ENA Global 2018-04-16 09:49:22 <p><strong>New Delhi, Apr 16 (KNN)</strong> The Directorate General of Antidumping and Allied Duties (DGAD) has initiated probe into alleged dumping of a chemical used in paint and leather industry from Brazil, Indonesia and Thailand after receiving complaints from a domestic player.</p> <p>The product is a flammable compound and it is used in the manufacture of wood lacquers, auto refinish paints, leather finishing lacquers, nail varnishes and printing inks.</p> <p>DGAD has said that it has found sufficient evidence of dumping of 'non-plasticised industrial grade nitrocellulose excluding nitrocellulose damped in Ethanol and waterwet' from these three countries.</p> <p> The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry, DGAD has said in a notification.</p> <p>After the probe, if it is established that dumping has caused material injury to domestic players, the DGAD would recommend imposition of anti-dumping duty on the imports of the chemical from these nations.</p> <p>Nitrex Chemicals India Ltd had filed an application for initiation of the probe and imposition of the duty.</p> <p>The anti-dumping duties are levied to ensure fair trade practices for both domestic manufacturers as well as exports of the same item. <strong>(KNN Bureau)</strong></p> 19589 http://knnindia.co.in/news/newsdetails/global/dgad-initiates-anti-dumping-probe-on-chemical-from-brazil-thailand-indonesia-used-in-paint-leather-industry 2018-04-16 09:49:22 knnindia.co.in