ITC Issues Negative Final Injury Determinations on AD and CVD Investigations on PET Resin
On April 18, 2005, the U.S. International Trade Commission (ITC) issued negative injury determinations in the antidumping and countervailing duty investigations on bottle-grade Polyethylene Terephthalate (PET) Resin from India, Indonesia and Thailand (Investigations Nos. 701-TA-439 and 731-TA-1077, 1078 and 1080 (Final)). By a 5-1 vote, the ITC Commissioners determined that a U.S. industry is not materially injured or threatened with material injury by reason of imports of polyethylene terephthalate (PET) resin from India that the U.S. Department of Commerce has determined are subsidized and imports of this product from India, Indonesia, and Thailand that the U.S. Department of Commerce has determined are sold in the U.S. at less than fair value. Chairman Stephen Koplan, Vice Chairman Deanna Tanner Okun, and Commissioners Jennifer A. Hillman, Charlotte R. Lane, and Daniel R. Pearson voted in the negative. Commissioner Marcia E. Miller voted in the affirmative. As a result of the Commission's negative determinations, no countervailing duty or antidumping duty orders on imports of this product from India, Indonesia and Thailand will be issued.
The antidumping and countervailing petitions that launched this case were field by the U.S. PET Resin Producers' Coalition, consisting of DAK Americas, LLC, Nan Ya Plastics Corporation, Voridian, a division of Eastman Chemical Company and Wellman, Inc.
|posted by Douglas N. Jacobson| Permalink 
