PetroChina Co. prompts investigation into butyric alcohol supplied from Taiwan 2014 – 2017
Taiwan News
Date: 2018/01/01
By: Liao Yu-yang and Frances Huang,Central News Agency
TAIPEI (CNA) — China has launched an investigation into chemical firms in Taiwan, alleging
PetroChina refueling station (By Wikimedia Commons)
they sold certain chemicals on the Chinese market at unfairly low prices, according to the Ministry of Economic Affairs (MOEA).
In addition to Taiwan, the MOEA said China’s Ministry of Commerce (MOC) has accused butyric alcohol vendors from Malaysia and the United States of dumping.
Butyric alcohol is one of the key ingredients used in the production of a wide range of petrochemical items such as coating materials, adhesives, textile auxiliaries and plasticizers.
According to China’s MOC, the investigation will focus on butyric alcohol from those exporters from Jan. 1, 2014 to June 30, 2017, to determine whether the imports harmed their Chinese counterparts. [FULL STORY]
