India launches anti-dumping probe into phthalic anhydride imports from Taiwan

India has launched an anti-dumping probe into Taiwanese imports of phthalic anhydride, a key industrial chemical used to make plastics and paints, as per a notification issued by the commerce and industry ministry. The probe comes in the wake of domestic manufacturers’ complaints of being priced out. The investigation by the Directorate General of Trade Remedies (DGTR), initiated after a complaint by IG Petrochemicals Ltd, Thirumalai Chemicals Ltd and TCL Intermediates Pvt Ltd, comes as imports from Taiwan have risen sharply despite an overall decline in India’s imports of the product—a key plastic additive chemical used to produce plasticizers, polyester…