regulatory
confidence high
sentiment positive
materiality 0.70
Olin files AD/CVD petitions on epoxy resins from China, India, S. Korea, Taiwan, Thailand
OLIN Corp
- Dumping margins alleged: China 264.87%-351.97%, India 11.43%-17.50%, South Korea 30.01%-69.42%, Taiwan 87.19%-136.02%, Thailand 163.94%-205.63%.
- Petitions filed with US DOC and USITC as part of U.S. Epoxy Resin Producers Ad Hoc Coalition.
- Olin President Florian Kohl says unfairly traded imports have seriously impacted pricing and earnings.
- Import surge over past three years allegedly causing material injury to domestic epoxy resin industry.
- Relief sought to level playing field; USITC to determine material injury and Commerce to calculate dumping duties.