The Finance Ministry has imposed a five-year anti-dumping duty on Sodium Nitrite imports from China. Deepak Nitrite Ltd had filed the petition, which was also supported by Punjab Chemicals & Crop Protection Ltd, seeking sunset review investigations on Sodium Nitrite imports from China.
There are two more producers of Sodium Nitrite in the country – National Fertilisers Ltd and Rashtriya Chemicals and Fertilisers Limited.
Important Takeaways from Above News-
- Sodium Nitrite is an oxidising and also a reducing agent.
- It is a white crystalline powder mostly used in the pharmaceutical and dye industries, lubricants, lubricants, construction chemicals, rubber blowing agent, meat processing, and textiles.
Source- The Hindu Business Line