Mobile
browsing
2019-04-11 12:23
September 4, 2018 - 09:32 BJT (01:32 GMT) MOFCOM
In accordance with the Anti-dumping Regulations of the People's Republic of China (hereinafter referred to as the "Anti-dumping Regulations"), on December 29, 2017, the Ministry of Commerce (hereinafter referred to as the "Investigation Authority") issued Announcement No.83 of 2017, deciding to carry out anti-dumping investigation against imports of Butan-1-ol originating in Taiwan Region, Malaysia and the United States.
The Investigation Authority has investigated into the existence of dumping and dumping margin, the existence of damage to industry in mainland China caused by the products under investigation and the extent of such damage, as well as the causal relationship between the dumping and the damage. The Investigation Authority has made a preliminary ruling (see the Annex) according to the investigation findings and Article 24 of the Anti-dumping Regulations. Relevant matters are hereby announced as follows:
I. Preliminary ruling
The Investigation Authority preliminarily ruled that there was dumping of Butan-1-ol originating in Taiwan region, Malaysia and the United States and the Butan-1-ol industry in mainland China was substantially damaged, and there was causal relationship between the dumping and the substantive damage.
II. Levying of margin
The Investigation Authority decides to carry out interim anti-dumping measures by levying margin according to Article 28 and Article 29 of the Anti-dumping Regulations. As of September 4, 2018, import operators shall pay relevant margin to the Customs of the People's Republic of China at the rate determined by this ruling for each company when importing the product under investigation.
Details of the product under investigation are as follows:
Scope of investigation: imports of Butan-1-ol originating in Taiwan region,
Malaysia and the United States.
Name of the product under investigation: 正丁醇,
also known as 1-丁醇、丙原醇、酪醇
Names in English: Butan-1-ol, or 1-Butanol,
N-Butanol, N-Butyl Alcohol
Chemical formula: CH3 (CH2) 3OH
Chemical
structural formula:
Physical and chemical characteristics: ODCB is an organic chemical product;
from its appearance, it is usually colorless and volatile liquid. It smells like
wine and is flammable. It is slightly soluble in water, and is miscible with
ethanol, ether and other organic solvents.
Main purposes: Butan-1-ol is an important organic chemical raw material and mainly used to produce downstream products such as butyl acrylate, butyl acetate, dibutyl phthalate, butylamine and ethylene glycol monobutyl ether. It is widely used in paint, adhesive, textile additives, plasticizers and other fields.Butan-1-ol is also an extractant for grease, biochemical medicine and perfume, an additive for alkyd resin coatings, and also used to make surfactants. At the same time, Butan-1-ol is also an excellent organic solvent.
The product is listed under tariff number of 29051300 in the Customs Import and Export Tariff of the People's Republic of China.
Rates of margin imposed on companies are as follows:
Companies of Taiwan region:
1. FORMOSA PLASTICS CORPORATION 6.0%
2. All
others 56.1%
Companies of Malaysia:
1. PETRONAS CHEMICALSDERIVATIVES SDN
BHD 12.7%
2. BASF PETRONAS Chemicals Sdn Bhd 26.7%
3. Optimal Chemicals
Sdn Bhd 26.7%
4. All others 26.7%
Companies of the United
States:
1.OXEA CORPORATION 52.3%
2.Eastman Chemical Company 139. 8%
3.
The Dow Chemical Company 139. 8%
4. BASF Corporation 139. 8%
5. All others
139. 8%
III. Methods on levying of margin
As of September 4, 2018, import operators shall pay relevant margin to the Customs of the People’s Republic of China according to the dumping margin determined by this ruling for each company when importing Butan-1-ol originating in Taiwan region, Malaysia and the United States. The margin is levied by means of ad valorem on the basis of dutiable value authorized by China Customs, and the formula is: margin = (dutiable value authorized by the Customs * levying rate)* (1+ import value-added tax rate).
IV. Comments
An interested party may submit written comments to the Investigation Authority within 10 days from the promulgation date hereof.
(All information published in this website is authentic in Chinese. English is provided for reference only. )