EU Opens AD Probe Into Epoxy Resin From China, Korea, Taiwan, Thailand

The EU on July 1 launched an antidumping investigation on imports of epoxy resins from China, South Korea, Taiwan and Thailand after receiving a complaint from a group of epoxy resin producers. The European Commission said it will investigate certain products “containing more than 35% by weight of epoxy resins, with certain exclusions, and it expects to conclude the investigation within one year. The epoxy resin producers, comprised of Olin Corp., Westlake Corp. and Spolchemie, said exporters from the four countries are “selling their products on the EU market at unfairly low prices that significantly undercut the prices of European producers.”