April 2, 2016
Partner Paul C. Rosenthal was quoted in the Fibre 2 Fashion article “US to slap duties on PET resin from India, 3 others.” Polyethylene terephthalate (PET) resin imports from Canada, China, India and Oman will now be assessed anti-dumping duties after the US International Trade Commission (USITC) determined that a US industry is materially injured by imports from these countries. Imports from China and India will also be assessed countervailing duties. The USITC's decision came after the US Department of Commerce concluded that imports of PET resin were dumped from all four countries and that imports from China and India were also subsidized. The USITC's investigation followed a petition filed on March 10, 2015 by DAK Americas LLC, M&G Chemicals and Nan Ya Plastics Corp. The companies are represented by Kelley Drye, and Mr. Rosenthal commented that, "We have maintained throughout this case that the skyrocketing volume of imports of PET resin from Canada, China, India and Oman has injured the domestic industry with aggressive, dumped and subsidized prices. The domestic industry is extremely pleased that the Commission agreed and that these importers will now be subject to the discipline of trade orders to offset these practices.”
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