China announces anti-dumping duties on plastics from US, EU, Japan and Taiwan

By Colleen Howe

BEIJING, May 18 (Reuters) - China's commerce ministry on Sunday levied anti-dumping duties of as high as 74.9% on imports of POM copolymers, a type of engineering plastic, from the European Union, the United States, Japan and Taiwan, according to an official announcement.

The highest anti-dumping rates of 74.9% were levied on imports from the United States, while European shipments will face 34.5% duties.

China also slapped 35.5% duties on Japanese imports, except in the case of Asahi Kasei Corp, which was given a company-specific rate of 24.5%.

General duties of 32.6% were placed on imports from Taiwan, but Formosa Plastics and Polyplastics Taiwan received lower rates of 4% and 3.8%, respectively.