China extends ADDs on BPA imports for another five years

29 August 2013 10:10  [Source: ICIS news]

SINGAPORE (ICIS)--China said on Thursday the current antidumping duties (ADDs) on bisphenol A (BPA) imports from Japan, South Korea, Singapore and Taiwan will be extended for another five years, with effect from 30 August this year.

Following a year-long review, the country’s Ministry of Commerce said the BPA imports from these countries are likely to continue hurting China’s domestic BPA industry if the ADDs are lifted.

The ADDs, which range between 5.35% and 37.1%, were levied on BPA imports from 30 August 2007 for five years. In 2012, the ministry was expected to end the ADDs, but it extended the levy instead.

China subsequently reduced its ADDs on BPA imports from LG Chemical to 4.7% from 6.4% on 15 December 2009 following a second review requested by the South Korean producer. LG Chemical in September 2008 requested the ministry to reassess the ADDs on its BPA imports into China.

By: Viola Pan
+65 6780 4359

AddThis Social Bookmark Button

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.

Printer Friendly

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