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
Companies & Associations

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

Commerce Department agrees to investigate PET dumping complaint

April 1, 2015 1:42 pm ET

UPDATED — A flood of alleged low-priced PET resin imports has led three U.S. PET makers to seek anti-dumping duties.    More

Image

Fire at Texas plant could impact polypropylene market

April 1, 2015 11:21 am ET

UPDATED — No injuries were reported in a March 30 fire at an ExxonMobil Chemical propylene unit in Beaumont, Texas — but the incident...    More

Image

Solegear raising funds as it debuts on TSX Venture stock exchange

April 1, 2015 11:08 am ET

A fledgling bioplastics company has raised capital for growth and obtained a listing on the TSX Venture stock exchange.    More

Image

Lanxess merges PU additives into Rhein Chemie division

April 1, 2015 9:17 am ET

German resin company Lanxess AG has combined the activities of the former Rhein Chemie and its Lanxess functional additives business into a new Rhein ...    More

Image

North American Pipe unit lab to focus on 'modern, innovative' formulations

March 31, 2015 3:25 pm ET

North American Specialty Products LLC — a unit of North American Pipe Corp. — has opened a new material science lab in Leola, Pa.    More

Market Reports

Trends in Resin Distribution

The growth of the North American resin distribution market is undeniable - and industry analysts are confident that growth will continue in 2015 and beyond.

This new report analyzes market trends and provides data on historical sales trends for PE (distribution and resellers), PolyOne Distribution figures, U.S. ethylene expansions based on shale gas and natural gas production by category to 2035.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion 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

Upcoming Plastics News Events

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

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

More Events