ritsar, February 26
Wax rolls producers in the city alleged that they were not getting raw material from the state-run oil companies despite paying 100 per cent advance payment. Now, they were forced to procure it from overseas.
These wax rolls are used on spinning and winding machines for waxing yarn threads. Wax rolls are made using paraffin and waxes obtained from crude oil.
The manufacturers alleged that the situation was created after the oil companies nominated and authorised an agent to sell the raw material.
Pankaj Mehra, an industrialist, said, earlier local units had been using fully refined paraffin wax from Indian Oil Corporation, Numaligarh Refinery Ltd, Chemact Petrochemicals, China, Nippon Seiro, Japan, and also from Egypt. Now, they have been procuring the wax from Numaligarh Refinery.
In a letter to the Prime Minister’s Office he alleged that distributors’ cartel was denying them regular supply of the wax roll, hampering their business. He alleged distributors were now asking for premium. So, they do not have any alternative but to import the raw material. — TNS
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