Australia investigates PVC imports

By Kate Tilley
Correspondent

Published: September 7, 2012 6:00 am ET

Related to this story

Topics Materials, Public Policy, Suppliers

CANBERRA, AUSTRALIA (Sept. 7, 1 p.m. ET) — The Canberra-based Australian Customs and Border Protection Service (ACBPS) has launched three separate inquiries into anti-dumping measures on PVC homopolymer resin exported from Japan, the United States and South Korea.

The first inquiry is investigating normal values and non-injurious free on board (NIFOB) prices for U.S. and Japanese imports. The second is reviewing anti-dumping measures for Japanese imports, which expire Oct. 22, 2012. The third is investigating the alleged dumping of PVC exported from Korea.

Anti-dumping measures apply where the export price of goods is lower than ascertained normal values and NIFOB prices. NIFOB is the minimum price necessary to prevent injury, or a recurrence of injury, to the Australian industry by dumping.

Anti-dumping measures were imposed on PVC from the U.S. and Japan in 1992 and are supposed to be reviewed every five years. The measures were last reviewed in 2005 when revised normal values and NIFOBs were fixed for all exporters.

On Feb. 2, Melbourne-based Chemiplas Australia Pty Ltd, which imports Japanese and U.S. PVC, asked for normal value and NIFOB prices to be reviewed. Chemiplas said PVC prices have fluctuated since the 2005 review, so the values have changed.

ACBPS launched a separate inquiry on Feb. 24 into whether anti-dumping measures applying to PVC exported from Japan should continue, after Australia’s sole PVC manufacturer, Melbourne-based Australian Vinyls Corp. Pty. Ltd. (AVC), made an application.

AVC wants the measures to continue because it claims it is susceptible to further injury should the Australian PVC market deteriorate or if other market pressures emerge.

ACBPS’s preliminary view is that without anti-dumping measures, Japanese exports will continue or resume, causing material injury to Australia’s PVC industry. A final report is also due Sept. 25.

On April 23, ACBPS launched an investigation into the alleged dumping of PVC exported from Korea after AVC lodged a submission.

ACBPS said its preliminary view is Korean PVC exports are being dumped, causing “material injury” to the Australian market. It found the dumping margin was 3.43 percent.

Provisional anti-dumping measures in the form of dumping securities were imposed on Korean PVC exports on June 28. Anti-dumping measures previously applied to Korean exports from 2000 to 2010.


Comments

Australia investigates PVC imports

By Kate Tilley
Correspondent

Published: September 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Unique Tool adding equipment, jobs

October 30, 2014 1:52 pm ET

Mold maker Unique Tool & Gauge Inc., is planning to invest more than $3.5 million dollars in new equipment for its Windsor, Ontario, facility.    More

Image

PP prices rise, solid PS, PET drop

October 30, 2014 1:15 pm ET

North American polypropylene resin prices surged again in October, while regional prices for solid polystyrene and PET bottle resin continued their...    More

Image

Italian compounder opening first US plant

October 30, 2014 9:45 am ET

The song of the South has led Italian compounder So.F.Ter Group to open its first plant in the United States in Lebanon, Tenn.    More

Image

Ineos closing Barex plant, exiting business

October 29, 2014 3:58 pm ET

Materials maker Ineos Group is closing its only global Barex-brand polyacrylonitrile (PAN) resin plant in Lima, Ohio. Ineos – based in Rolle,...    More

Image

Five-axis flexibility paying off for Sepro and its customers

October 29, 2014 1:47 pm ET

French robot maker Sepro Robotique expects to generate 78 million euros ($99 million) in 2014 sales — 17 percent more than 2013 — as Sepro...    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events