Anti-dumping steps against EU, SA, Singapore

NEW DELHI: The government has initiated an anti-dumping investigation against imports of methylene chloride from European Union, South Africa and Singapore.
Directorate general of anti-dumping and allied duties, under the Commerce Ministry, has initiated the investigation on the basis of a petition filed by Vadodara-based Gujarat Alkalies and Chemicals Ltd on behalf of the domestic industry.
In its initiation notification, the DGAD said, "There is sufficient evidence that normal values of the product under consideration in the said countries are significantly higher than the prices at which it has been exported to India, indicating, prima facie, that the subject goods are being dumped by the exporters from the EU, South Africa and Singapore."
The period of investigation for the purpose of the present investigation is from April 2001 to March 2002.
The product, methylene chloride, is a solvent used in photo films, bulk drugs and pharmaceutical industries. It is also used for manufacture of foam, resin casting, fumigant and agrochemical and as a paint stripper.