Indorama files petition seeking imposition of safeguard duty on spandex imports

The Directorate General of Safeguards has started scrutinizing imports of bare elastomeric filament yarn on a petition filed by Indorama Industries seeking imposition of safeguard duty on bare elastomeric filament yarn also known as spandex imports. A safeguard duty is a temporary measure brought in for a certain timeframe to turn away any damage to the domestic industry from cheap imports.

Indorama claims to be the India’s sole producer of bare elastomeric filament yarn, commonly known as spandex. Spandex is a synthetic fibre known for its exceptional elasticity. It is strong, but less durable than its major non-synthetic competitor, natural latex. Spandex or elastane is used in various applications such as denim jeans, sportswear, T-shirts, suitings, socks and other garments.

Bare elastomeric filament yarn is imported into India from a number of countries, primarily from Vietnam, South Korea, China, Singapore, Taiwan and Thailand.

Indorama Industries sought imposition of safeguard duty on its imports for a period of three years. The company has also made a case for imposition of provisional safeguards duty.

Recent Posts

University of Copenhagen develops nanofibre patch for psoriasis treatment

Researchers have created an innovative nanofibre patch that aims to simplify and improve the treatment of psoriasis, a common skin…

44 mins ago

Clothing 2.0, The Marena Group to revolutionize medical garments

Clothing 2.0 has teamed up with The Marena Group LLC, a leader in medical-grade compression garments to transform the recovery…

51 mins ago

Polartec expands eco-friendly weather protection fabrics

Polartec has enhanced its Power Shield range, as it continues to replace petroleum-based materials with renewable alternatives while improving fabric…

1 hour ago

Uncaged Innovations partners to launch leather alternative

Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.

1 day ago

Rudolf enhances digital pigment printing

Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…

1 day ago

Aquafil Group unveils sustainable yarns

Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…

1 day ago