(Yicai Global) March 7 -- China has launched an anti-dumping review of Bisphenol A (BPA) imported from Thailand at the request of domestic companies.
The dumping investigation period is Oct. 1, 2015 to Sept. 30, 2016 and the industry injury investigation period is Jan. 1, 2013 to Sept. 30, 2016, the ministry of commerce said on its website yesterday. The review should end on March 6 next year but it may be extended to Sept. 6, 2018 under exceptional circumstances.
The ministry received a formal request for a review from Nantong Xingchen Synthetic Material Co. and four other companies on behalf of the industry, claiming that BPA products from Thailand have caused them heavy losses since 2013 and those losses worsened resulting in deterioration in return on investment and cash flow. The domestic industry has been materially injured by Thai imports and a causal relationship is established between the dumping of the imported products and the injuries.
BPA is one of the most commonly used industrial compounds in the world, and is widely applied in the production of canned food and beverage packaging sealants, eyeglasses and hundreds of household products. It is also used in making plasticizers, rubber antioxidants, agricultural fungicides, paints and UV absorbers.