Business / Macro

China imposes anti-dumping duty on US chemicals

(chinadaily.com.cn) Updated: 2013-01-25 21:14

China's Ministry of Commerce imposed anti-dumping duties ranging from 9.3 percent to 18.8 percent on Friday on chemicals imported from the United States and the European Union, said a statement on the website of the ministry.

The chemicals are ethylene glycol monobutyl ether and diethylene glycol monobutyl ether, which are mainly used as solvents for paint, nitrocellulose, synthetic resin, enamel, grease and paint deleting reagents.

The ministry found that the dumping of these products injured domestic industries and will start the five-year anti-dumping duties from Jan 28, 2013.

The investigation was launched on Nov 18, 2011, with a preliminary ruling on July 27, 2012.

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