MCPI Pvt.Ltd.

MCPI Pvt.Ltd.

India Inc's overseas borrowings down 25 per cent in March

April 24, 2015

Indian firms raised over USD 2.66 billion from overseas markets through the external commercial borrowing (ECB) route last month, down 25 per cent, RBI data showed today

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May go under: PTA makers; a yarn: Users

December 11, 2014

Japan's Mitsubishi Chemical Corporation's (MCC) India affiliate, which has attracted the largest foreign direct investment in the country's chemical sector, has sought the government's intervention to save it from shutting shop.

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Input tariffs hit local polyester units

September 15, 2014

After a plea by Reliance Industries (RIL) and Mitsubishi’s MCC PTA India Corporation, the government initiated a probe and imposed the anti-dumping duties in the range of $19.05-117.09 per tonne (5-11%, effectively, depending on the country) on imports of the purified terephtalic acid (PTA) from China, Korea, the European Union and Thailand.

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Ministry imposes anti-dumping duty on import of PTA

July 29, 2014

The government has imposed anti-dumping duty on purified terephthalic acid (PTA), a raw material for polyester production, in the range of $23.75 to $117.09 a tonne, on imports from China, Korea, Thailand and the European Union. The move has divided PTA producers and polyester companies

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Anti-dumping duty body rules in favour of Japanese firm's India arm

June 25, 2014

In a relief to Tokyo ahead of Prime Minister Narendra Modi's visit, the commerce ministry's trade remedies wing has ruled in favour of the Japanese company Mitsubishi Chemical Corporation's (MCC) local affiliate.

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Antidumping duty on PTA to hurt polyester industry

June 25, 2014

The recent notification by Ministry of Commerce and Industry under Preliminary findings recommending the imposition of provisional antidumping on imports of purified terephthalic acid (PTA) will have adverse impact of polyester fibre and textile industry, the major user of PTA, in India, according to Indo Rama Synthetics (India) Ltd

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