16 December 2009 07:57 [Source: ICIS news]
SINGAPORE (ICIS news)--The ?xml:namespace>
The Ministry of Finance held a public hearing on the case on 8 December this year, after the local chlor-alkali association filed a petition in July.
Caustic soda producers involved in the case have until 31 December 2009 to submit their arguments in writing, industry sources said.
The ministry would release their final findings thereafter and was likely to make a final decision on the matter by the end of February, sources added.
A provisional 15% safeguard duty was imposed on 4 December this year until 3 March 2010, sources said.
The ministry had earlier recommended a 20% duty on liquid caustic soda imports for a period of 200 days.
The safeguard duty, if imposed, would affect major exporters including Euro