Share News Channel

The United States makes preliminary anti-subsidy rulings on paper plates produced in China and Vietn

2024-10-10 15:16970

On June 25, 2024, the U.S. Department of Commerce issued an announcement to make a positive preliminary anti-subsidy ruling on certain paper plates imported from China and Vietnam. The preliminary ruling:

 

  (1) Chinese enterprises:

 

  Fuzhou Hengli Paper Co., Ltd.’s tax rate is 11.53%;

 

  The tax rate of Jinhua P&P Product Co., Ltd. is 3.54%;

 

  Ningbo Artcool Co., Ltd.; Ningbo Fenghua Yongfa Printing Stationery Co., Ltd.; Zhejiang Kingsun Eco -Pack Co., Ltd.); Zhejiang Lingrong Crafts Co., Ltd. was subject to a punitive tax rate of 313.14% because it failed to cooperate in responding to the lawsuit;

 

  The tax rate for other manufacturers/exporters is 10.64%.

 

  (2) Vietnamese enterprises:

 

  Go-Pak Paper Products Vietnam Co., Ltd. tax rate is 5.48%;

 

  A punitive tax rate of 237.65% was applied to Innovative Sonic Vietnam International, Ningbo Changya Plastic Vietnam Company, Ningbo Changya Plastic Vietnam, SCG Vietnam and Xie Li Vietnam International Company Limited for failing to cooperate in responding to the lawsuit;

 

  The tax rate for other manufacturers/exporters is 5.48%.

 

  The U.S. Department of Commerce is expected to make a final countervailing ruling on November 5, 2024. This case involves products under US Customs Code 4823.69.0040.

 

  From 2021 to 2023, the import volume and import value of paper plates into the United States from China and Vietnam are as follows:

 

  On February 15, 2024, the U.S. Department of Commerce launched an anti-dumping investigation into paper plates imported from China, Thailand and Vietnam, and a countervailing investigation into paper plates imported from China and Vietnam.


Favorite 0
Comment 0
Minfeng Special Paper: Net profit is expected to increase by 124.00% year-on-year in the first three
On October 12, the A-share listed company Minfeng Special Paper released its performance forecast for the first three quarters. The company expects its performance to increase significantly from Janua

02024-12-0483

Giants such as D&E and Siegwerk have increased their investment, and competition in the Asia-Pacific
Southeast Asia, particularly India, Indonesia, Malaysia, Vietnam and Thailand, has been leading the way in the region's economic growth. The Asia-Pacific printing industry, especially packaging pr

02024-12-0477

Dongfang Precision: Net profit is expected to increase by 15%-25% year-on-year in the first three qu
Dongfang Precision disclosed its performance forecast on the evening of October 14. It is expected that the net profit attributable to the parent company in the first three quarters of 2024 will be 31

02024-10-2983

Sun Paper won the right to use two construction land in Beihai
According to the Beihai Municipal Natural Resources Bureau, on October 10, 2024, Shandong Sun Holding Group Co., Ltd. and Guangxi Sun Paper Cardboard Co., Ltd. respectively won a retail commercial lan

02024-10-2987

Shanying International plans to sell its entire stake in Nordic Paper for approximately 1.1 billion
 Shanying International announced that Strategic V, alue Partners, LLC (SVP) plans to issue a cash offer of 50 Swedish kronor per share to shareholders of Nordic Paper through its subsidiary Conifero

02024-10-2987

A comprehensive interpretation of the Indian packaging and printing market, the latest market data a
The Indian printing and packaging industry is rebounding strongly after the COVID-19 downturn, with strong growth in the packaging sector and growth in commercial printing. In India, Ahmedabad-based L

02024-10-10104

What data was revealed after drupa 2024 ended?
Recently, the foreign media Printweek announced that according to the Dusseldorf Exhibition Hall, the 11-day Drupa (Drupa2024) exhibition, which closed on June 7, attracted a total of 170,000 visitors

02024-10-10100

The EU imposes temporary tariffs on Chinese titanium dioxide! What impact will it have on the paper
On June 14, the European Commission announced the latest progress of the anti-dumping investigation carried out against my country's titanium dioxide companies last year. It showed that the five l

02024-10-10100

From "excessive value" to "price victory", how do packaging companies respond to
Consumer products companies are reportedly changing their recent value over volume strategy as inflation-hit consumers abandon high-end products. Company executives and analysts say packaging customer

02024-10-1099