Page 56 - Plastics News March 2018
P. 56

in the news



          US  starts  duty probe  against                        Thiruvananthapuram

          PTFE resin from India                                  administration comes up with
                                                                 scrap vendor brigade

             ven as US President Donald Trump has raised the
          Ebogey of trade war with virtually every country in        istrict collector K Vasuki and members of Suchitwa
          the world, America has initiated a countervailing duty   Dmissionhave formed a forum of scrap vendors to
          investigation against import of a specialised kind of   facilitate  waste  management  in  the  city.  With  the
          plastic - polytetrafluoroethylene (PTFE) resin - from India.   creation  of a  registry of  over 2500  scrap  vendors,
          According to reports, the US Department of Commerce    district administration is paving a way for recycling
          will determine whether Indian producers of PTFE resin are   of non-bio degradable waste.
          receiving unfair government subsidies.“The Department
                                                                 Tourism minister Kadakampally Surendran said that
          will act swiftly while ensuring a full and fair assessment
                                                                 service of scrap vendors will be used to collect plastic
                                                                 waste accumulated in rivers and public spaces.
                                                                 He said photo ID and health cards will be provided
                                                                 for scrap dealer. The minister was speaking at the
                                                                 workshop  'Sanitation  of  city  through  Kerala  Scrap
                                                                 Merchants Association' at Panchayat Association hall,
                                                                 Vellayambalam. He said that ID card will be issued by
                                                                 district administration and health card by corporation.
                                                                 "Removing plastic from ponds and rivers will be done as
                                                                 part of Haritha Keralam mission", he added.Collector
                                                                 K  Vasuki  said that  scrap  vendors  are doing a  silent
          of  the  facts,”  US  Secretary  of  Commerce  Wilbur  Ross
                                                                 revolution for the society. She said that the rate of
          was quoted as saying. “The  Trump administration is
          committed to the enforcement of America’s trade laws
          that ensure US businesses and workers have a fair chance
          to compete.”According to Ross, exporters of PTFE resin
          from India to the US received countervailable subsidies
          of 3.9 per cent. As a result, the Commerce Department
          will instruct US Customs and Border Protection to collect
          cash deposits from importers of PTFE resin based on these
          preliminary rates.

          In 2016, imports of PTFE resin from India were valued
          at an estimated $14.3 million.In its investigation at the
          complaint of Chemours Company FC LLC, the Commerce     recycling is higher in India compared  to developed
          Department calculated a preliminary subsidy rate       countries. “Scrap vendors play a major role in this. A
          of 3.9 per cent for the sole mandatory respondent,     forum was formed on a persistent effort. Major drive
          Gujarat Fluorochemicals Limited. This subsidy rate also   to collect non-biodegradable waste will be conducted
          applies to all other Indian producers and exporters. The   in the district with their support," Vasuki said. She said
          Commerce Department is scheduled to announce its final   that such drives will be conducted in every 3-4 months.
          determination on May 15.




          Plastics News  March  2018     56
   51   52   53   54   55   56   57   58   59   60