India’s ministry of commerce and industry has decided to cancel an investigation into claims that Saudi Basic Industries Corp. (SABIC) had been flooding the international market with its Ethylhexanol (2-EH)  products.

 

Prince Abdul Aziz Bin Salman, Saudi Arabia’s vice minister of petroleum and mineral resources, said the flooding margin is not large enough to warrant a fee imposed on the products.

 

The kingdom had also cooperated with Indian officials during the investigation process and provided all necessary information, he said in a statement.

 

In November 2014, India had launched investigations on its imports of Ethylhexanol-2 from Saudi Arabia, European Union, Indonesia, South Korea, Malaysia, Chinese Taipei, and USA.

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