Egypt lifts anti-dumping duties on polypropylene imports from Saudi Arabia

Egypt has decided to lift anti-dumping fees on polypropylene imports from Saudi Arabia. Investigations were underway since April on protective measures and anti-dumping fees imposed on Saudi imports due to claims that they are damaging its industry, as per Saudi Press Agency. The fees were imposed on several Saudi petrochemical makers such as Saudi Basic Industries Corp. (Sabic), the world's largest petrochemical maker, Rabigh Refining and Petrochemical Co. and National Industrialization Co. The investigation discovered that the damage was caused by other factors and that the measures against Saudi imports "were not in interest of the Egyptian public”.
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