Beijing – China’s Ministry of Commerce (Mofcom) lifted anti-dumping duties against imports of TDI 80/20 from the EU on 12 March 2018.
According to a statement, the ministry said it had not received 'any qualified applications for final review within the prescribed time limit (60 days before the expiry date).'
The ministry added that it had decided 'not to initiate an investigation for the final review on its own.’
Duties were levied five years ago following the ministry’s investigation that dumping ‘substantially damaged’ China’s TDI industry.
Duty rates imposed on companies were set as follows:
- Bayer Material Science (Covestro): 19.2%
- BorsodChem: 6.6%
- Zaklady Chemiczne (Zachem):37.7%
- Perstorp (now Vencorex) France: 37.7%
- Dow Chemical, Tarragona: 37.7%
- All others: 37.7%
Several Chinese TDI makers, such as Cangzhou Dahua and Gansu Yinguang Juyin, two of the country’s four largest companies in the segment, asked for an investigation five years ago.
Four Chinese TDI makers including Cangzhou Dahua and Gansu Yinguang Juyin are facing trial for fixing the price of TDI in the local market as UTECH-polyurethane.com reported at the time.
