South Korea Acetone: Final Results of AD Admin Review
The Commerce Department has released the final results of the antidumping duty administrative review on acetone from South Korea (A-580-899). Commerce found the one company remaining under review, Kumho P&B Chemicals, Inc., did not undersell subject merchandise during the period of review, assigning it a zero percent AD rate. Subject merchandise from Kumho P&B Chemicals entered March 1, 2023, through Feb. 29, 2024, will be liquidated without any assessment of AD, and future entries of subject merchandise from the company won't be subject to AD cash deposit requirements until further notice. Cash deposit rates from these final results take effect Nov. 24, the date they are set to be published in the Federal Register.
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For exporters of subject merchandise that were not under review (i.e., all except Kumho P&B Chemicals), cash deposit rates remain at the level set in the most recent review of each respective company. If the exporter has never been assigned its own AD rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate of 33.1% applies.
(The review period is 03/01/23 - 02/29/24. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2507100020 for a summary of the preliminary results of this administrative review.)