China issues temporary antidumping measure on TDI imports from EU

13 November 2012 10:07  [Source: ICIS news]

SINGAPORE (ICIS)--China has imposed temporary antidumping measures on imports of toluene diisocyanate (TDI) originating in the EU, the country's Ministry of Commerce announced on Tuesday.

Effective 13 November, a security deposit ranging from 6.6%-37.7% will be levied on products imported from producers such as Bayer MaterialScience and Dow Chemical Tarragona, according to the Ministry.

China has started antidumping investigations on EU TDI imports on 23 March this year.

Preliminary findings support a case of dumping by EU producers that is hurting China’s domestic industry.

TDI is a raw material in the production of flexible foam, which is mainly used in the manufacture of furniture and bedding.

The probe was launched in March in response to a petition filed in February by China’s domestic TDI players, such as Cangzhou Dahua Co, Ltd, Gansu Yinguang Juyin Chemical, Gansu Yinda Chemical, Liaoning Beifang Jinhua Polyurethane Corp, and Cangzhou Dahua Juhai Co. 

A final decision on imposing antidumping duties on TDI imports will be made once the year-long investigation is completed.

Company	Security deposit
Bayer MaterialScience	19.2%
Zaklady Chemiczne ZACHEM	18.1%
Borsodchem  Zrt	6.6%
Perstorp France	37.7%
Dow Chemical Tarragona	37.7%
All others	37.7%

Source: China Ministry of Commerce

Read John Richardson and Malini Hariharan’s blog – Asian Chemical Connections

By: Fanny Zhang
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