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European Union imposes definitive anti-dumping duties on PVC imports from Egypt and the USAThe European Commission has imposed definitive anti-dumping duties (ADD) on imports of suspension PVC (s-PVC) originating from Egypt and the United States, effective January 9, 2025. |
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The European Commission has imposed definitive anti-dumping duties (ADD) on imports of suspension PVC (s-PVC) originating from Egypt and the United States, effective January 9, 2025. This decision follows a 14-month investigation initiated in November 2023 aimed at addressing alleged unfair trade practices affecting the EU market.
The regulation targets s-PVC classified under HS code 3904 10 00, encompassing PVC in its primary forms without additives.
The following table details the affected companies from the US and Egypt and their respective ADD rates.
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Country of origin |
Company |
Definitive anti-dumping duty (%) |
|
Egypt |
Egyptian Petrochemicals Company |
100.1% |
|
TCI Sanmar Chemicals S.A.E. |
74.2% |
|
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All other imports originating in Egypt |
100.1% |
|
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USA |
Formosa Plastics Corporation |
71.2% |
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Westlake Chemicals |
58.0% |
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Oxy Vinyls, LP |
62.3% |
|
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Shintech Incorporated |
62.3% |
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All other imports originating in the United States of America |
77.0% |
Industry stakeholders have expressed significant concern over the potential market ramifications. Many predict a near-term escalation in PVC prices within the European Union as alternative suppliers capitalize on the imposed trade barrier to justify price increases.
Critics argue that the EU’s decision reflects a broader trend of rising protectionism, which has increasingly shaped global trade dynamics in recent years. The move is the latest in a series of anti-dumping actions drawing attention across multiple markets, including ongoing investigations in India’s PVC sector, Indonesia’s polypropylene markets, and Malaysia’s PET market.
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Written by: Derek Yong
