Urethane Blog
Epoxy Resin Antidumping Update
December 11, 2024
Preliminary Affirmative Determinations in the Antidumping Duty Investigations of Epoxy Resins from the People’s Republic of China, India, the Republic of Korea, Taiwan and Thailand.
On November 7, 2024, the U.S. Department of Commerce (Commerce) announced its preliminary affirmative determinations in the antidumping duty (AD) investigations of epoxy resins from People’s Republic of China (China), India, the Republic of Korea (Korea), Taiwan, and Thailand. Commerce is conducting concurrent countervailing duty (CVD) investigations of epoxy resins from China, India, Korea, and Taiwan.
Preliminary Dumping Rates
China
| Exporter/Producer | Dumping Margin (Percent) | Cash Deposit Rate (Adjusted for Subsidy Offset) (percent) |
|---|---|---|
| China-Wide Entity* | 354.99 | 344.45 |
*Rate based on facts available with adverse inferences.
India
| Exporter/Producer | Dumping Margin (Percent) | Cash Deposit Rate (Adjusted for Subsidy Offset) (percent) |
|---|---|---|
| Atul Limited | 12.01 | 10.52 |
| Champion Advanced Materials | 15.68* | 0.00* |
| All Others | 12.01 | 10.52 |
*Rate is based on Adverse Facts Available (AFA).
Korea
| Exporter/Producer | Dumping Margin (Percent) |
|---|---|
| Kukdo Chemical Co. Ltd/Kukdo Finechem | 24.65 |
| Kumho P&B Chemicals Inc. | 16.02 |
| All Others | 21.56 |
Taiwan
| Exporter/Producer | Dumping Margin (Percent) |
|---|---|
| Nan Ya Plastics Corporation | 20.61 |
| Chang Chun Plastics Co., Ltd. | 9.43 |
| All Others | 14.81 |
Thailand
| Exporter/Producer | Dumping Margin (Percent) |
|---|---|
| Aditya Birla Chemicals (Thailand) Limited | 5.59 |
| All Others | 5.59 |
Case Calendar
| Event | AD INVESTIGATION |
|---|---|
| Petition Filed | April 3, 2024 |
| Commerce Initiation Date | April 23, 2024 |
| ITC Preliminary Determinations | May 20, 2024 |
| Commerce Preliminary Determinations | November 7, 2024 |
| Commerce China Final Determination | January 21, 2025 |
| ITC Final China Determination* | March 7, 2025 |
| Issuance of China Order** | March 14, 2025 |
| Commerce Final Determinations | March 27, 2025 |
| ITC Final Determinations* | May 12, 2025 |
| Issuance of Orders** | May 19, 2025 |
NOTE: Commerce’s preliminary and final determination deadlines are governed by statute. For AD investigations, the deadlines are set forth in sections 733(b) and 735(a) of the Tariff Act of 1930, as amended (the Act). For CVD investigations, the deadlines are set forth in sections 703(b) and 705(a)(1) of the Act.
* This will take place only in the event of a final affirmative determination from Commerce.
** This will take place only in the event of final affirmative determinations from Commerce and the U.S. International Trade Commission (ITC).
IMPORT STATISTICS:
| CHina | 2021 | 2022 | 2023 |
|---|---|---|---|
| Volume (lbs) | 8,422,944 | 6,325,121 | 4,084,046 |
| Value (USD) | $ 16,010,873 | $ 9,828,551 | $ 5,713,015 |
| India | 2021 | 2022 | 2023 |
|---|---|---|---|
| Volume (lbs) | 1,989,235 | 4,481,097 | 4,720,313 |
| Value (USD) | $ 4,746,992 | $ 11,544,062 | $ 7,638,308 |
| Korea | 2021 | 2022 | 2023 |
|---|---|---|---|
| Volume (lbs) | 149,812,310 | 183,972,055 | 124,718,712 |
| Value (USD) | $ 337,791,283 | $ 488,536,144 | $ 204,619,008 |
| Taiwan | 2021 | 2022 | 2023 |
|---|---|---|---|
| Volume (lbs) | 16,525,475 | 32,454,690 | 40,026,647 |
| Value (USD) | $ 33,749,942 | $ 63,666,493 | $ 51,496,148 |
| Thailand | 2021 | 2022 | 2023 |
|---|---|---|---|
| Volume (lbs) | 12,354,755 | 10,480,614 | 12,718,384 |
| Value (USD) | $ 22,336,233 | $ 23,051,817 | $ 19,769,126 |
Source: U.S. Census Bureau, accessed through S&P Global Trade Atlas (Harmonized Tariff Schedule of the United States (HTSUS) subheading 3907.30.0000.
Other Case Information
- The petitioner is the U.S. Epoxy Resin Producers Ad Hoc Coalition, which consists of Olin Corporation (Clayton, MO) and Westlake Corporation (Houston, TX).
- For general information and next steps, please refer to a list of preliminary FAQs.
- To date, Commerce maintains 714 AD and CVD orders that provide relief to American companies and industries impacted by unfair trade.
- Additional case information, including the scope of the investigations, are on file electronically via Enforcement and Compliance’s Antidumping and Countervailing Duty Centralized Electronic Service System (ACCESS). Once you log in, please refer to case numbers:
- China A-570-166, C-570-167
- India A-533-926, C-533-927
- Korea A-580-919, C-580-920
- Taiwan A-583-876, C-583-877
- Thailand A-549-850
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