China extends anti-dumping duties on SBR imports for 5 years

15 September 2009 09:50  [Source: ICIS news]

SHANGHAI (ICIS news)--China will continue to levy anti-dumping duties on styrene butadiene rubber (SBR) imports from Japan, South Korea and Russia for another five years, starting from 8 September 2009, the Ministry of Commerce said in a statement released on Monday.

After its one-year final judicial review, the ministry said SBR imports from the three countries would hurt the domestic SBR industry if the duties were not levied.

Four domestic SBR producers – Qilu Petrochemical, Shenhua Chemical Industry Co, Jilin Petrochemical and Lanzhou Petrochemical – submitted a petition to the ministry on 10 June 2008.

Domestic producers pressed the government to carry out a final investigation into extending the duties after SBR imports from the three countries received anti-dumping duties from 2003 to 2008, the ministry said.

The current anti-dumping duties on SBR imports from Japan, South Korea and Russia are listed in the table below.

SBR is widely used for producing tyres, rubber tubes, rubber belts, rubber shoes and other rubber products.

Country

Company name

Anti-dumping duty

Japan

Zeon Corp

19%

 

JSR Corp

10%

 

Asahi Kasei

0%

 

All others

33%

South Korea

Kumho Petrochemical

2.9%

 

LG Chem

4.15%

 

All others

27%

Russia

NCHZ Sterlitamak Corp

14%

 

OMSK Kauchuk

23%

 

Togliatti Kauchuk

6.81%

 

Voronezhsintezkauchuk

4.02%

 

All others

38%

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By: Judith Wang
+65 6780 4359



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