China Continues Antidumping Measures on Imported PVC    

China slapped a five-year anti-dumping tax on imported PVC from the United States, Korea, Japan, Russia and Taiwan province, effective September 29th, 2009, following a final review from a year earlier.
   China had imposed the tax on PVC from the nations and region since September 29th, 2003, for five years.
   The Ministry of Commerce found that if the anti-dumping taxes were terminated, dumping to Mainland China could keep occurring from the US, South Korea, Japan, Russia and Taiwan province, and that may hurt the domestic PVC industry once again.
   Chinese importers of PVC from these countries and region should pay the taxes to Chinese customs since September 29th, 2009.
   Below are the specific tax rates on different companies:
US
1. Shintech Incorporated     83%
2. Formosa Plastics Corporation Texas    11%
3. All others    83%
South Korea
1. LG CHEM, LTD.    6%
2. Hanwha Chemical Corporation    12%
3. All others    76%
Japan
1. Shin-Etsu Chemical Co., Ltd.    17%
2. V-Tech Corporation    21%
3. TAIYO VINYL Corporation    7%
4. Shin Dai-Ichi Vinyl Corporation    34%
5. Kaneka Corporation    30%
6. All others    84%
Russia
1. J/S Co. KaustiK    34%
2. All others    47%
Taiwan province
1. China General Plastics Corporation    12%
2. Formosa Plastics Corporation    10%
3. Ocean Plastic Co., Ltd.    22%
4. All others    25%
(CCR2008 No. 31, 2003 No. 29, 30)