India drops anti-dumping probe against MEG imports from Saudi Arabia

India Glycols

07/04/2020 03:33

NEW DELHI, April 7 (Reuters) - India has ended an
anti-dumping probe against mono ethylene glycol (MEG) imports
from Saudi Arabia, while continuing investigations against
Kuwait, Oman, the U.A.E. and Singapore, a government order said
late on Monday.
    Reliance Industries Ltd  RELI.NS , which had sought a probe
in December, in February asked for the termination of
investigations against imports from Saudi Arabia, the order
said.
    MEG is a major feedstock for the polyester industry and is
used to produce polyester fibres, polyester films, and resins.
It is also used in the fibre treatment of textiles, the paper
industry, and in adhesives, inks, and cellophane. 
    

 (Reporting by Nidhi Verma; Editing by Christian Schmollinger)
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