Ministry of Economy, Trade and Industry (METI) and Ministry of Finance (MOF) today decided to initiate an expiry review of the anti-dumping duties on Polyethylene terephthalate with a high degree of polymerization originating in the People's Republic of China. This review is initiated based on an application filed by the industry, which has been examined in accordance with the provisions of related laws and regulations.

1．Background

On December 3, 2021, METI and MOF received an application to extend the period* of imposition of the anti-dumping duties on Polyethylene terephthalate with a high degree of polymerization** originating in the People's Republic of China*** from the applicant (Mitsui Chemicals, Inc.). Both ministries examined the application in accordance with the provisions of the international rules under the WTO Agreements and related domestic laws and regulations and found that the application fulfilled the formal requirements for initiating an expiry review. As a result, the ministries decided to initiate the expiry review (Public Notice on February 10, 2022).

* The government of Japan has imposed anti-dumping duties of 39.8% to 53.0% on Polyethylene terephthalate with a high degree of polymerization originating in the People's Republic of China, where the taxable period is from December 28, 2017 to December 27, 2022(for five years).

** The product is in general a white pellet-shaped raw material mainly used for manufacturing bottles or sheets.

*** Excluding the regions of Hong Kong and Macao

2．Outline of the Review

The expiry review is to be concluded within one year, in principle. The ministries will explore objective evidence collected from interested parties including suppliers in China, Korea and domestic producers, providing opportunities for them to present evidence and information.
Following those reviews, the Government of Japan will determine whether the expiry of duty would be likely to lead to continuation or recurrence of dumping and injury, in accordance with the provisions of the international rules under the WTO Agreements and related domestic laws and regulations and make a decision on whether or not to extend the period of imposition of the anti-dumping duties on the product subject to the review.

Source: MS