COMPOSITES
EU proposes watering down import duties on Chinese glass fibre / Industry associations welcome move but demand measures be completely slashed
It seems like the calls of protest issued by composite processors calls did not go unnoticed. After having imposed provisional import duties of 43.6% on Chinese glass fibre in September last year – see Plasteurope.com of 02.09.2010 – the European Commission in late December released a document in which it proposes lowering the duties to 13.8% as of 16 March 2011. The new proposal also excludes yarns for woven mats from the proceedings.

The move has been welcomed by the European Plastics Converters (EuPC, Brussels / Belgium; www.eupc.org), who nevertheless cautioned that “the impact of such duties will seriously damage composites production and should not be underestimated.” The duties had been a bone of contention between the EU and Europe’s industry associations since they were first imposed, with the latter advocating that they should not have been imposed at all. “With an estimated number of 10,000 companies across Europe and around 150,000 employees, such duties will lead to negative consequences for the national economies and employment creation and retention,” according to EuPC.

It is for this reason that the two groups have called on interested parties to get in touch with their national representatives ahead of an upcoming 13 January EU 27 meeting, when the latest proposal is due for discussion, in order to forestall a passing of the washed down measures.
03.01.2011 Plasteurope.com [218174-0]
Published on 03.01.2011
Glasfaserprodukte: EU will Anti-Dumping-Zölle reduzierenGerman version of this article...

© 2001-2024 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2024 by Plasteurope.com, Bad Homburg
Date of print: 26.04.2024 02:17:50   (Ref: 297061655)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp