Related Keywords: central government, Chemical and petrochemical manufacturers, continue anti dumping duty, foreign competition, home synthetic textile industry, Mitsubishi, PTA users, Purified terephthalic acid, Reliance
Chemical and petrochemical manufacturers have urged the central government to specifically continue with the anti-dumping duty (ADD) on purified terephthalic acid (PTA), as per Business Standard to protect the home synthetic textile industry from foreign competition.
PTA, a raw material for polyester production, currently attracts ADD of US$23.75-117/ton on its import from China, Korea, Thailand and the European Union.
