U.S. Department of Commerce Finds Dumping of Polyethylene Terephthalate Sheet from South Korea and Oman
For Immediate Release
July 17, 2020
Contact: ITA Office of Public Affairs
WASHINGTON – Today, the U.S. Department of Commerce announced affirmative final determinations in the antidumping duty (AD) investigations of imports of polyethylene terephthalate sheet (PET sheet) from South Korea and Oman.
Commerce determined that exporters from South Korea have dumped PET sheet in the United States at margins ranging from 7.19 percent to 52.01 percent, and that exporters from Oman have dumped PET sheet in the United States at a margin of 4.74 percent.
In 2018, imports of PET sheet from South Korea and Oman were valued at an estimated $90 million and $208 million, respectively.
The petitioners for these investigations are Advanced Extrusions, Inc. (Rogers, Minn.), Ex-Tech Plastics, Inc. (Richmond, Ill.), and Multi-Plastics Extrusions, Inc. (Hazleton, Pa.).
The U.S. International Trade Commission (ITC) is currently scheduled to make its final injury determinations on or about August 31. If the ITC makes affirmative final injury determinations, Commerce will issue AD orders. If the ITC makes negative final determinations of injury, the investigations will be terminated, and no orders will be issued.
The strict enforcement of U.S. trade law is a primary focus of the Trump administration. Since the beginning of the current administration, Commerce has initiated 266 new AD and CVD investigations – a 241 percent increase from the comparable period in the previous administration.
AD laws provide American businesses and workers with an internationally accepted mechanism to seek relief from the harmful effects of unfair pricing of imports into the United States. Commerce currently maintains 529 AD and CVD orders which provide relief to American companies and industries impacted by unfair trade.
Foreign companies that price their products in the U.S. market below the cost of production or below prices in their home markets are subject to AD duties.
The U.S. Department of Commerce’s Enforcement and Compliance unit within the International Trade Administration is responsible for vigorously enforcing U.S. trade laws and does so through an impartial, transparent process that abides by international rules and is based on factual evidence provided on the record.