Three U.S. PET makers are claiming victory in their battle against PET imported from four other countries.
The U.S. International Trade Commission on March 31 voted 6-0 that PET imports from Canada, China, India and Oman are causing injury to the U.S. PET industry. As a result, anti-dumping duties now will be placed on PET imported from those nations.
Canadian PET will pay a 13.6 percent anti-dumping duty, while Chinese PET will be charged a duty of between 104.98 percent and 126.58 percent. The anti-dumping duty on Indian PET will be between 8.03 percent and 19.41 percent, while the duty on PET from Oman will be 7.82 percent.
The U.S. Commerce Department also will place countervailing duties of 6.83-47.56 percent on Chinese PET and of 5.12-153.8 percent on Indian PET. The department earlier had ruled that PET makers in Oman had not received countervailable subsidies.
An anti-dumping complaint had been filed in March 2015 by PET makers DAK Americas LLC, M&G Group and Nan Ya Plastics Corp. DAK officials at the time said that the four countries named in the complaint accounted for almost 53 percent of all PET imported into the United States in 2014.
The three U.S. PET makers were represented in the case by law firm Kelley Drye & Warren LLP of New York. In a March 31 news release, Paul Rosenthal — a lawyer with the firm — said that the domestic PET industry “is extremely pleased that the commission agreed, and that these importers now will be subject to the discipline of trade orders to offset these practices.”
