Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • BEST PLACES TO WORK
  • News
    • HUMANITARIAN
    • TIRE MAKERS
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • MERGERS & ACQUISITIONS
    • OBITUARIES
    • OPINION
    • MID YEAR REPORT
    • SERVICE ZONE
  • ADAS
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
December 12, 2017 01:00 AM

Kumho Petrochemical sues U.S. over ESBR duties

Miles Moore
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    NEW YORK — Kumho Petrochemical Co. Ltd. is seeking a judicial review of a U.S. International Trade Commission (ITC) decision to levy antidumping duties against emulsion styrene-butadiene rubber (ESBR) imports from South Korea.

    Kumho Petrochemical filed a lawsuit recently in the U.S. Court of International Trade seeking the action.

    The ITC voted 2-2 on Aug. 3 to make a final determination that ESBR imports from South Korea, Poland, Mexico and Brazil were causing material injury to U.S. ESBR manufacturers through selling their products in the U.S. at less than fair value.

    Within the ITC, a tie vote constitutes an affirmative decision.

    On July 19, the U.S. Department of Commerce levied antidumping duty rates against ESBR imports from all four countries. In the case of South Korea, Commerce set duty rates of 44.3 percent against Kumho and another South Korean ESBR producer, Daewoo International Corp.

    The agency set a duty rate of 9.66 percent for a third South Korean firm, LG Chem. Ltd., and also set 9.66 percent as the general rate for all other South Korean ESBR producers.

    The ITC erred on several points in finding that Kumho's ESBR exports caused material injury to the U.S. industry, Kumho argued in its Nov. 11 complaint.

    "The commission erred in concluding the subject import were 'significant,'" Kumho said. "Specifically, the commission ignored record evidence that U.S. purchasers bought the subject imports for non-price reasons, including, inter alia, to ensure reliability of supply, availability of supply, and quality of supply."

    Toward the end of the period of investigation, ESBR imports declined, outpacing the decrease in U.S. consumption, according to Kumho.

    "Because imports were drawn into the market by lack of available and reliable supply, and then receded as the domestic industry stabilized, the commission's conclusion that imports were significant is unsupported by substantial evidence and was otherwise not in accordance with law," it said.

    Lion Elastomer L.L.C. and the now-bankrupt East West Copolymer L.L.C. petitioned the ITC in July 2016 for relief from ESBR imports.

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    EU approves Yokohoma's Trelleborg Wheel Systems purchase
    2
    Winter tire usage in Canada keeps growing
    3
    Goodyear expands OTR tire lineup with 'Powerload'
    4
    Chevrolet to end Camaro output in 2024
    5
    Gold Trip: Conti EV strategy remains consistent
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • Instagram
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • BEST PLACES TO WORK
    • News
      • HUMANITARIAN
      • TIRE MAKERS
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • MERGERS & ACQUISITIONS
      • OBITUARIES
      • OPINION
      • MID YEAR REPORT
      • SERVICE ZONE
    • ADAS
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION