FinMin imposes definitive anti-dumping responsibility on chlorinated polyvinyl chloride from China, South Korea

The Finance Ministry has imposed definitive anti-dumping responsibility on Chlorinated Polyvinyl Chloride (CPVC) imports from China and South Korea. This responsibility —imposed on Friday— might be legitimate for 5 years. 

CVPC is a thermoplastic produced by chlorination of polyvinyl chloride (PVC) resin. It’s considerably extra versatile than PVC and might stand up to larger temperatures than commonplace PVC. 

Within the case of China, the definitive anti-dumping responsibility now imposed on CPVC resin stands at $790 per tonne. For CPVC compound imports from China, the anti-dumping responsibility is $605 per tonne.

In the meantime, the CPVC resin imports from South Korea will appeal to anti-dumping responsibility of $593 per tonne, whereas the responsibility for CPVC compound is $792 per tonne, the Income Division has mentioned.

The most recent Income Division transfer comes after the Designated Authority within the Commerce Ministry advisable within the remaining findings of its sundown assessment investigations that anti-dumping responsibility on CVPC from these two international locations be prolonged for 5 extra years.

The sooner anti-dumping responsibility, imposed in March 2020, is ready to run out on August 25, 2024.

DCW Restricted had filed the petition searching for sundown assessment investigation on CVPC imports from China and South Korea.

CVPC is used as a fabric for water piping methods in residential and industrial building as a result of it might probably stand up to corrosive water at temperatures of 40°C to 50°C or larger. 

It’s utilized in cold and warm water plumbing distribution, each at residential and industrial areas, fireplace safety, residential water piping, chilled water piping, hydronic piping and likewise utilized in many industrial piping functions.