China levies anti-dumping duty on chemicals from USA, EU

01-Feb-13

China will impose anti-dumping duties on two chemicals from the United States and European Union for five years. The Ministry of Commerce said it ruled that U.S. and EU companies have been selling the chemicals at unfairly low prices, hurting China's domestic industry. The two chemicals, ethylene glycol monobutyl ether and diethylene glycol monobutyl ether, are widely used in applications such as metal cleansing, paint stripping, dry cleaning and printing. A 10.6% duty will be imposed on those chemicals manufactured by American companies Equistar Chemicals LP and Eastman Chemical Co., and a 14.1% duty on those made by Dow Chemical Co. and all other U.S. companies. Duties of 9.3-18.8% will be levied on products from EU companies.