IHS Chemical Week

EnviroTech :: Regulatory

Korea to Extend Antidumping Duties on PET Films from China and India

4:28 AM MDT | May 24, 2012 | Sotirios Frantzanas

The Ministry of Strategy and Finance (Mosf; Gwacheon City, South Korea) says it will extend antidumping duties on polyethelene terepthalate (PET) films imported from China and India for three more years in a bid to protect local manufacturers. The antidumping tariffs that will be imposed on PET films imported from China and India for the next three years range from 5.87% to 25.32%. The re-imposition of antidumping duties was recommended to Mosf by the Korea Trade Commission after local companies requested the extension of the duties to protect their...

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