Inception date: No inception date

Anti-dumping

On September 26, 2017 a coalition of four international firms that produce polyethylene terephthalate (PET) resin in the United States (i.e., DAK Americas, LLC, Indorama Ventures USA, Inc., M&G Polymers USa, LLC, and Nan Ya Plastics Corporation, America) filed petitions seeking the imposition of antidumping duties on imports from Brazil, Indonesia, Korea, Pakistan, and Taiwan. U.S. imports of this product from Canada, China, India, and Oman were aready subject to antidumping and countervailing orders.

The investigation was ultimately terminated.

On November 8, 2017 the U.S. International Trade Commission determined that there is a reasonable indication that a U.S. industry is materially injured by reason of these imports. 

On April 30, 2018, the Department of Commerce announced its affirmative preliminary determinations. In the Brazil investigation, Commerce calculated a preliminary dumping rate of 24.09 percent for mandatory respondent M&G Polimeros Brasil S.A. Commerce calculated a preliminary dumping rate of 226.91 percent for mandatory respondent Companhia Integrada Textil de Pernambuco. Commerce determined a preliminary dumping rate of 93.60 percent for all other producers and exporters of PET resin from Brazil. In the Indonesia investigation, Commerce calculated a preliminary dumping rate of 13.16 percent for mandatory respondent PT. Indorama Synthetics Tbk. Commerce determined a preliminary dumping rate of 13.16 percent for all other producers and exporters of PET resin from Indonesia. In the Korea investigation, Commerce calculated a preliminary dumping rate of 8.81 percent for mandatory respondent SK Chemicals Co., Ltd. Commerce preliminary found mandatory respondents Lotte Chemical Corp., Regd. and TK Chemical Corp. were dumping at a preliminary dumping margin of 101.41 percent based on adverse facts available due to their failure to provide responses to the questionnaire issued by Commerce. Commerce determined a preliminary dumping rate of 8.81 percent for all other producers and exporters of PET resin from Korea. In the Pakistan investigation, Commerce calculated a preliminary dumping rate of 7.75 percent for mandatory respondent Novatex Limited. Commerce determined a preliminary dumping rate of 7.75 percent for all other producers and exporters of PET resin from Pakistan. In the Taiwan investigation, Commerce calculated a preliminary dumping rate of 11.89 percent for mandatory respondent Far Eastern New Century Corporation/Far Eastern Textile Ltd./Worldwide Polychem (HK), Ltd. Commerce calculated a preliminary dumping rate of 9.02 percent for mandatory respondent Shinkong Synthetic Fibers Corporation. Commerce determined a preliminary dumping rate of 10.99 percent for all other producers and exporters of PET resin from Taiwan. As a result of the preliminary affirmative determinations, Commerce will instruct U.S. Customs and Border Protection (CBP) to require cash deposits based on these preliminary rates.

On September 18, 2018,Commerce announced its affirmative final determinations in the antidumpin investigations. In the Brazil investigation, Commerce calculated a dumping rate of 29.68 percent for mandatory respondent M&G Polimeros Brasil S.A. Commerce calculated a dumping rate of 275.89 percent for mandatory respondent Companhia Integrada Textil de Pernambuco. Commerce determined a dumping rate of 29.68 percent for all other producers and exporters of PET resin from Brazil. In the Indonesia investigation, Commerce calculated a dumping rate of 53.50 percent for mandatory respondent PT. Indo-Rama Synthetics Tbk., and certain affiliated producers, PT. Indorama Polypet Indonesia, and Indorama Ventures Indonesia, based on total adverse facts available due to a number of discrepancies discovered since the preliminary determination. Commerce determined a dumping rate of 30.61 percent for all other producers and exporters of PET resin from Indonesia. In the Korea investigation, Commerce calculated a dumping rate of 8.23 percent for mandatory respondent SK Chemicals Co., Ltd. Commerce found mandatory respondents Lotte Chemical Corp., Regd. and TK Chemical Corp. were dumping at a preliminary dumping margin of 101.41 percent based on total adverse facts available due to their failure to provide responses to the questionnaire issued by Commerce. Commerce determined a dumping rate of 8.23 percent for all other producers and exporters of PET resin from Korea. In the Pakistan investigation, Commerce calculated a dumping rate of 59.92 percent for mandatory respondent Novatex Limited based on total adverse facts available due to its failure to adequately respond to a supplemental questionnaire. Commerce determined a dumping rate of 43.81 percent for all other producers and exporters of PET resin from Pakistan. In the Taiwan investigation, Commerce calculated a dumping rate of 5.16 percent for mandatory respondent Far Eastern New Century Corporation/Far Eastern Textile Ltd./Worldwide Polychem (HK), Ltd. Commerce calculated a dumping rate of 45.00 percent for mandatory respondent Shinkong Synthetic Fibers Corporation based on total adverse facts available due to its failure to adequately respond to Commerce’s questionnaires. Commerce determined a dumping rate of 5.16 percent for all other producers and exporters of PET resin from Taiwan.

On October 18, 2018 the U.S. International Trade Commission determined that a U.S. industry is not materially injured or threatened with material injury by reason of imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, Korea, Pakistan, and Taiwan that the U.S. Department of Commerce (Commerce) has determined are sold in the United States at less than fair value. As a result of the USITC’s negative determinations, no antidumping duty orders will be issued on imports of this product from Brazil, Indonesia, Korea, Pakistan, and Taiwan.

AFFECTED SECTORS

 

AFFECTED PRODUCTS