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Markets :: Basic Chemicals :: Petrochemicals :: Caprolactam

China Slaps Dumping Duties on Caprolactam from U.S. and EU

10:55 AM MDT | October 25, 2011 | Deepti Ramesh

The Ministry of Commerce (Mofcom; Beijing) says that China will impose antidumping duties on imports of caprolactam from the U.S. and European Union (EU), for five years starting October 22, 2011. An antidumping investigation was launched in April 2010 following complaints from two undisclosed subsidiaries of Sinopec. Mofcom, in its final ruling announced last week, says that dumping exists in caprolactam imports from the U.S. and EU, and has caused substantial damage to the Chinese caprolactam industry. DSM Fibre Intermediates and six other European companies...

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