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The Ministry of Commerce has decided to impose anti-dumping duties on imported ethanolamine originating in the United States, Saudi Arabia, Malaysia and Thailand from Oct. 30, 2018 for a period of five years.
According to the Ministry of Commerce, on Oct. 30, 2017, the Ministry of Commerce issued Announcement No. 67 of 2017 to decide on anti-dumping investigations on imported ethanolamine originating in the United States, Saudi Arabia, Malaysia and Thailand. It was finally ruled that imported ethanolamine originating in the United States, Saudi Arabia, Malaysia and Thailand were dumped, the domestic ethanolamine industry was substantially damaged, and there was a causal relationship between dumping and substantial damage.
It is reported that ethanolamine is mainly used in the production of surfactants, pesticides and pharmaceutical intermediates, chemic necessities and personal hygiene products.
Table 2: Anti-dumping tax rate for ethanolamine imposed on companies from Oct. 30, 2018 in China
The Dow Chemical Company
INEOS Americas LLC
Huntsman Petrochemical LLC
Saudi Basic Industries Corporation
DERIVATIVES SDN BHD/ PETRONAS
CHEMICALS MARKETING(LABUAN) LTD
TOC GLYCOL COMPANY LIMITED
Source: The Ministry of Commerce