RI slaps antidumping duty on carbon black producers

The Jakarta Post, Jakarta

The government has imposed additional duties on carbon black imported from South Korea, India and Thailand after investigations indicated that the three countries had been dumping the product into the Indonesian market.

The Ministry of Finance said the policy was effective for five years as of Sept. 6.

South Korean companies affected by the policy include Korea Steel Chemical, Columbian Chemical Korea and Korean Carbon Black, which have been imposed anti-dumping duties of 10 percent, 7 percent and 9 percent, respectively.

Other South Korean firms are obliged to pay a 10 percent anti- dumping duty, ministry spokesman Maurin Sitorus said in a statement.

Indian producers, including Philips Carbon Black, must pay an 11 percent anti-dumping duty, while Thai firms, including Thai Carbon Black, is obliged to pay 17 percent.

The petition to investigate carbon black imports from the three countries was filed by PT Cabot Indonesia.

Through investigations conducted in Indonesia and the three countries, the Indonesian Anti-Dumping Committee found proof that the companies had carried out dumping activities, which had caused losses for domestic carbon black producers, Maurin said.