Brazil's Elekeiroz touts n-butanol anti-dumping duties

31 October 2011 22:54  [Source: ICIS news]

PORTO ALEGRE, Brazil (ICIS)--Brazil based n-butanol producer Elekeiroz said on Monday that anti-dumping duties on importers will promote a level playing field in the market.

Brazil’s Chamber of Foreign Trade (Camex) approved anti-dumping duties on overseas producers after Elekeiroz complained of unfair import prices.

Elekeiroz is the only n-butanol producer in the region.

"We knew what would be regular prices for the chemical in different parts of the globe, and they were lower than the regular prices of the imports from the US", said Reinaldo Rubbi, president of Elekeiroz.

The company requested an investigation on 26 April, 2010.

Camex ultimately approved anti-dumping surcharges of $272.12/tonne (€193.20/tonne) for Dow Chemical; $260.24/tonne for BASF; $102.67/tonne for Oxea; $127.21/tonne for Eastman Chemical; and $272.12/tonne for other exporters.

Elekeiroz can produce 170,000 tonnes/year of n-butanol, Rubbi said.

($1 = €0.71)
By: Leo Siqueira
+1 713 525 2600

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