China plans ADD hike on chloroprene rubber imports from Japan

31 August 2009 09:16  [Source: ICIS news]

SHANGHAI (ICIS news)--China has started review of anti-dumping duties (ADD) on chloroprene rubber imports from Japan after domestic companies asked for an increase of the levy, an official from China’s Ministry of Commerce (MoC) said on Monday.

China’s Chongqing Changshou Chemical Co and Shanxi Synthetic Rubber Group submitted a petition to the MoC on 8 June asking the government to recalculate the dumping status of imports from Japan and to adjust the ADD, the ministry said in an announcement on its website on Friday.

"We will decide whether the ADD on imports from Japan should be increased based on the result of the investigation," the official said.

The year-long interim investigation would be completed on 28 August, 2010, the official added.

China imposed ADD on chloroprene rubber imports from Japan, the US and the European Union (EU) at a range of 2%-151% from 10 May, 2005 for a five-year period.

Japan's Denki Kagaku Kogyo Kabushiki Kaisha was subject to a 3% ADD, Tosoh Corp 2% and other Japanese companies 151%, according to an earlier report from ICIS news.

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