China is reconsidering the necessity of imposing anti-dumping
duty on a Russian caprolactam supplier, the Ministry of Commerce
announced on Monday.
Kemerovo Joint Stock Company "AZOT", a major chemical plant in
west Siberia, filed in July an application to the ministry for a
re-examination of the anti-dumping duty on its caprolactam, a white
crystalline cyclic amide used in the production of nylon, the
ministry said.
The company claimed that it had reduced dumping to China, and
the primary evidence it offered complied with China's relevant
regulations and rules; its application was accepted and the
re-examination work started on Monday, the ministry said.
China started to impose anti-dumping duties on the imports of
caprolactam from companies in Japan, Belgium, Germany, the
Netherlands and Russia from June of 2003, as an earlier
investigation found that dumping by these companies had done
substantial damage to the domestic industry.
The Ministry of Commerce decided that exports from these
caprolactam suppliers to China are subject to anti-dumping duties
for five years, with the tax rate ranging from 5 to 28 percent. The
rate on Kemerovo Joint Stock Company is 9 percent.
(Xinhua News Agency September 3, 2007)
