Product Description – Phthalic Anhydride (PAN) is an anhydride of Phthalic Acid and is commercially produced by catalytic oxidation of Ortho-xylene or Naphthalene. It is a colorless solid, variously referred as Phthalic Anhydride flakes, Phthalic Anhydride (98% min.), Phthalic Acid Anhydrous, Phthalic Anhydride (99.8% min), etc. Specifications of Phthalic Anhydride includes its physical appearance, color of solid flakes, color of molten product, solidification point, Phthalic Anhydride content by weight, other anhydrides & organic impurities’ content by weight and acidity index.
HS Code – 29173500.
Uses – The product is used to produce Phthalate esters, which function as plasticizers and hence are an important chemical intermediate in plastic industry.
Country Involved – China PR, Indonesia, Korea RP and Thailand
Date of Initiation – 21st May 2020
Period of Investigation – April 2019 to March 2020.
Injury Period – April 2016 to March 2017, April 2017 to March 2018, April 2018 to March 2019 and the POI.
Final Findings – 19th May 2021
Dumping Margin, Injury Margin, Proposed Duty–
The following exporter specific dumping margin, injury margin and proposed duty has been determined by the Designated Authority.
|SN||Country||Producer||Dumping Margin Range (%)||Injury Margin Range (%)||Proposed Duty (USD/MT)|
|3||Korea RP||Aekyung Petrochemical||0-10||0-10||41.26|
|Hanwha Solution Corporation||0-10||0-10||41.64|
|4||Thailand||Continental Petrochemicals Co Limited||10-20||0-10||63.06|
Key Findings –
- Dumping margin is above de-minimis for all the participating producers and the subject countries.
- Raystar Corporation, Korea RP has filed an incomplete response. The Authority has therefore, rejected the response filed by it.
- Domestic industry has suffered material injury.
- Injury to the domestic industry has been caused due to dumped imports form the subject countries.
- Due to dumping of subject goods in India, the domestic industry was forced to export at significantly low and unremunerative prices.
- Factors such as no quantification of adverse impact of duties by the interested parties, significant capacity expansions in the country which will ensure no demand and supply gap, inter-se competition between Indian producers, and absence of any evidence of adverse impact of anti-dumping duties imposed in the past on the subject goods reasonably demonstrates that imposition of duties will not be against public interest.