With an aim to protect the domestic players against cheap chemical imports, the government may impose anti-dumping duty of up to $397 per tonne on the imports of Sulphonated Naphthalene Formaldehyde chemical from China.
The Directorate General of Antidumping and Allied Duties (DGAD) which administers the anti-dumping and countervailing measures in India, has recommended the imposition of definitive anti-dumping duty on imports of such chemical for a period of five years, as it found that the chemical has been exported to India from China at below normal value, causing material injury to the domestic industry.
Himadri Speciality Chemical, which is an integrated specialty carbon entity and one of the leading manufacturers of coal tar pitch (CTP), carbon black and SNF (Sulphonated Naphthalene Formaldehyde), had filed an application for initiation of anti-dumping investigation concerning imports of ‘SNF’ originating in or exported from People’s Republic of China.