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July 31, 2017 02:00 AM

India imposes anti-dumping duties against EU, S. Korea and Thai SBR

Shahrzad Pourriahi
European Rubber Journal
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    DELHI, India—The Indian government has imposed anti-dumping duties against SBR imported from Europe, South Korea and Thailand.

    In a July 12 report, Indian Ministry of Commerce & Industry Department of Commerce said its investigations into SBR 1500 and SBR 1700 series products had established that there was dumping of product concerned from the subject countries and that the dumped imports were suppressing domestic prices.

    The highest duties were imposed on European imports. ESBR supplied by Czech Republic-based Synthos Kralupy A.S. and Polish firm Synthos Dwory 7 Sp. Z. Oo, will face a tariff of $207.49 per metric ton.

    Other EU suppliers also face a duty of $266 per ton, according to the findings.

    Other European companies that were investigated for anti-dumping duties were Versalis S.p.A., Lanxess A.G., Styron L.L.C. and Trinseo Pvt. Ltd.

    South Korean companies, for which India is the second largest SBR export market, also will face anti-dumping duties, albeit at lower rates. The Indian government has imposed a duty rate of $33.95 per ton on synthetic rubber imported from Kumho Petrochemical Co. Ltd., while LG Chem Ltd. will pay a tariff of $28.68 per ton.

    The Indian ministry levied an anti-dumping duty of $64 per ton on other South Korean companies.

    Thai SBR suppliers will face tariffs of $243.60 per ton.

    According to the report, the suppliers can appeal the findings.

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