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Brazil imposes anti-dumping duty on polypropylene resins
29
Aug '14
Brazil’s Câmara de Comércio Exterior (CAMEX or Chamber of External Trade), an integral organ of the Governing Council of the Presidency, has passed Resolution No. 75 applying anti-dumping duty on Brazilian imports of polypropylene resins, from South Africa, South Korea and India.
 
The product is classified in the codes 3902.10.20 and 3902.30.00 of the Mercosur Common Nomenclature (NCM).
 
A definitive anti-dumping duty of 16 percent would be collected on import of the product from Sasol Group and other companies from South Africa.
 
The import of polypropylene resin from South Korea-based LG Chemical Ltd. and Lotte Chem Ltd. (Honan Petrochemical Corp.) would invite duty of 3.2 percent and 2.4 percent, respectively. Import of the product from GS Caltex, Hyosung Corporation, and Samsung Total Petrochemicals Co., Ltd would attract a duty of 2.6 percent. Import from all other South Korean enterprises, including SK Chemical, would be levied duty at the rate of 6.3 percent.
 
Brazilian import of polypropylene resin from India-based Reliance Industries Ltd. would invite duty of 6.4 percent, while import from all other Indian companies would have to pay 9.9 percent duty, an official statement said.
 
The polypropylene resin is used for the production of raffia for sacks, films, fibers for tiles, weaving and cordage, housewares, disposable caps, nonwovens, various packaging, appliances, automotive parts, among other products.
 
However, some products are not included in the scope of application of the measure. These are: random copolymer polypropylene specific use, low initial sealing temperature (SIT), or even 110 C as measured by ASTM method F 88, considering the minimum sealing force of 0.5 N; for the polypropylene copolymer cementing oil; polypropylene copolymer and styrene-containing triple star block; homopolymers and block copolymers produced by the process of reaction by metallocene catalysts;  and polypropylene random copolymer of high molecular weight and high viscosity, with a Melt Flow Index (ASTM D 1238) less than 0.40 g / 10 min, measured at a temperature of 230 ° C and 2.16 kg employed in the production of pipes for hot water PP (pipe PPR) (NCM 3902.30.00).
 

Fibre2fashion News Desk - India

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