Product Description – The product under consideration is Beta Naphthol. It is also known as β-Naphthol and its chemical formula is C10H8O. It is naphthalene homologue of phenol available in the form of solid crystal flakes and dry powder form.
HS Codes – 2907 15 20 and 2907 15 10.
Uses – Beta Naphthol is used in making dyes, pigments and its intermediates. It is also used to make fats, oils, insecticides, pharmaceuticals, perfumes, antiseptics, fungicides. It also finds application as antioxidants for rubber; lubrication of steam turbines, electric motors, hydraulic equipment. It is also used as additive in electroplating, developer in dyeing and printing of fabrics, in tanneries and in the paints-lacquers-varnishes industry.
Country Involved – China
Applicant – Bodal Chemicals Limited
Period of Investigation – 1st October 2023 – 30th September 2024
Injury Period – 2021-22, 2022-23, 2023-24 and the period of investigation
Facts of the Present Case – The present application was filed by one of the three producers of Beta Naphthol in India. The applicant submitted that the domestic industry was facing material injury due to the dumped imports from the subject country. The dumped imports led to decline in cash profit, profits and return on investment of the applicant. Further, the prices of the domestic industry have been suppressed as well as depressed in the period of investigation.