China Makes Antidumping Final Ruling on Dimethyl Ketone
Year:2008 ISSUE:19
COLUMN:M & A, BUSINESS & TRADE
Click:185 DateTime:Jul.09,2008
China Makes Antidumping Final Ruling on Dimethyl Ketone
On June 10th the Ministry of Commerce announced that starting June 9th, 2008 an antidumping tax will be imposed on dimethyl ketone or 2-propanone (HS code: 29141100) originated from Japan, Singapore, Korea and Taiwan Province for a duration of five years. Antidumping tax rates are as follows:
On March 9th, 2007 the Ministry of Commerce launched dumping investigation into dimethyl ketone originated from Japan, Singapore, Korea and Taiwan Province. (CCR2007, No. 9)
Companies of Japan
Mitsui Chemicals, Inc. 7.2%
Mitsubishi Chemical Corporation 12.1%
All others 51.6%
Companies of Singapore
Mitsui Phenols Singapore Pte. Ltd. 6.7%
All others 51.6%
Companies of Korea
LG Chem. Ltd. 5.0%
Kumho P&B Chemicals, Inc. 8.9%
All others 51.6%
Companies of Taiwan Province
Formosa Chemicals & Fiber Corporation 6.2%
Taiwan Prosperity Chemical Corporation 6.5%
All others 51.6%