Rejection of anti-dumping duty on Monoethyelene Glycol welcome move: SIMA ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 21
Industry body Southern India Mills Association (SIMA) has welcomed the decision of the Directorate General of Trade Remedies for rejecting the proposed anti-dumping duty on Monoetheylene Glycol. The MEG is one of the major raw materials used for the manufacture of polyester staple fibre. SIMA chairman Ravi Sam in a statement said the rejection of the levy of anti-dumping duty on MEG is a step in the right direction for the growth of Man Made Fibre sector. Extending his gratitude to Prime Minister Narendra Modi and Minister of Textiles Piyush Goyal for the decision, Sam said the Man Made Fibre sector used particularly in the polyester would be the growth engine and job creation. Adequate avai

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