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China imposed antidumping duties on MEG downstream from EU and US

August 10/2012

(chemmonitor) -- Chinas government has imposed antidumping duties (ADDs) on imports of downstream monoethylene glycol (MEG) based products from the European Union and the United States.

Effective from July-end, the action was taken to punish the exporters for selling the products in China below cost. The antidumping measures are applied, in particular, on imported ethylene glycol monobutyl ether (EGBE) and diethylene glycol monobutyl ether (DEGBE).

Imports from US companies will be imposed with anti-dumping duty of 15.1% except for shipments from Eastman Chemical Company, The Dow Chemical Company and Equistar Chemicals, which will be imposed with duty of 10.1%, 12.5% and 11.5%, respectively.

Imports from European companies will be imposed with anti-dumping duty of 14.9% except for shipments from Sasol Germany, Sasol Solvents Germany, INEOS Chemicals Lavera and BASF, which will face duty of 0%, 13%, 9.3% and 18.8%, respectively.


mrcplast.com
Author:Anna Larionova
Tags:MEG, BASF, Dow, Eastman Chemical, Ineos Polyolefins.
Category:General News
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