20 June 2013 23:19 [Source: ICIS news]
MEDELLIN, Colombia (ICIS)--Brazil’s Chamber of Foreign Trade (Camex) said on Thursday it has approved anti-dumping duties on imports of polycarbonate (PC) resin from Thailand for a period of up to five years.
The duties will apply to PC imports in the form of powder, flakes, granules and pellets with a flow rate of 1.0-59.9 grams/10 minutes, Camex said.
Surcharges of $2,550.40/tonne (€1,912.80/tonne) will be applied for Bayer Thai, a subsidiary of Germany’s Bayer, and $3,450.13/tonne for other exporters, the chamber said.
According to Camex, Brazil’s foreign trade secretariat (Secex) had begun an anti-dumping investigation in December 2011 following a request by Brazilian petrochemicals firm Unigel.
The investigation concluded that dumping of the product from Thailand had damaged the domestic PC resins industry.
PC is a versatile plastic used in automotive and aircraft components, electronic components, data storage, food storage and construction materials among others.
($1 = €0.75)
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