Saturday, October 23, 2010

Asia Pulp & Paper Disappointed by U.S. International Trade Commission Decision

WASHINGTON, D.C.—Asia Pulp & Paper (APP), the leading exporter of coated paper from China and Indonesia, expressed disappointment in the U.S. International Trade Commission’s determination that the domestic industry has been threatened with material injury by its products. As a result of the Commission’s 6-0 vote where five commissioners cited threat, antidumping and countervailing duties will be imposed on imports of certain coated paper products from China and Indonesia.

“We are extremely disappointed in the Commission’s decision,” said Terry Hunley, Acting President, APP Americas. “The evidence we presented strongly demonstrated that our imports have not harmed U.S. producers. We believe there are very strong grounds for appeal and we will begin pursuing our appeal options immediately.”

The coated paper investigated in this case is typically used for printing multicolored graphics for catalogs, books, magazines, labels and wraps, greeting cards and other items requiring high-quality print graphics. As a result of the Commission’s determination, APP product from China will be assessed a 25.2 percent AD/CVD duty rate. APP product from Indonesia will be assessed a duty rate of 38.0 percent.

“I want to assure our customers that we will continue to fight these duties, which are without merit,” Hunley noted. “We respect the Commission’s proceeding, but we believe this decision is not supported by the evidentiary record and will work to have it overturned. We remain committed to serving our customers in the United States and providing them with the quality service they have come to expect from us.”

Retrieved from: PackagePrinting.com

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