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

Compounding products and services

November 24, 2014 9:47 am ET

   More

Image

EU sets consumption goal of 40 plastic bags per person by 2025

November 24, 2014 9:27 am ET

Representatives of European Union member states hammered out a deal Nov. 21 to reduce consumption of lightweight plastic bags to 40 bags per person...    More

Image

Residents ask court to close pipe maker

November 21, 2014 3:22 pm ET

Residents living by National Pipe & Plastics Inc.'s new factory in an industrial zone of Endicott, N.Y., say the facility has “devastated the...    More

Image

Small is beautiful in Nissei's newest press

November 21, 2014 2:14 pm ET

Responding to customer demand for flexibility, Japanese plastics-equipment manufacturer Nissei Plastic Industrial Co. Ltd. is demoing a caster-...    More

Image

Three advancements have driven injection molding technology

November 21, 2014 6:00 am ET

Injection molding technology has made major advances in the last 25 years, from largely a world of shoot-and-ship to doing as much as possible at the ...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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