Announcement from the Ministry of Commerce: The preliminary ruling is that there is dumping of imported polyphenylene sulfide originating in Japan, the United States, South Korea and Malaysia

【Issuing Unit】Ministry of Commerce

[Release Document Number] Announcement No.

【Release Date】2020-10-16

Japanese company

1.
Toray Corporation 26.
9%

(Toray Industries, Inc.
)

2.
DIC Corporation 27.
3%

(DIC Corporation)

3.
Polyplastics Co.
, Ltd.
25.
2%

(POLYPLASTICS CO.
, LTD.
)

4.
Tosoh Corporation 25.
6%

(Tosoh Corporation)

5.
Idemitsu Lion King Plastics Co.
, Ltd.
33.
6%

(Lion Idemitsu Composites Co.
, LTD.
)

6.
Sumitomo Bakelite Co.
, Ltd.
34.
5%

(Sumitomo Bakelite Co.
, Ltd.
)

7.
Other Japanese companies 69.
1%

(All Others)

American company:

1.
Solvay Specialty Polymers USA Inc.
214.
1%

(Solvay Specialty Polymers USA, LLC)

2.
Fortune Industrial Co.
, Ltd.
220.
9%

(Fortron Industries LLC)

3.
Other U.
S.
companies 220.
9%

(All Others)

Korean company:

1.
Toray Advanced Materials Co.
, Ltd.
26.
4%

(Toray Advanced Materials Korea Inc.
)

2.
SK Chemical Co.
, Ltd.
32.
7%

(SK Chemicals Co.
, Ltd.
)

3.
Other Korean companies 46.
8%

(All Others)

Malaysian company:

1.
Polyplastics (Asia Pacific) 23.
3%

(Polyplastics Asia Pacific Sdn.
Bhd.
)

2.
Di Aisheng Compound (Malaysia) Co.
, Ltd.
40.
5%

(DIC Compounds(Malaysia) Sdn.
Bhd.
)

3.
Other Malaysian companies 40.
5%

(All Others)

3.
Method of levying margin

From October 17, 2020, when importing polyphenylene sulfide originating in Japan, the United States, South Korea, and Malaysia, import operators shall apply to the Customs of the People’s Republic of China in accordance with the dumping margin of each company determined in this preliminary ruling.
Provide corresponding margin
.
The security deposit is calculated and levied based on the customs-approved customs value, and the calculation formula is: the amount of the security deposit = (customs-approved customs value × margin collection rate) × (1 import value-added tax rate)
.

Four, comments

All interested parties may submit written comments to the investigating agency within 10 days from the date of this announcement
.

Ministry of Commerce

October 16, 2020