According to the announcement made by the China’s Ministry of Commerce (MOFCOM) on 13rd November, a provisional antidumping act regarding the EU imported Toluene Diisocyanate (TDI) became effective immediately.
The MOFCOM has initiated the anti-dumping investigation against EU imported TDI (model TDI80/20, CIET code 29291010) in March this year (Chemlinked 27th March ). The investigation was conducted in accordance with the “Anti-Dumping Regulations of the People's Republic of China (ADR)”, examining existence and extent of the dumping actions, as well ashow such actions affect the domestic industry.
The EU imported TDI was considered associated with dumping actions which has directly led to damage on China’s domestic TDI industry, stated in the preliminary verdict of the investigation. In accordance with the ADR, the importers of the EU TDI are subject to a security deposit levy ranging from 6.6%-37.7%. The levy varies across TDI produced by different EU producers who have different degrees of dumping actions.
Producer | Security Deposit Levy |
Bayer MaterialScience | 19.2% |
ZakladyChemiczne ZACHEM | 18.1% |
Borsodchem Zrt | 6.6% |
Perstorp France | 37.7% |
Dow Chemical Tarragona | 37.7% |
All others | 37.7% |
The stakeholders can hand in comments and suggestions together with related evidences to the MOFCOM within 20 days since the announcement being issued.
