UpdateIndia sets company-specific ADD on Saudi, Oman, Singapore PP

17 June 2009 11:57 [Source: ICIS news]

(recasts lead, adds table detailing different levies on each company from official documents)

SINGAPORE (ICIS news)--India’s Anti-Dumping Authority (ADA) has recommended levying company-specific duties ranging from $44.4/tonne (€31.97/tonne) to $1,033.65/tonne on polypropylene imports from Saudi Arabia, Oman and Singapore, based on official documents obtained by ICIS news on Wednesday.

In its preliminary report dated 15 June submitted to the Ministry of Finance, ADA said some companies that directly export their PP products or those that use specified marketing arms would be exempted from the provisional anti-dumping duties (ADD).

For instance, ADA has not recommended imposition of any levy on PP manufactured and exported by Oman Polypropylene LLC (OPP). But an ADD of $997.6/tonne would apply if OPP’s products were exported by another company.

But in the case of petrochemical giant ExxonMobil Chemical Asia Pacific, ADA has recommended a $44.43/tonne levy on PPs it produced and directly exported into India. Its materials would only be exempted from duties if they were to be exported through Mitsubishi Chemical Thailand (Co.) Ltd.

ADA had initiated an anti-dumping investigation following a petition from Reliance Industries Limited (RIL) in February.

The application was supported by Haldia Petrochemicals Limited (HPL), the only other domestic PP producer in India.

The ADD tariff would be applicable to homo-polymers of propylene and copolymers of propylene and ethylene.

($1 = €0.72)

Sr. No	Country of Origin	Country of Exports	Producer		Exporter	Duty Amount/tonne
1	Oman	Oman	Oman Polypropylene LLC		Oman Polypropylene LLC	Nil
2	Oman	Oman	Any combination other than as specified at Sr. No.1			$977.67
3	Oman	Any other than Oman	Any	Any		$977.67
4	Any country other than countries attracting Anti-dumping duty	Oman	Any	Any		$977.67
5	Saudi Arabia	Saudi Arabia	Advanced Polypropylene Co.	Advanced Polypropylene Co.		$440.48
6	Saudi Arabia	Saudi Arabia	Saudi Polyolefins Company	National Petrochemical Industrialization Marketing company/ Basell Polyolefins company		Nil
7.	Saudi Arabia	Saudi Arabia	Any combination other than as specified at Sr. No.5 and 6			$820.55
8.	Saudi Arabia	Any other than Saudi Arabia	Any		Any	$820.55
9.	Any country other than countries attracting Anti-dumping duty	Saudi Arabia	Any		Any	$820.55
10.	Singapore	Singapore	The Polyolefin Company (Singapore) Pte. Ltd.		Sumitomo Corporation Asia Pte. Ltd.	$81.20
11.	Singapore	Singapore	The Polyolefin Company (Singapore) Pte. Ltd.		Toyota Tsusho (Singapore) Pte.	$119.32
12.	Singapore	Singapore	The Polyolefin Company (Singapore) Pte. Ltd.		Marubeni Chemical Asia Pacific Pte. Ltd.	Nil
13.	Singapore	Singapore	The Polyolefin Company (Singapore) Pte. Ltd.		Itochu Plastics Pte. Ltd.	$472.29
14.	Singapore	Singapore	Exxon Mobil Chemical Asia Pacific		Exxon Mobil Chemical Asia Pacific	$44.43
15.	Singapore	Singapore	Exxon Mobil Chemical Asia Pacific, Singapore		Mitsubishi Chemical Thailand (Co.) Ltd.	Nil
16.	Singapore	Singapore	Any combination other than as specified at Sr. nos.10-15.			$1,033.65
17.	Singapore	Any other than Singapore	Any		Any	$1,033.65
18.	Any country other than countries attracting Anti-dumping duty	Singapore	Any		Any	$1,033.65

Source: India Ministry of Commerce and Industry

With additional reporting by Naresh Minocha and Prema Viswanathan

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By: Bohan Loh
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