China finalises antidumping duty on capro from the US, EU

18 October 2011 06:24  [Source: ICIS news]

GUANGZHOU (ICIS)--China will impose a five-year antidumping duty (ADD) on caprolactam (capro) imported from the US and Europe starting from 22 October, the Ministry of Commerce announced on Tuesday.

The country has been implementing provisional ADDs on capro from these origins ranging from 4.3% to 25.5% since 25 January this year.

The move was made after final investigations, which concluded that sellers from the two regions have been dumping capro into China, and Chinese domestic industries were hurt as a result.

Company

ADD rate

EU

 

DSM Fibre Intermediates

2.3%

Lanxess

3.4%

UBE Chemical Europe

2.60%

BASF Antwerpen

3.1%

DOMO Caproleuna

3.20%

Zaklady Azotowe W Tarnowie-Moscicach

4.9%

Zaklady Azotowe “Pulawy”

4.4%

All Others

25.50%

 

 

US

 

DSM Chemicals North America

2.2%

Honeywell Resins & Chemicals

3.6%

BASF Corporation

2.5%

All Others

24.20%


By: Fanny Zhang
+65 6780 4359



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