PAN, the principal commercial form of phthalic acid, is an important chemical intermediate in the plastic industry. Its uses include plasticisers, polyester resins, alkyd resins used in paints and lacquers, polyester polyols, dyes and pigments.
The decision was taken following requests for such a review by IG Petrochemicals Limited (IGPL), Thirumalai Chemical Industries Limited (TCL) and TCL Intermediates Private Limited (TCLIPL), a fully-owned subsidiary of TCL.
Another Indian producer KLJ Petroplast Limited has supported the application.
The request also included Indonesia, but DGTR did not consider that country in its sunset review.
The original ADD investigation into imports of the product from China, Indonesia, South Korea and Thailand was initiated by the authority on May 21, 2020.
After thorough investigation, it was concluded that the product was being dumped from these countries in the Indian market and was causing material injury to the domestic industry.
Therefore, DGTR had recommended imposition of ADD on the product from these countries on August 9, 2021.
The applicants claimed that the product being dumped into India are identical to the one produced by the domestic industry. There are no differences either in the technical specifications, quality, functions or end-uses of the dumped imports and the domestically-produced product.
Fibre2Fashion (DS)
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