中化国际在印度液体环氧树脂反倾销终裁中获得全球最低税率

Group 1 - The Indian Ministry of Commerce's Directorate General of Trade Remedies (DGTR) has issued a final ruling on anti-dumping duties for liquid epoxy resin, with Sinochem International's related enterprises receiving a minimum tax rate of $37 per ton, the lowest globally [1] - Sinochem International is a core platform in China's chemical materials sector, focusing on fine chemicals, with epoxy resin being a key competitive industry chain [1] - The company has a total epoxy resin production capacity of 350,000 tons per year, with integrated facilities in Lianyungang and Yangzhou, enhancing its competitive edge through control of key intermediates [1] Group 2 - On July 28, Sinochem International announced a restructuring plan to acquire 100% of Nantong Xingchen Synthetic Materials Co., which is expected to strengthen its market competitiveness in the epoxy resin industry [2] - The acquisition will complement Sinochem International's existing epoxy resin business in terms of capacity, product grades, and customer applications, enhancing scale advantages and bargaining power [2] - The final ruling by DGTR further establishes a competitive advantage for Sinochem International and Nantong Xingchen against companies from South Korea, Thailand, and Taiwan [2] Group 3 - India is a vibrant market for chemical products, with epoxy resin being widely used in wind power, electronics, and industrial coatings due to its excellent performance characteristics [3] - The import volume of epoxy resin in India is expected to reach nearly 80,000 tons in 2024, with a significant year-on-year increase of 49.6% in the first half of 2025 for Chinese exports to India [3] - Sinochem International and Nantong Xingchen's epoxy resin exports to India accounted for 16% of China's total exports in 2024, increasing to 17.9% in the first quarter of this year [3]