Monday, January 30, 2012

Anti-dumping duty on morpholine from EU, China, US

The Finance Ministry has imposed definitive anti-dumping duty on ‘morpholine' imports from China, the European Union and the US. This duty will last for five years with effect from September 20, 2011— the date of imposition of provisional anti-dumping duty. Morpholine is used as a chemical intermediate in the rubber industry. It also finds application in corrosion control and in the synthesis of a large number of drugs. This chemical is also used for crop protection agents, dyes and optical brighteners. It is also used by the cosmetics industry. Balaji Amines Ltd had filed the petition seeking anti-dumping probe on imports of ‘morpholine' from China, European Union and the US. This company is the sole producer of morpholine in the country.
Source: The Hindu Business line

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