Focus Taiwan
Date: 2018/12/29
By: Frances Huang 

Taipei, Dec. 29 (CNA) China has imposed anti-dumping tariffs on chemical companies in Taiwan, the United States and Malaysia, effective from Saturday, after vendors from those countries were found to have sold butyl alcohol at unfairly low prices in China.

China’s Ministry of Commerce (MOC) issued a final ruling in an investigation dating back to late 2017, finding that imports of butyl alcohol from the three economies have caused material damage to Chinese makers of the product.

Butyl alcohol is an important chemical ingredient used in the production of a wide range of products such as paints, adhesives and plasticizers.

Among Taiwanese companies, Formosa Plastics Corp., a mandatory respondent in the case, was hit with an anti-dumping duty of 6 percent, while other local vendors will face a 56.1 percent tariff, the MOC said in a statement.    [FULL  STORY]