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

To discuss issues facing the chemical industry go to ICIS connect


By: Bohan Loh
+65 6780 4359



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