MOSCOW (MRC) -- China will re-investigate anti-dumping duties it has imposed on some rubber products used for tires and hosepipes imported from ExxonMobil Corp, reported Reuters with reference to the Ministry of Commerce's statement.
In August 2018 China imposed anti-dumping duties on halogenated butyl rubber products from the United States, European Union and Singapore.
ExxonMobil Corp and ExxonMobil Chemical Ltd, hit with duties of 75.5% and 71.9% respectively, requested an re-investigation, the ministry said.
We remind that, as MRC informed earlier, ExxonMobil has halted PE production at its site in Notre Dame de Gravenchon, France due to commercial reasons, without providing further details. The site houses 500,000 tons/year of linear low density polyethylene (LLDPE) plant, including metallocene linear low density polyethylene (MLLDPE).
According to MRC's ScanPlast report, LLDPE shipments to the Russian market rose in the first ten months of 2019 by 11% year on year to 322,140 tonnes. Domestic producers increased their output by 30%, thereby reducing dependence on imports.
ExxonMobil is the largest non-government owned company in the energy industry and produces about 3% of the world's oil and about 2% of the world's energy.
MRC