Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Related Articles
India`s Finance Ministry has imposed anti-dumping duty on linear alkyl benzene (LAB) imports from Iran. Qatar and China.
LAB is an important input in the detergent industry. Tamilnadu Petroproducts Ltd and Nirma Ltd had filed a petition seeking the imposition of anti-dumping duty on LAB imports from the three countries. Arab Oil and Gas reported Friday.
Apart from the petitioners. two more producers of LAB in India — Indian Oil Corporation and Reliance Industries Ltd — supported the petition. The anti-dumping duty ranges from $23.78 per ton to $300.22 per ton. depending on the producer and exporter from these countries.
Earlier this year. an official at Tehran Chamber of Commerce. Industries. Mines and Agriculture said India`s anti-dumping rules against Iran`s petrochemical shipments had made it difficult for Tehran to compete with Saudi Arabia in the world`s fastest growing economy.
