USA won't overtax PET of Brazil

Completed the research process in place since 2017, the US Government decided not to promulgate surcharge for antidumping to PET imported from Brazil, Indonesia, South Korea, Pakistan and Taiwan. According to sources such as the portal Icis, the resolution follows the opinion resulting from the unanimous vote of the official organ International Trade Commission (ITC) and refutes the position of the Department of Commerce that the polyester landed the five countries was sold in the USA prices below the values considered righteous. The investigation proceeded at the request of four producers of PET in the country: Dak Americas, Indorama Ventures, M&G Polymers and Nan ya Plastics. During the process, by the way, the two PET plants in Brazil were sold to two petitioners of the Thai anti-dumping: Indorama bought the M&G Unit and the Mexican Group Petrotemex, Dak, controller entered the complex of PetroquímicaSuape . In 2017, the ITC registered imports of PET from Brazil to the tune of $ $152.5 million, the second largest amount assessed, losing narrowly to the figure of $ $154 million from Taiwan. The following topics were South Korea, with US $ $127,3 million; Pakistan, with $ $82.6 million and $ $44,9 million, with Taiwan.