USITC extends antidumping duty on PET resin from Canada, China, India and Oman
Petrochemical

USITC extends antidumping duty on PET resin from Canada, China, India and Oman

The five-year (sunset) reviews were instituted on April 1, 2021

  • By ICN Bureau | March 13, 2022
The U.S. International Trade Commission (USITC) has determined that revoking the existing countervailing duty orders on imports of polyethylene terephthalate (PET) resin from China and India and antidumping duty orders on PET resin from Canada, China, India, and Oman would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. 
 
As a result of the Commission’s affirmative determinations, the existing orders on imports of this product from Canada, China, India, and Oman will remain in place. 
 
Chair Jason E. Kearns, Vice Chair Randolph J. Stayin, and Commissioners David S. Johanson, Rhonda K. Schmidtlein, and Amy A. Karpel voted in the affirmative. 
 
The five-year (sunset) reviews concerning Polyethylene Terephthalate Resin from Canada, China, India, and Oman were instituted on April 1, 2021.
 
On July 7, 2021, the Commission voted to conduct full reviews. Chair Jason E. Kearns, Vice Chair Randolph J. Stayin, and Commissioners David S. Johanson, Rhonda K. Schmidtlein, and Amy A. Karpel concluded that for the investigations regarding Canada, China, and India, the domestic group response was adequate, and the respondent group responses were inadequate. Chair Jason E. Kearns, Vice Chair Randolph J. Stayin, and Commissioners David S. Johanson, Rhonda K. Schmidtlein, and Amy A. Karpel concluded that for the investigation regarding Oman, the domestic group response and the respondent group response were adequate.

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Chemical

Energy

Digitization