By Patrick Raleigh, ERJ On-line news editor
Brussels-The European Commission is investigating alleged dumping of styrene-butadiene-styrene (SBS) rubber by suppliers in South Korea and Russia. The anti-dumping probe followed a petition by the European Chemical Industry Council (Cefic) on behalf of European producers.
The EC investigation could lead to provisional duties on Korean and Russian SBS imports from early next year, according to Judit Perez, the Cefic official in charge of anti-dumping issues. The regulators, she said, will then have a further six months to decide on whether or not to fully impose duties for a five-year period.
Cefic has also successfully petitioned the EC to carry out an interim review of the anti-dumping measures placed on SBS rubber imports from Taiwan in 2000. These duties, which are currently around 5 percent, are due to expire next year.
Following the review, the Commission could decide to increase the tariffs on Taiwanese imports and extend them for another five years, according to Perez. The main purpose of the measures, she said, is to enable European producers to recover market position.