India has dropped the anti-dumping investigation on imports of Mono Ethylene Glycol (MEG) coming from Kuwait, Oman, Singapore and UAE. The investigation was initiated based on an application filed by Reliance Industries Limited (RIL) which withdrew the application last week.

 

RIL, in February 2020, requested the Directorate General of Trade Remedies (DGTR) to terminate the investigation in respect of imports of Mono Ethylene Glycol from Saudi Arabia. Further, Reliance requested the DGTR to continue the investigation and recommend for imposition of provisional anti-dumping duty in respect of imports of subject goods from Kuwait, Oman, Singapore and UAE.

 

The DGTR issued a notice in April terminating the anti-dumping investigation concerning imports of ―Mono Ethylene Glycol (MEG or Ethylene Glycol)‖, against Saudi Arabia, and noted that the investigation in respect of imports of subject goods originating in or exported from Kuwait, Oman, Singapore and UAE shall continue.

 

In a letter dated 18 Nov 2020, Reliance withdrew the application filed in the subject matter stating that in view of the current situation, they have withdrawn the aforesaid application with a liberty to resubmit the same, the DGTR said. 

 

MEG is a major feedstock used to produce polyester fibres, films and resins besides adhesives, inks and cellophane.