India's PTFE Resin Hit with Preliminary Subsidy Duties for 2023
Published Date: 4/11/2025
Notice
Summary
The U.S. government found that Gujarat Fluorochemicals Limited (GFCL) in India got unfair financial help while making granular PTFE resin. This means GFCL might have to pay extra fees when selling in the U.S. The review covers all of 2023, and people can share their thoughts before the final decision.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Preliminary Finding of Subsidies for GFCL
The Department of Commerce preliminarily found that Gujarat Fluorochemicals Limited (GFCL) received countervailable subsidies while producing granular polytetrafluoroethylene (PTFE) resin. The period of review is January 1, 2023 through December 31, 2023, and this preliminary finding can lead to countervailing duties (extra fees) on GFCL's U.S. sales.
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