India launches antidumping probe on EU, Japan PVC paste resins

MUMBAI (ICIS)–India has initiated an antidumping investigation into imports of polyvinyl chloride (PVC) paste resin from the EU and Japan.

In a notification on 24 January, the country’s Directorate General of Trade Remedies (DGTR) said the probe was in response to a complaint from domestic producer Chemplast Sanmar Ltd.

Chemplast and Finolex Industries are the only domestic producers of PVC paste resins.

The ADD investigation will cover 18 months from 1 April 2023 to 30 September 2024, while the injury investigation period will be three fiscal years from April 2020 to March 2023. India’s fiscal year ends in March.

It is expected to last one year, with preliminary findings usually made within 60 to 70 days from the start of the probe.

In December 2024, the DGTR recommended imposition of ADDs of $89/tonne to $707/tonne on PVC paste resin imports from China, South Korea, Malaysia, Norway, Taiwan and Thailand for five years.

PVC paste resin is usually mixed with plasticizers and additives and used to create various products including wallpapers, automotive sealant, industrial coatings, tarpaulins, adhesives, gloves and synthetic leather.