China Imposes Duties On US, EU Chemical Imports

Law360, New York (January 25, 2013, 3:13 PM EST) -- China levied anti-dumping duties Friday on U.S. and EU imports of two chemicals commonly used in varnishes and paint solvents, according to the country's trade ministry.

China's Ministry of Commerce, or MOFCOM, finalized its determination that American and European companies had dumped unreasonably cheap shipments of ethylene glycol monobutyl ether and diethylene glycol monobutyl ether on the Chinese market, harming the country's domestic producers.

A range of duties will hit U.S. companies, with a 10.6 percent rate assigned to Eastman Chemical Co., a 14.1 percent rate...
To view the full article, register now.