The Directorate General of Trade Remedies (DGTR) has released a revised list of interested parties in the ongoing anti-dumping inquiry concerning epichlorohydrin (ECH) imports from Korea, Thailand and China. This is aimed at fostering transparency and inclusivity in the investigation process.
The DGTR had extended the timeline up to November 30, 2023 for filing responses in the anti-dumping investigation. The DGTR's decision to revise the list comes following feedback received on the previously published notice dated November 3, 2023.
ECH is used in pharmaceutical API and can be produced using propylene as well as using glycerine.
Meghmani Finechem Limited had filed an application before the DGTR for initiation of an anti-dumping investigation concerning imports of ECH from Korea, Thailand and China. The applicant has alleged that dumping of imports of the subject goods originating in or exported from the subject countries has materially retarded the establishment of the domestic industry and has caused material injury to the domestic industry.
The updated list encompasses a diverse range of entities representing various segments of the industry involved in the production, export, import, and utilization of epichlorohydrin. From domestic industries to government bodies, producers, exporters, importers, and users, the revised list seeks to provide a comprehensive representation of interests affected by the anti-dumping measures.
Among the prominent parties listed are Meghmani Finechem Limited, which represents the domestic industry's interests, Royal Thai Government, which advocates for Thailand's trade concerns, AGC Vinythai Public Co. Ltd, producer or exporter from Thailand, importers or users like Cardolite Speciality Chemicals India LLP, Atul Limited, Hindustan Speciality Chemicals Limited, Grasim Industries Ltd, Hanwha Solutions Corporation, producer from Korea, Canko Marketing, Inc, exporter from Korea, Everlite Korea Co. Ltd, exporter from Korea, Minjin Corporation, exporter from Korea, Lotte Fine Chemical Co. Limited, exporter from Korea, Jiangsu Ruixiang Chemical Co., Ltd, producer or exporter from China, Ningbo Huanyang New Material Co., Ltd, producer, exporter from China, China Chlor-Alkali Industry Association, producer or exporter from China, Rishabh Metals and Chemicals Pvt. Ltd, importer or consumer, Sandeep Organics Pvt. Ltd, importer and Samsung C&T (Thailand) Company Limited, exporter from Thailand.
Devender Singh, joint director general (foreign trade) at DGTR, emphasized the importance of active participation and cooperation from all stakeholders in the investigation process. Singh noted that the revision aims to ensure a robust and inclusive examination of the allegations surrounding epichlorohydrin imports, ultimately leading to informed decision-making by the authorities.
The anti-dumping probe into epichlorohydrin imports reflects the government's commitment to upholding fair trade practices and safeguarding the interests of domestic industries. Stakeholders are urged to comply with the prescribed guidelines and actively engage in the investigative process to facilitate a fair and equitable resolution.
As the investigation progresses, stakeholders can anticipate further updates and opportunities for engagement. The outcome of the probe will have significant ramifications for trade relations and industry dynamics, underscoring the importance of collaborative efforts and adherence to regulatory procedures.
In conclusion, the issuance of the revised parties list marks a pivotal step in the anti-dumping investigation, signaling the government's dedication to transparency and fairness in trade remedies.
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