Product description – The products under consideration are

1. Potassium Tertiary Butoxide, or KTB.  
2. Sodium Tertiary Butoxide, or STB.

HS Codes – 29051490, 29051990 and 29054900.

Uses –

1. KTB is a strong alkoxide base compound used in deprotonation reactions, organic synthesis, elimination reaction, condensation reactions, dehalogenation reactions. It is also used in active pharmaceutical intermediates (APIs).
2. STB is a strong base used in reactions such as deprotonation, condensation, base catalysed, rearrangement and ring-opening. It is used in agrochemicals, pharmaceuticals, colorants, aroma chemicals, polymers, detergents and biodiesel. 

Countries Involved –

1. KTB – China PR and the United States of America
2. STB – China PR.

Applicant – Suparna Chemicals Limited

Period of investigation – 1^st October 2022 to 30^th September 2023.

Injury period – 1^st April 2020 – 31^st March 2021, 1^st April 2021 – 31^st March 2022, 1^st April 2022 – 31^st March 2023 and the period of investigation.

Margins and recommended duties:

Product	Country	Producer	Dumping Margin (%)	Injury Margin (%)	Duty ($/MT)
KTB	China PR	GenChem & GenPharm (Changzhou) Co., Ltd.	10-20	0-10	929
		Any other	20-30	10-20	1,710
	USA	Any exporter/ producer	10-20	0-10	984
STB	China PR	GenChem &GenPharm (Changzhou) Co., Ltd.	0-10	(0-10)	Nil
		Any other	20-30	0-10	304

Key Findings –

1. The export price from India to the EU is not appropriate for determination of normal value for China as there are significant differences in the levels of economic development between EU and China.
2. The normal value for China has been determined based on cost of production of the domestic industry with reasonable adjustments and profits.
3. The dumping margin for the responding exporter/producer is based on its response.
4. The increase in net fixed assets, depreciation and capital employed without an increase in production is on account of expenses incurred in respect of utilities and replacement of dryers.
5. Injury cannot be attributed to increase in interest costs as the same is found negligible in comparison to total costs.
6. Duties will not have an adverse impact on public interest and shall have negligible impact on the consumers.
7. The deteriorating performance of the domestic industry may threaten supply for critical sectors in peril and non-imposition of duties is likely to render domestic industry unviable making the market vulnerable to supply only by foreign producers.

Injury for KTB –

1. The volume of subject imports increased in absolute and relative terms. The subject imports have significantly undercut the prices of the domestic industry and caused supressing effects on the domestic prices.
2. The market share of the domestic industry has declined despite an increase in demand. The domestic industry has suffered from declining capacity utilisation and profitability. The domestic industry has incurred losses in the period of investigation.

Injury for STB –

1. The volume of subject imports increased in absolute and relative terms in the injury period. The subject imports have taken over the market of the domestic industry. The subject imports have significantly undercut the prices of the domestic industry and caused supressing effects on the domestic prices
2. The production, sales and capacity utilisation of the domestic industry has increased till 2021-22 and declined thereafter, in line with the demand.
3. The profits, cash profits and returns earned have declined and turned into losses in the period of investigation and the previous year.