China Slaps Korea, Thailand With Chemical Duties

Law360, New York (August 13, 2010, 1:54 PM EDT) -- China's Ministry of Commerce has imposed anti-dumping duties on pure terephthalic acid, a compound used to make polyester, that is imported from South Korea and Thailand.

In a notice posted on its website Friday the Ministry of Commerce said it had ruled that Korea and Thailand were dumping the chemical, known as PTA, and have caused “substantial damage” to China's PTA industry.

The Ministry of Commerce decided to impose anti-dumping duties at rates ranging from 2 percent to 20.1 percent. The duties went into effect Thursday...
To view the full article, register now.