|27 Mar 2013||Initiation|
ANNOUNCED AS TEMPORARYNo
On August 14, 2014, the Brazilian authorities, after having conducted an expiry review, decided upon the continuation of the anti-dumping duty imposed on imports of polyvinyl chloride resin from China and South Korea (Resolution No. 68, 14.08.2014).
The products subject to the duty are classified under the following HS code: 3904.1010.
The rate of the duty imposed on imports originating in China is 21.6%. The rate of the duty imposed on imports originating in South Korea is 18.9%, at the exception of the company LG Chem Ltd. whose exports are subject to a duty of 2.7%. This definitive anti-dumping duty entered into force on the day of the publication of the resolution in the Federal Official Gazette of Brazil, i.e. on August 15, 2014, and is applicable for a period of five years.
This duty follows an expiry review requested on March 27, 2013 by Braskem S.A. A review was then initiated by the Secretary for Foreign Trade of the Brazilian Ministry of Development, Industry and Foreign Trade on August 28, 2013 (Circular No. 48, 28.08.2013). The review started on the day of the publication of the circular in the Federal Official Gazette of Brazil, i.e. on August 29, 2013.
The original anti-dumping duty entered into force on August 29, 2008 (Resolution No. 51, 28.08.2008).
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