RI slaps antidumping duty on carbon black producers<\/p>\n
The Jakarta Post, Jakarta<\/p>\n
The government has imposed additional duties on carbon black
\nimported from South Korea, India and Thailand after
\ninvestigations indicated that the three countries had been
\ndumping the product into the Indonesian market.<\/p>\n
The Ministry of Finance said the policy was effective for five
\nyears as of Sept. 6.<\/p>\n
South Korean companies affected by the policy include Korea
\nSteel Chemical, Columbian Chemical Korea and Korean Carbon Black,
\nwhich have been imposed anti-dumping duties of 10 percent, 7
\npercent and 9 percent, respectively.<\/p>\n
Other South Korean firms are obliged to pay a 10 percent anti-
\ndumping duty, ministry spokesman Maurin Sitorus said in a
\nstatement.<\/p>\n
Indian producers, including Philips Carbon Black, must pay an
\n11 percent anti-dumping duty, while Thai firms, including Thai
\nCarbon Black, is obliged to pay 17 percent.<\/p>\n
The petition to investigate carbon black imports from the
\nthree countries was filed by PT Cabot Indonesia.<\/p>\n
Through investigations conducted in Indonesia and the three
\ncountries, the Indonesian Anti-Dumping Committee found proof that
\nthe companies had carried out dumping activities, which had
\ncaused losses for domestic carbon black producers, Maurin said.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ri-slaps-antidumping-duty-on-carbon-black-producers-1447893297",
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"sponsor": "Okusi Associates",
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