Plastics Cos. Target 4 Nations For Anti-Dumping Duties
Law360, Chicago (March 11, 2015, 4:45 PM EDT) -- Three plastics companies on Tuesday urged U.S. trade authorities to impose anti-dumping duties on imports of a plastic resin from Canada, China, India and Oman commonly used to make soda and water bottles.
Imports of polyethylene terephthalate — or PET— resin from the four countries have been unfairly priced to undercut U.S. producers and, in every case save for Canada, benefit from improper government subsidies, according to petitions filed with the U.S. Department of Commerce and the U.S. International Trade Commission by DAK Americas LLC, M&G Chemicals and Nan Ya Plastics Corp. America.
Since 2012, a glut of cheap PET resin imports from...
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