Unanimous ITC Vote Brings Win for KPIC in Antidumping Investigation
The AMS team, alongside Capital Trade Economists, led client Korea Petrochemical Industry Co. Ltd. (“KPIC”) to a unanimous victory at the U.S. International Trade Commission (“ITC”) in the antidumping duty investigation of ultra-high molecular weight polyethylene from Korea.
The ITC, in a 5-0 vote determined that a U.S. industry is not materially injured or threatened with material injury by the imports of ultra-high molecular weight polyethylene from Korea that, according to the U.S. Department of Commerce (“Commerce”), are sold in the United States at less than fair value.
This win follows Commerce’s final determination in February 2021 that KPIC was selling its ultra-high molecular weight polyethylene in the United States at dumping margins less than one tenth of those alleged by petitioner Celanese in its March 2020 petition for this investigation.
This investigation was conducted under ITC Inv. No. 731-TA-1474 and Commerce Case No. A-580-907. The ITC’s public report supporting its findings will be available by April 26, 2021 at the following link: http://pubapps.usitc.gov/applications/publogs/qry_publication_loglist.asp.
*International Trade Advisor not licensed to practice law.
March 22, 2021