(chemmonitor)
-- India and China-based polyethylene terephthalate (PET) film companies will
continue obtaining lower profit from their operations in South Korea as local
government decided to prolong anti-dumping duties on the material coming from
the above mentioned countries.
The duties are 15.6 percent on average.
They act as a measure required to improve financial performance of PET
manufacturers from South Korea.
Same duties effective during a three-year
period were imposed in October 2008. They expired last year.
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