US to investigate antidumping duty on PET sheets from Republic of Korea, Mexico, Oman

04-Sep-19

The U.S. Department of Commerce announced the initiation of new antidumping duty (AD) investigations to determine whether polyethylene terephthalate sheet (PET sheet) from the Republic of Korea, Mexico, and the Sultanate of Oman are being dumped in the United States.  These investigations were initiated based on petitions filed on July 9, 2019 by Advanced Extrusions, Inc. (Rogers, MN), Ex-Tech Plastics, Inc., (Richmond, IL), and Multi-Plastics Extrusions, Inc. (Hazleton, PA).

The alleged dumping margins are:
• Korea – 44.13 to 52.01%
• Mexico – 27.60 to 115.46%
• Oman – 75.02 to 114.43%

If Commerce makes affirmative findings in these investigations, and if the U.S. International Trade Commission (ITC) determines that dumped U.S. imports of PET sheet from Korea, Mexico, and Oman are causing injury to the U.S. industry, Commerce will then impose duties on those imports in the amount of dumping found to exist.

In 2018, imports of PET sheet from Korea, Mexico, and Oman were valued at an estimated US$90 million, US$88.5 million, and US$208.3 million, respectively.

  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha