 345.15 per tonne.\u00a0<\/p>\n
For Pentaerythritol imports from Saudi Arabia, the anti-dumping duty has been pegged at $ 300.15 per tonne.\u00a0<\/p>\n
In the case of Pentaerythritol imports from Taiwan, the revenue department has imposed anti dumping duty of $ 499.01 per tonne.\u00a0<\/p>\n
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.\u00a0<\/p>\n
In May last year, the DGTR initiated an anti-dumping probe on all imports of Pentaerythritol from China, Saudi Arabia, Russia, and Taiwan.\u00a0<\/p>\n