AD/CV Investigations of Bottle-Grade PET Resin from India, Indonesia, and Thailand to Be Terminated
The International Trade Commission (ITC) has issued a press release on its final negative antidumping (AD) and countervailing (CV) injury determinations stating that the U.S. industry is neither materially injured nor threatened with material injury by reason of imports of bottle-grade polyethylene terephthalate (PET) resin from India, Indonesia and Thailand which the International Trade Administration (ITA) has determined are sold in the U.S. at less than fair value, or by reason of imports of bottle-grade PET resin from India which the ITA has determined are subsidized.
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No AD or CV Duty Orders to Be Issued
As a result of its negative determinations, the ITC states that no AD or CV duty orders will be issued on subject imports from India, Indonesia, and Thailand.
It is expected that the ITA's AD and CV investigations (A-533-841, A-560-817, A-549-823, and C-533-842) will be terminated, and the ITA will soon send instructions to U.S. Customs and Border Protection (CBP) regarding the lifting of the suspension of liquidation on, and refunding AD/CV cash deposits and releasing bonds for, entries of subject merchandise.
ITA sources have previously noted that an investigation would not be terminated in the unlikely event that litigation to dispute an ITC determination is initiated.
(See ITT's Online Archives or 06/02/04 news, 04060235, for BP listing of the ITC's preliminary affirmative AD and CV injury determinations.
See ITT's Online Archives or 03/22/05 news, 05032230, for BP summary of ITA's final affirmative AD duty determinations for India, Indonesia, and Thailand. See ITT's Online Archives or 03/22/05 news, 05032240, for BP summary of ITA's final affirmative CV duty determination for India, and its final negative CV duty determination for Thailand which resulted in termination of the CV investigation for Thailand.
See ITT's Online Archives or 03/22/05 news, 05032235, for BP summary of the ITA's final negative AD duty determination for Taiwan which resulted in termination of the AD investigation for Taiwan.)
ITC contact - Peg O'Laughlin (202) 205-1819
ITC press release 05-042 (Inv. Nos. 731-TA-1077, 731-TA-1078, 731-TA-1080 and 701-TA-439; dated 04/18/05) available at http://www.usitc.gov/ext_relations/news_release/2005/er0419cc1.HTM