Home / Knowledge / News / Textiles / Egypt lifts duty on Saudi Arabian polypropylene
Egypt lifts duty on Saudi Arabian polypropylene
Jan '13
Egypt has withdrawn the anti-dumping duty imposed on polypropylene imports from Saudi Arabia, Prince Abdul Aziz bin Salman, Saudi Arabian Assistant Minister of Petroleum and Mineral Resources, has said, Arab News reported.
According to the Saudi Press Agency, based on the claims that Saudi imports were impairing the domestic industry, Egypt imposed duty on polypropylene manufactured by several petrochemical producers of Saudi Arabia, including Advanced Petrochemical Company, Saudi Basic Industries Corp. (SABIC), National Petrochemical Industrial Company, PetroRabigh and National Industralization Co.
Egypt also initiated a probe into imposition of preventive measures against polypropylene imports from Saudi Arabia in April 2012. 
Following the investigation, the authorities concluded that imports are not the only cause of detriment to the Egyptian industry, and that levying preventive taxes would not help in addressing the problem.
Subsequently, the Egyptian Government rolled back the anti-dumping duty on December 24, 2012, Prince Aziz said.
Last year, India ended levying of anti-dumping duty on polypropylene imports from Saudi Arabia. Turkey too dropped the anti-dumping claims against monoethylene glycol imports from SABIC last year after concluding that the company was fulfilling all the norms.
Saudi petrochemical firms gain benefit from cheaper availability of feedstock within the kingdom. This lends them a competitive edge over other producers using naphtha, a crude derivative, whose prices have a directly correlation with oil prices.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
July 2017

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search