Product description: The product under consideration (PUC) is ‘Para-Tertiary Butyl Phenol’ (PTBР), also known as 4 tert butylphenol/ p tert butylphenol/ PTBP Chemical/ para tert butyl phenol. The chemical formula is C10H14O, conforming to CAS no. 98-54-4. It is an organic aromatic compound and occurs in a white crystalline solid form with a distinct phenolic odour.
HS Codes: The PUC is classified under Chapter 29 of the Customs Tariff Act, 1975, under subheading 29071940.
Uses: PTBP is mainly used to manufacture a perfumery raw material para tertiary butyl cyclo hexyl acetate (PTBCHA). It is also used to manufacture a range of resins including epoxy, polycarbonate resins and phenolic resins.
Countries involved: China PR and Taiwan
Applicant: M/s Vinati Organics Limited
Period of investigation: 1st April 2024 to 31st March 2025 (12 months).
Injury period: 2021 –2022, 2022 –2023, 2023 –2024 and the POI.
Facts of the present case: The Applicant is the sole producer of
subject goods in India and started commercial production in July 2020. The
volume of imports from subject countries increased significantly, in both
absolute and relative terms, in the POI. The increase in imports took place
after anti-dumping duties were imposed on Korea RP, Singapore and USA. The
subject imports are suppressing domestic prices. Applicant’s market share has
declined whereas that of subject countries have increased. Although,
production, sales and capacity utilisation of Applicant has increased, it is
still incurring losses and has a negative ROI throughout the injury period. The
domestic industry is still in the process of recovering from past-ill effects
of dumping and has therefore also requested for retrospective imposition of
duties.