FACT
SHEET
Final Determinations
in the Antidumping and Countervailing Duty Investigations on Imports of
Bottle-Grade Polyethylene Terephthalate Resin from India, Indonesia, Taiwan,
and Thailand
On March 15, 2005, the
Department of Commerce (the Department) announced its final determinations
in the above-referenced investigations. In the antidumping investigations,
we found that Indian, Indonesian, and Thai producers/exporters
sold Bottle-Grade Polyethylene Terephthalate (BG
PET) Resin from India, Indonesia, and Thailand in the U.S. market at less
than fair value, with margins ranging from 21.05 to 52.54 percent for
India, 0.00 to 27.61 percent for Indonesia, and 24.83 to 41.28 percent
for Thailand. For Taiwan, we calculated a de minimis dumping
margin of 0.10 percent, and have determined that producers/exporters have
not sold BG PET Resin in the U.S. market at less than fair value. Therefore,
we have terminated the antidumping investigation on imports from Taiwan.
In the countervailing
duty investigations, we
found that
countervailable subsidies were provided to producers/exporters of BG PET
Resin from India, with net subsidy rates ranging from 6.15 percent to
20.26 percent, but found that subsidies provided to Thai producers/exporters
were de minimis (less than two percent) and have therefore terminated
the countervailing duty investigation on imports from Thailand.
Next
Steps: The
United States International Trade Commission (ITC) is currently scheduled
to announce its final injury determinations
on or before April 28. If the ITC makes an affirmative final determinations
that imports of BG
PET Resin from
any of the investigated countries are materially injuring, or threatening
material injury to, the domestic industry, the Department will issue antidumping
and countervailing duty orders and will instruct U.S. Customs and Border
Protection to collect cash deposits on imports of subject merchandise.
If the ITC makes negative injury determinations, the investigations will
be terminated and no orders will be issued. Because of the Department’s
negative determinations in the countervailing duty investigation on imports
from Thailand and in the antidumping investigation on imports from Taiwan,
the ITC will not make injury determinations for these investigations.
Petitioners:
The petition
requesting these investigations was filed on March
24, 2004, by the
United States PET Resin Producers Coalition,
an ad hoc association of domestic producers of BG PET Resin. Individual
members of the coalition include: DAK Americas, LLC (PA);
Nan Ya Plastics Corporation America (SC); Voridian (TN); and Wellman,
Inc.(NJ).
Product
Description:
The merchandise covered by these investigations is BG PET Resin. BG PET
Resin is commonly used to manufacture bottles, sheet, and strapping, whose
applications include packaging for consumer goods such as soft drinks,
water, juice, fresh fruit, as well as cosmetics and household cleaners.
The scope includes
BG PET Resin that contains various additives introduced in the manufacturing
process. The scope of the investigations does not include post-consumer
recycled or post-industrial recycled PET Resin, waste and scrap PET Resin,
and fiber-grade PET Resin. Additional information on the scope of the
investigations may be found in the Department’s Notice of Final
Determination, to be published in the Federal Register.
The merchandise subject
to these investigations is properly classified under subheading 3907.60.0010
of the Harmonized
Tariff Schedule of the United States (HTSUS); however, merchandise classified
under HTSUS subheading 3907.60.0050 that otherwise meets the written description
of the scope is also subject to these investigations. Although
the HTSUS subheadings are provided for convenience and customs purposes,
the written description of the merchandise under investigation is dispositive.
Final
Dumping Margins::
COUNTRY
|
PRODUCER/EXPORTER
|
MARGIN
|
India
|
South Asia Petrochem Ltd.
|
21.05%
|
Reliance Industries Ltd.
|
52.54%
|
All Others
|
21.05%
|
Indonesia
|
P.T. Indorama Synthetics Tbk
|
0.00%
|
P.T. Polypet Karyapersada
|
27.61%
|
P.T. SK Keris
|
27.61%
|
All Others
|
18.41%
|
Taiwan
|
Far Eastern Textile
|
0.10% (de minimis)
|
All Others
|
0.10% (de minimis)
|
Thailand
|
Bangkok Polyester
Public Company, Ltd.
|
24.83%
|
Thai Shinkong Industry
Corporation, Ltd.
|
41.28%
|
All
Others
|
24.83%
|
Final
Countervailing Net Subsidy Rates:
Country
|
Producer/Exporter
|
Net
Subsidy Rate
|
India
|
Reliance
Industries Ltd.
|
20.26%
|
South
Asia Petrochem Ltd.
|
19.08%
|
Futura
Polyesters Ltd.
|
6.15%
|
Elque
Polyesters Ltd.
|
12.41%
|
All
Others
|
14.63%
|
Thailand
|
Thai
Shinkong Industry Corporation Ltd.
|
0.31%
(de minimis)
|
Bangkok
Polyester Public Company Ltd.
|
0.73%
(de minimis)
|
Indopet
(Thailand) Ltd.
|
0.70%
(de minimis)
|
All
Others
|
0.47%
(de minimis)
|
Case
Calenders:
EVENT
|
ANTIDUMPING
DUTY INVESTIGATION
|
COUNTERVAILING
DUTY INVESTIGATION
|
Petitions
Filed
|
March 24, 2004
|
March
24, 2004
|
Initiation
Date
|
April 13, 2004
|
April
13, 2004
|
ITC
Preliminary
|
May 10, 2004
|
May 10, 2004
|
ITA
Preliminary
|
October 20, 2004
|
August
23, 2004
|
ITA
Final
|
March 14, 2005
|
March 14, 2005
|
ITC
Final*
|
April
28, 2005
|
April
28, 2005
|
Signature
of Order**
|
May 5, 2005
|
May 5, 2005
|
*
The ITC will not make final
determinations with respect to the antidumping duty investigation of Taiwan
and the countervailing duty investigation of Thailand since the respondents
received de minimis dumping margin in the final determination,
in the case of Taiwan, and de minimis net subsidy rates in the
final determination, in the case of Thailand.
**
This
will take place only in the event of a final affirmative determination
from the International Trade Commission.
Import
Statistics:
COUNTRY
|
2001
|
2002
|
2003
|
India
|
|
|
|
Volume
(Kgs)
|
7,137,765
|
15,901,101
|
35,622,020
|
Value
($US)
|
$6,797,575
|
$11,732,331
|
$32,235,618
|
|
|
|
|
Indonesia
|
|
|
|
Volume
(Kgs)
|
16,024,899
|
50,471,780
|
37,062,941
|
Value
($US)
|
$13,499,919
|
$37,990,396
|
$30,762,827
|
|
|
|
|
Taiwan
|
|
|
|
Volume
(Kgs)
|
1,612,689
|
4,783,272
|
29,241,870
|
Value
($US)
|
$1,457,736
|
$3,754,600
|
$26,013,155
|
|
|
|
|
Thailand
|
|
|
|
Volume
(Kgs)
|
21,261,088
|
50,188,399
|
93,149,855
|
Value
($US)
|
$19,730,865
|
$40,301,572
|
$78,141,312
|
Source:
U.S. ITC Trade DataWeb for HTS 3907.60.0010.
(Note:
merchandise
classified under HTSUS subheading 3907.60.0050 that otherwise meets the
written description of the scope is also subject to these investigations).
|