Mar 28, 2025 7:14 a.m.

Update: India imposes definitive ADD on PVC paste resin imports from six countries

The decision follows an investigation led by the Directorate General of Trade Remedies (DGTR), which determined that these imports were being dumped at unfair prices, causing material injury to the domestic industry.

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The Indian government has finalised definitive anti-dumping duties (ADD) on imports of PVC Paste resin from China, South Korea, Malaysia, Norway, Taiwan, and Thailand. The decision follows an investigation led by the Directorate General of Trade Remedies (DGTR), which determined that these imports were being dumped at unfair prices, causing material injury to the domestic industry.

According to a notification issued by the Ministry of Finance (Department of Revenue) on 21 March 2025, the duties will remain in effect for five years from 13 June 2024, unless amended or revoked earlier. The affected products are classified under the following Harmonized System (HS) codes: 39041010, 39041020, 39041090, 39042100, 39042200, 39043010, 39043090, 39049000, 39044000, and 39049090.

However, certain subcategories are exempt from the definitive ADD, including:

  • PUC with a K value below 60K
  • PVC blended resins, copolymers of PVC paste resins
  • Battery separator resins
  • and polyvinyl chloride paste resins under the brand name "Biovyn" manufactured by Innovyn Europe Ltd.

Details of the anti-dumping duty rate based on producer and country of origin are as follows: 

Producer name

Country of origins

ADD rate (USD/ton)

Formosa Industries (Ningbo) Co Ltd

China

$595

Shenyang Chemical Co Ltd

China

$248

Others

China

$707

 

Hanwha Solutions Corporation

South Korea

$0

Others

South Korea

$89

 

Kaneka Paste Polymers Sdn Bhd

Malaysia

$0

Others

Malaysia

$516

 

Formosa Plastics Corporation

Taiwan

$247

Others

Taiwan

$373

 

TPC Paste Resin Co Ltd

Thailand

$343

Others

Thailand

$421

 

All producers from Norway

Norway

$495

 

Country

India