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PP anti dumping duty shocks

Anti-dumping duty (ADD) on polypropylene (PP) imports from Singapore, Saudi Arabia and Oman has finally been announced . And the high level of duties, which are company specific and range from $44.40/tonne to $1,033.65/tonne, has upset many processors...

Published 17 Jun 2009 14:33 by India Chemicals Blog

Filed under: Companies, Saudi Arabia, Oman, Government Policy, Singapore, polypropylene, ADD
Ouch! That hurts

I have been hearing that the Indian government will soon announce preliminary antidumping duty (ADD) on polypropylene (PP) imports from Saudi Arabia, Singapore and Oman. A few lucky producers/exporters have escaped but there are many who face a stiff...

Published 15 Jun 2009 13:44 by India Chemicals Blog

Filed under: Companies, Saudi Arabia, Petrochemicals, Oman, Government Policy, Singapore, economy, PP, dumping, ADD
Stimulus planned for textiles

India's synthetic fibre and fibre intermediate produces will be happy to know that the textile industry is likely to soon receive a number of incentives from the government. A stimulus package, due to be announced next month, would include subsidies...

Published 11 Jun 2009 12:09 by India Chemicals Blog

Filed under: China, exports, Petrochemicals, Government Policy, Fibre Intermediates, economy, Demand Drivers, textile, synthetic fibre
New Mangalore refinery shelved

ONGC has taken a difficult but sensible decision. It has finally shelved plans for a new 15m tonnes/year refinery and petrochemical complex at Mangalore. The project had been facing considerable resistance from the local population. In addition, questions...

Published 28 May 2009 8:33 by India Chemicals Blog

Filed under: Companies, Refining, Petrochemicals, Government Policy, economy
Will a new broom sweep clean?

It is good to be back to some good news. The election is finally over and the UPA has been voted back to power with promises of stability and more reforms. But the chemicals industry will have to deal with a new minister as Ram Vilas Paswan was not be...

Published 27 May 2009 8:23 by India Chemicals Blog

Filed under: chemicals, Fine Chemicals, Petrochemicals, Government Policy, Speciality Chemicals, Cuddalore, PCPIR, fertilizers, election, Tamil Nadu, Madurai, DMK, Azahgiri, minister, UPA
Green lobby strikes again

Chemplast Sanmar's new PVC plant is ready but commissioning remains uncertain as the company faces two petitions in the Supreme Court against the company's marine terminal facility that would be used to import vinyl chloride monomer feedstock...

Published 7 Apr 2009 10:40 by India Chemicals Blog

Filed under: Environment, Companies, Petrochemicals, Government Policy, Cuddalore, pollution, vinyls, Chemplast, PVC, Tamil Nadu, VCM
Confronting China

It's the turn of the Confederation of Indian Industry (CII) to highlight the threat of cheap Chinese imports . "The threat of dumping of cheap Chinese products in India is real and serious," says Venu Srinivasan, the new president of the...

Published 3 Apr 2009 7:00 by India Chemicals Blog

Filed under: China, Companies, Petrochemicals, Government Policy, Speciality Chemicals, economy, Demand Drivers, dumping, imports
New twist in Bhatinda story

Is Lakshmi Mittal having second thoughts about participating in the Bhatinda refinery project? This report suggests that Mittal might walk out of the project if the state government does not extend fiscal incentives that had been promised a few years...

Published 30 Mar 2009 7:21 by India Chemicals Blog

Filed under: Companies, Refining, Petrochemicals, Government Policy, refinery, polypropylene, Bhatinda, Mittal
Self-preservation first

India is aggressively moving to protect domestic companies with more news trickling in on safeguard and antidumping duties. The government is planning to initiate safeguard duty investigations on Chinese imports of 12-13 products from the chemicals and...

Published 17 Mar 2009 4:23 by India Chemicals Blog

Filed under: China, Saudi Arabia, Petrochemicals, Oman, Government Policy, soda ash, Speciality Chemicals, Singapore, economy, PP, dumping, safeguard duty, phthalic anhydride, nylon
Let's talk about demand

The Indian government is reportedly planning a stimulus package for chemicals. But I don't think this can be called a stimulus package as the proposals seem to be mainly about tariff reduction. The department of chemicals and petrochemicals is once...

Published 6 Mar 2009 5:24 by India Chemicals Blog

Filed under: China, Companies, Petrochemicals, Government Policy, Speciality Chemicals, economy, naphtha, subsidy
Getting off the starting block

So the government has finally approved three Petroleum, Chemical and Petrochemical Investment Regions (PCPIRs). Now comes the difficult part. Who is going to undertake mega investments at a time at a time when the global economic outlook is uncertain...

Published 24 Feb 2009 5:15 by India Chemicals Blog

Filed under: China, Companies, Refining, Petrochemicals, ONGC, GAIL, Dahej, Government Policy, Nayachar, economy, PetroChina, Sinopec, Vishakhapatnam, Demand Drivers, TOTAL, PCPIR, HPCL
Lobbying for protection

Protecting local companies during these difficult times is back on the Indian government's agenda. Antidumping investigations are on the rise with companies working hard to prove that low priced imports are hurting their businesses. The government...

Published 30 Jan 2009 7:34 by India Chemicals Blog

Filed under: China, Companies, Petrochemicals, Government Policy, economy, caustic soda, polyol, dumping, South Korea, melamine, nitrile rubber, synthetic rubber, ADD
Naphtha is back in fashion

A steep drop in petrochemicals demand had dragged down naphtha prices in the last two months. But low prices have stinulated demand, not only from crackers but also from fertiliser and power plants. With naphtha below $300/tonne, some Indian fertiliser...

Published 19 Dec 2008 14:03 by India Chemicals Blog

Filed under: Oil, Companies, Refining, Petrochemicals, Government Policy, fertiliser, economy, naphtha, LNG
New brooms sweep clean

I should not be surprised that Maharashtra's new chief minister is having second thoughts about Dow Chemical's plans for a research centre at Chakan, near Pune. Unfortunately, I am. I fail to see how a research centre will increase pollution....

Published 18 Dec 2008 5:38 by India Chemicals Blog

Filed under: R&D, Dow Chemical, Companies, Government Policy, Chakan, pollution
Mumbai terror dents confidence

The deplorable terror attacks at Mumbai threaten to further shake business confidence in India at a time when companies across industrial sectors are struggling to cope with severe erosion in demand and profitability and the economy is straining to overcome...

Published 27 Nov 2008 14:15 by India Chemicals Blog

Filed under: Companies, Government Policy, economy, Mumbai, terrorist attacks

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