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FACT
SHEET -- Antidumping Duty Investigations:
Certain
Polyester Staple Fiber from Korea and Taiwan
On March
23, 2000, the Department of Commerce announced the final determinations
in the antidumping duty investigations of certain polyester staple
fiber from Korea and Taiwan. Since then, we have corrected clerical
errors made in the final determination calculations.
PETITIONERS:
E. I. DuPont
de Nemours*, Inc.; Arteva Specialities S.a.r.l., d/b/a KoSa; Wellman,
Inc.;
and, Intercontinental Polymers, Inc.
*E. I. DuPont
de Nemours is not a petitioner in the Taiwan case.
CASE
CALENDAR:
Petitions
filed: April 2, 1999
DOC initiation:
April 22, 1999
ITC preliminary
injury determination: May 17, 1999
DOC preliminary
determinations: October 29, 1999
DOC final
determinations: March 23, 2000
ITC final
determinations: May 5, 2000
As a result
of the International Trade Commission (ITC) affirmative final
injury determination on May 5, 2000, the Department will issue
duty orders covering all companies with above de minimis margins.
FINAL
MARGINS:
Company
Final Margin % / Preliminary Margin %
Korea
Samyang Corporation de minimis (0.14) / 3.51
Sam Young
Synthetics Co., Ltd. 7.91 / 6.33
Geum Poong
Corporation 14.10 / 26.39
All Others
11.35 / 7.99
Taiwan
Far Eastern
Textile Ltd. 9.51 / 0.00
Nan Ya Plastics
Corp. 5.77 / 0.00
All Others
7.53 0.00
The Department
determined that critical circumstances do not exist for both countries.
VOLUME
AND VALUE OF IMPORTS FOR 1998:
Volume (lbs)
/ Value (US$)
Korea:
221,724,005 / 73,710,899
Taiwan:
110,099,445 / 51,909,897
(Source:
U.S. Department of Commerce)
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