China's Commerce Ministry sets anti-dumping tax rates on polyoxymethylene from US, EU, Taiwan and Japan

China's Commerce Ministry on Thursday announced a decision on corporate tax rate for enterprises related to anti-dumping measures on imported polyoxymethylene from the United States (US), the European Union (EU), Taiwan and Japan, Reuters reported.

Key quotes

After review, daicel corporation shall be taxed of the 35.5% anti-dumping duty rate.

Daicel HPP Taiwan Co., Ltd. shall be taxed the 3.8% anti-dumping duty rate.

Copolymerized polyoxymethylene exported to China mainland under polyplastics Co., Ltd. shall be subject to the 35.5% anti-dumping duty rate.

Copolymerized polyoxymethylene exported to China mainland under polyplastics Taiwan Co., Ltd. shall be subject to the 32.6% anti-dumping duty rate.

The taxes take effect from August 21.