Malaysia to maintain anti-dumping duties on imports of polyethylene terephthalate from Thailand

26-Apr-11
Malaysia has decided to maintain anti-dumping measures on imports of polyethylene terephthalate (PET) originating or exported from Thailand, as per Bernama. This follows an administrative review initiated on Oct 14 last year on imports of the product from Taiwan, Indonesia, South Korea and Thailand upon the request from a domestic producer. In a statement, the International Trade and Industry Ministry said: "The government has now completed the investigation and has confirmed the likelihood of continuation or recurrence of dumping and injury to the Malaysian domestic industry with respect of imports of PET originating or exported from Thailand, if the anti-dumping duties were removed." The Malaysian Royal Customs Department would enforce the collection of the definitive duties. The final measure will be in effect for five years from the day the government gazettes the final determination of the investigation. The anti-dumping duties imposed are as follows: · Bangkok Polyester Public Co Ltd -- 5.33%, · Indorama Chemical (Thailand) Co Ltd -- 49.25% · Indorama Polymers Public Co Ltd -- NIL · Thai PET Resin Co Ltd -- 36.45% · Thai Shinkong Industry Corp -- 49.25% · others -- 49.25%
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