Initiation of anti-dumping investigation concerning import of Isopropyl Alcohol (“IPA”) from China (29.09.2023)

Product description – The product under consideration is Isopropyl Alcohol, also known as IPA. It is a compound with the chemical formula CH3CHOHCH3.

HS Codes – 2905 12 20.

Uses – IPA is used to manufacture industrial and household chemicals, and is used in the production of bulk drugs. It is also used as common ingredient in chemicals such as antiseptics, disinfectants, and detergents.

Country Involved – China

Applicant – Deepak Fertilisers and Petrochemicals Corporation Limited

Period of investigation –  1st April 2022 to 31st March 2023

Injury period – 2019-20, 2020-21, 2021-22 and the period of investigation

Facts of present case – The present application was filed for redressal of dumping and injury caused due to imports of IPA from China. The evidence submitted by the applicant shows that the domestic industry is suffering material injury due to increase in volume of imports in absolute and relative terms. Such imports were undercutting the prices of the domestic industry due to which the profitability as well as return on capital employed of the domestic industry has declined. Domestic industry has also suffered due to decline in capacity utilization and production and increase in inventories.