Glass Maker Fulfills Safeguard Duty Requirement

Date: 20 October 2009
Source: Business World

Date: 20 October 2009

THE TARIFF Commission has declared that the country’s sole glass pane manufacturer — which constitutes the local "industry" — has complied with a requirement that it implement a program to boost its competitiveness, in exchange for the safeguard duty slapped on competing imports.

This is one of the two conditions the industry must fulfill for the safeguard duty to be extended past its expiry this Dec. 8.  The state agency did not declare whether imports continue to threaten injury to the local industry — the second condition for extension — but noted that the market share of foreign-made glass panes declined last year.  This comes as the Tariff Commission has slated a public hearing this week on whether to again extend an order imposing safeguard duties on the goods.The state agency first imposed the duties in 2004 and renewed it for 2006-2009.
 
Read full story here.
600450 Glass Maker Fulfills Safeguard Duty Requirement glassonweb.com

See more news about:

Others also read

MORE...

HNG Group Fires Up Its First Float Furnace In Gujarat
For further upscaling, the plant has provision for a second float line which can support an additional 850 tonnes per day.  With an aim to further strengthen its leadership position in the glass industry, the Rs15bn.
Deshima Netherlands Awards 2009 For Teijin And Sekisui S-Lec
During the annual Dujat December Dinner on Thursday 10 December 2009, Minister for Economic Affairs, Ms.
“Tiberio's Baths” Wins The Interior Design Best Of Year Awards 2009 / Spa Fitness
A prestigious international prize states the poetic beauty and the architectural value of “Tiberio's Baths” in Panticosa (Spain), the new health and wellbeing centre in the heart of the Spanish Pyrenees made entirely using special glass blocks with a trapezoidal section.
Bioactive Glass Nanofibers Produced
A team of researchers from the University of Vigo, Rutgers University in the United States and Imperial College London, in the United Kingdom, has developed "laser spinning", a novel method of producing glass nanofibres with materials.
Inventables Most Popular Material 2009:Temperature-Sensitive Glass
Chicago — December 17, 2009 — Designers and engineers examined the product pages on Inventables.com nearly one million times in 2009 in hopes of finding the right materials or technologies for their projects.
Thin films play important part in India’s surging solar wave
Finnish materials technology enjoyed a moment of limelight in the beginning of December this year, when a Finnish industry delegation, lead by Minister of Economic Affairs, Mr Mauri Pekkarinen, visited New Delhi, India.

Add new comment