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Ministry of Commerce: Continue to impose anti-dumping duties on imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand

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On October 29th, the Ministry of Commerce issued a final review ruling on the anti-dumping measures applicable to imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand.
On October 29, 2018, the Ministry of Commerce issued Announcement No. 81 of 2018, deciding to impose anti-dumping duties on imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand. The anti-dumping rates are 76.0% -97.1% for American companies, 10.1% -27.9% for Saudi Arabian companies, 18.3% -20.3% for Malaysian companies, and 37.6% for Thai companies, respectively. The implementation period is 5 years from October 30, 2018.
On October 26, 2023, in response to the application of China's ethanolamine industry, the Ministry of Commerce issued Announcement No. 41 of 2023, deciding to conduct a final review investigation on the anti-dumping measures applicable to imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand from October 30, 2023.
The Ministry of Commerce has conducted an investigation into the possibility of continued or repeated dumping of imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand, as well as the possibility of continued or repeated damage to the ethanolamine industry in China, if anti-dumping measures are terminated. Based on the investigation results and in accordance with Article 48 of the Anti Dumping Regulations of the People's Republic of China (hereinafter referred to as the "Anti Dumping Regulations"), the Ministry of Commerce has made a review ruling. The relevant matters are hereby announced as follows:
1、 Review ruling
The Ministry of Commerce has ruled that if anti-dumping measures are terminated, the dumping of imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand into China may continue or reoccur, and the damage caused to China's ethanolamine industry may continue or reoccur.
2、 Anti dumping measures
According to Article 50 of the Anti Dumping Regulations, the Ministry of Commerce proposes to the State Council Tariff Commission to continue implementing anti-dumping measures based on the investigation results. The Tariff Commission of the State Council has made a decision based on the recommendation of the Ministry of Commerce to continue imposing anti-dumping duties on imported ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand from October 30, 2024, with a implementation period of 5 years.
The scope of products subject to anti-dumping duties is the products to which the original anti-dumping measures apply, which is consistent with the product scope in Announcement No. 81 of the Ministry of Commerce in 2018.
The tax rates for continuing to impose anti-dumping duties are the same as those stipulated in Announcement No. 81 of the Ministry of Commerce in 2018. The anti-dumping duty rates imposed on each company are as follows:
American company:
1. Dow Chemical Company 76.0%
(The Dow Chemical Company)
2. INEOS USA 97.1%
(INEOS Americas LLC)
3. Huntsman Petrochemical Co., Ltd. 97.1%
Huntsman Petrochemical LLC
4. Other American companies 97.1%
Saudi Arabian company:
1. Saudi Basic Industries Company 10.1%
(Saudi Basic Industries Corporation)
2. Other Saudi Arabian companies 27.9%
Malaysian company:
1. Sinopec Derivatives Company/Sinopec Marketing (Labuan) Co., Ltd. 18.3%
(Petronas Chemicals DERIVATIVES SDN BHD/Petronas Chemicals Marketing (LABUAN) LTD)
(This tax rate only applies to the investigated products produced by Petronas Marketing (Labuan) Co., Ltd. for export sales to China, and in any other case, the anti-dumping tax rate of "other Malaysian companies" shall apply.)
2. Other Malaysian companies 20.3%
Thai company:
1. TOC Ethylene Glycol Co., Ltd. 37.6%
(TOC GLYCOL Company Limited)
2. Other Thai companies 37.6%
3、 Methods of levying anti-dumping duties
Starting from October 30, 2024, import operators shall pay corresponding anti-dumping duties to the Customs of the People's Republic of China when importing ethanolamine originating from the United States, Saudi Arabia, Malaysia, and Thailand. Anti dumping duties are levied based on the customs approved dutiable value, calculated by the formula: anti-dumping duty amount=customs dutiable value x anti-dumping duty rate. The value-added tax in the import process is levied based on the customs approved dutiable price plus tariffs and anti-dumping duties as the taxable price.
4、 Administrative reconsideration and administrative litigation
According to Article 53 of the Anti Dumping Regulations, those who are dissatisfied with this review decision may apply for administrative reconsideration in accordance with the law, or file a lawsuit with the people's court in accordance with the law.
5、 This announcement shall come into effect from October 30, 2024
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