Al-TAMIMI IS THE LEGAL ADVISOR TO TCL SANMAR ON DUMPING PVC
Al-Tamimi & Co. has announced that it has assumed the role of legal advisor to (TCI Sanmar Chemicals, an Egyptian company wholly owned by the Sanmar Group of companies, in its representation regarding the filing of a dumping complaint against imports of PVC product from the United States of America.
(TCI Sanmar Chemicals’ representation, according to Ayman Nour, a partner at Al Tamimi & Co. It reflects our positive role in assisting and growing Egypt’s economy, as well as creating job opportunities in the construction and infrastructure sectors.”
Nour mentioned that Al-Tamimi and his associates’ office, like many other local and international firms, has been involved in a number of anti-dumping investigations in Egypt, which strengthens its expertise in dealing with issues related to international trade practices.
Khaled Attia, Partner, and Head of Dispute Resolution Department at Al-Tamimi & Associates, added that this new procedure will lead to more stability and development in many sectors by protecting against harmful international trade practices under the General Agreement on Tariffs and Trade (GATT).
Mohamed El-Hagan, an attorney in Al-Tamimi & Associates’ Dispute Resolution Division, stated that, with the expected local increase in demand for PVC, participation in this important investigation that supports the local PVC industry is a good example of the support provided to industrial investors in Egypt as we support taking the path of least resistance. Legal and governmental procedures must be followed correctly.
This year, the Indian Sanmar Group for Industrial Chemicals has decided to invest $200 million in its Egyptian operations.
The Sanmar Group of Companies intends to increase its PVC production capacity.
The company emphasizes that the PVC industry is the foundation for many upstream and downstream industries that will grow in Egypt due to easy access and reduced raw material costs.
