Anti-Dumping investigation on Purified Terephthalic Acid initiated
The Dollar Business Bureau Yet another investigation is initiated for the anti-dumping concerning imports of Purified Terephthalic Acid (PTA) that are originating in or are exported from China PR, Iran, Indonesia, Malaysia & Taiwan. MCC PTA India Corp. Pvt. Ltd., and Reliance Industries Limited have jointly filed an application before the designated authority of Directorate General of Anti-Dumping & Allied Duties for initiating the anti-dumping investigation. The usual process of the filing has seen its success as the authorities have found a prima-facie evidence of the dumping of the ‘subject goods’ originating from ‘subject countries’ to the domestic industry. The decision has been taken to initiate the investigation into alleged dumping and the consequent injury to the domestic industry, so that ...
