Plastics Portal For Buying And Selling Plastic Products
CONNECTING BUSINESSES IN THE WORLD OF PLASTICS
Go to->Home - PlasticNews
Gulf organisation of petrochemical and chemical producers seeks to challeng... (16-11-2009)
 
In response to recent moves by China and India against petrochemical exporters based in Saudi Arabia and Oman, a Gulf based organization of petrochemical and chemical producers is gearing up. Gulf Petrochemicals and Chemicals Association’s (GPCA) has launched an initiative to challenge “protectionist measures” by way of anti-dumping procedures launched by China, India and the European Union (EU) against exports from countries in the region.
The organisation is concerned about the potential impact of these protectionist measures on the global petrochemical and chemical industry and the downstream consumers in China and India. GPCA will strengthen co-ordination with GCC governments to ensure that exports of petrochemicals and chemicals from the Gulf region are not restricted by anti-dumping regulations and other trade restrictions. As part of its initiative, GPCA will investigate and recommend specific actions that should be taken against trading partners that restrict GCC petrochemical and chemical exports. The anti-protectionist initiative will continue to be a key aspect of GPCA’s mandate for sharing information, analysing trends and giving a common voice to the GCC industry, he said. GPCA has instituted an advocacy committee that will adopt a system to alert members about anti-dumping cases and work closely with GCC governments and the GCC Secretariat to defend the regional industry against such unwarranted actions.
As per the organization, China and India had no reason to pursue anti-dumping investigations on imports of petrochemical products from GCC countries. They themselves are low-cost producers of a wide range of downstream products that are exported to Gulf countries. It would be disastrous for those industries in these two countries if GCC countries applied anti-dumping regulations to such products.
Previous News Previous News
Next News Next News
Forward to friend Forward this news to friend Print this News Print this news
Back
Back To Recent News Archives
Disclaimer
Recent News
• Polymer can change color, return to original in less than a second with temperature changes
• Underwater self-healing polymer could allow longer lasting biomedical implants
• Heat-responsive polymers that do not breakdown in water
• YNCC buys H1-September naphtha cargores; premiums drop by over 40%
• Promoters of Haldia Petrochemicals reassure?lenders on intent to resolve dispute
  
Available
UM-9774 Film width max: 1540 mm For details & image of the machine, pl...
UM-9929 50 mm Blown Film extruder for the manufacture of polypropylene fi...
UM-9924 Model: Rotopak 2000 - Printing width: 1120 mm - Printing repea...
UM-9925 120" Gloucester 421 Bag Machine, Rebuilt by J & C
UM-8750 - Film production quantity maximum per month: approx output: 40 t...
UM-9922 Model: JSW J-350E - Quantity: 1 - Year: 1995
UM-9921 For more details please see next pages
UM-9920 80 ton, 90 ton, 120 ton, 150 ton Injection molding machines more ...
UM-9919 - With 150 mm DS extruder - 33D - Flex Lip Die - 2950 mm x 500...
UM-9918 - (1) Used 4.5" Sterling Extruder - 40:1 L/D - Electrically hea...