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TDI imports: FinMin imposes anti-dumping duty on EU, US, Chinese Taipei, Japan and South Korea


K.R.Srivats
New Delhi |
Updated on
April 28, 2021
DGTR had recommended imposition of definitive anti-dumping duty, this January
The Finance Ministry has imposed a definitive anti-dumping duty on imports of Toluene Diisocyanate (TDI), an organic chemical, from the Chinese Taipei, EU, Japan, South Korea and the US.
This revenue department move comes after the Designated Authority in the Directorate General of Trade Remedies (DGTR), in January this year, had recommended imposition of definitive anti-dumping duty on TDI imports from these countries.
Narmada Chematur Petrochemicals Ltd, the sole producer of TDI in the country, had filed the petition seeking anti-dumping duty on TDI imports from the Chinese Taipei, EU, Japan, South Korea and the US. ....

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Floating naira will show the real value – Adeniyi


Punch Newspapers
Sections
Published 31 January 2021
Group Managing Director/Chief Executive Officer, Vitafoam Nigeria Plc, Mr Taiwo Adeniyi, spoke to two newspapers on the performance of the company in 2020 and issues confronting the manufacturing industry;
EVEREST AMAEFULE
had a good showing in 2020; how would you describe the performance?
We never rested on our oars. We decided not to give in to the excuse of what was going on in the country.
The year was belaboured with a lot of activities that had a negative impact on the economy and businesses. It started with the COVID-19 shock.
Then, the nation was on a lockdown. Just within that same period, we had ....

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