08 October 2010 01:34 [Source: ICIS news]
ARTIMINO, Italy (ICIS)--Exporters into the EU are likely to be confronted again with anti-dumping (AD) and anti-subsidy (AS) measures over the next five years, a speaker at a polyethylene terephthalate (PET) industry forum said on Thursday.
Philippe de Baere, a trade lawyer with the firm Van Bael & Bellis, who was one of the speakers at Global Service International’s (GSI) eighth annual “PET day” in ?xml:namespace>
The EU terminated anti-dumping proceedings against PET from
AS duties for PET from
The next exporters to see action against them would probably be
GSI CEO Francesco Zanchi.commented, “
None of the existing AD and AS duties in other regions were up for expiry any time soon.
Having failed to invest in new European capacities, European PET producers had been forced to try to protect their business as
At the same time customers “bombarded” the EU with arguments against imposing restrictions on imports.
There were 11 out of 27 countries in support of the proceedings, six opposed them and 10 abstained which counted as votes in favour of the proceedings.
“I have never seen a case with such strong mobilisation of users against these measures,” de Baere explained.
($1 = €0.72)
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections