Anti-dumping duties imposed on imported MEK

26/12/2007 12:00 - 943 Views

China's Ministry of Commerce has decided to impose anti-dumping duties on methyl ethyl ketone (MEK) from Japan, China's Taiwan Province and Singapore. I ts final ruling in the case said these exports constitute dumping and have inflicted losses on local manufacturers.

The duties take effect November 22 and will replace interim penalties that were imposed on August 9 this year.

The rates will range from 9.6 percent to 66.45 percent, depending on the producer, the ministry said in an announcement.

The duties will be in effect for five years, retroactive to the date of the preliminary ruling.

China launched the anti-dumping investigation on November 22, 2006, and the preliminary ruling came out on August 8.

MEK is a solvent widely used in making paints, dyes and lubricants.

China's MEK consumption is expected to reach 240,000 tons next year, with more than half imported, according to the website of the China Engineering Consulting Association.

(Xinhua)
22/11/2007

Source: www.chinadaily.com.cn