China Launches Final Reevaluation Investigation into Acrylic Esters   

On April 9th, the Ministry of Commerce (MOC) announced the final reevaluation investigation into the antidumping case of acrylic esters (HS code: 29161200) originated from Korea, Malaysia, Singapore and Indonesia, effective April 9th, 2008. The investigation duration for dumping is from January 1st, 2007 to December 31st, 2007. The investigation duration for injury is from January 1st, 2003 to December 31st, 2007. During the reevaluation investigation period, China continues to impose antidumping tax on acrylic esters imported from above-mentioned countries.
   On April 10th, 2003 MOC announced that China imposed the antidumping tax on acrylic esters case from April 10th, 2003 for five years. (CCR2003 No. 12)
   On July 4th, 2005 MOC published the intermediate reevaluation ruling on acrylic esters originated from Malaysia and Indonesia.
   On February 1st, 2008 MOC received an application for final reevaluation investigation submitted by Shanghai Huayi Acrylic Acid Co., Ltd., Jiangsu Jurong Chemical Co., Ltd., Beijing Eastern Chemical Plant of Beijing Eastern Petrochemical Co., Ltd., Formosa Acrylic Esters Co., Ltd. (Ningbo) Co., Ltd., PetroChina Jilin Petrochemical Co., Ltd., Zhejiang Weixing Acrylic Acid Co., Ltd., Shenyang Paraffin Chemical Co., Ltd. and Shandong Qilushihua Kaitai Industry Co., Ltd. on behalf of the acrylic ester sector in China. Applicants ask the MOC to conduct final reevaluation on the antidumping case of acrylic esters and continue to take antidumping measures.

The Existing Antidumping Tax Rates
Country
   Company      Antidumping tax rate
Korea
    LG Chem, Ltd.    2%
    Other companies     20%
Malaysia
    BASF Petronas Chemicals Sdn Bhd    4%
    Other companies     38%
Singapore
    Singapore Acrylic Ester Pte. Ltd.    30%
    Other companies     49%
Indonesia
    PT. Nippon Shokubai Indonesia    11%
    Other companies     24%