Antidumping Investigation on Epoxidized Soybean Oil from Brazil and China
Today, the Ministry of Economy published the notice of notice of initiation of the antidumping investigation concerning Epoxidized Soybean Oil from Brazil and China in the Official Gazette of the Federation. In this post, you will find all the relevant information concerning this investigation.
Petitioner
The companies that requested the initiation of the antidumping investigation are Especialidades Industriales y Químicas, S.A. de C.V., OMM Grupo Químico, S.A. de C.V., and Promociones Químicas y Petroquímicas, S.A. de C.V.
Investigated Product
The commercial name of the product is Epoxidized Soybean Oil. Among its characteristics, this product has a Gardner color, maximum of 1, a specific gravity of 0.985 to 0.996 grams per centimeter (g/cm), a viscosity of 300 to 550 centipoises, a refractive index of 1.470 to 1.473, a maximum acid number of 1 milligram of potassium hydroxide/gram (mg KOH/g) and a maximum moisture content of 0.4%.
Mexican Tariff Item
Epoxidizes Soybean Oil is imported into national territory under the tariff items 1518.00.02 and 3812.20.01 of the Mexican HTS.
Normal Value
To determine the normal value of the Epoxidized Soybean Oil, the Ministry of Economy resorted to the domestic prices of Brazil and China.
Period of Investigation (Dumping)
On the one hand, the Ministry of Economy determined that the period of investigation is from April 1st, 2023, to March 31st, 2024. The period of investigation is the timelapse used to analyze whether the investigated product imports were done under dumping.
Period of Analysis (Injury)
On the other hand, the Ministry of Economy established that the period of analysis is going to be that from April 1st, 2021, to March 31st, 2024. This timeframe will be used to determine an injury to the domestic producers of Epoxidizes Soybean Oil.
Deadline
The last day for exporters and producers to submit its information to participate in this antidumping investigation is October 24th, 2024. A deadline extension may be requested.
List of Producers and Exporters
The Ministry of Economy listed the following foreign companies as known producers and exporters of Epoxidized Soybean Oil from Brazil are as follows:
BBC Indústria e Comércio Ltda. Estrada Municipal Bento Pereira de Toledo no. 2001 Chacara Jardim Patelli CEP 132994-84, Itupeva, São Paulo, Brasil
| Inbra Indústrias Químicas Ltda. Av. Fagundes de Oliveira no. 190 Diadema CEP 9950-907, Piraporinha, São Paulo, Brasil
|
Valeo Sistemas Automotivos Ltda. Av. Pereira Barreto no. 1479 – 15° andar Baeta Neves CEP 09751-000, São Bernardo do Campo, São Paulo, Brasil
|
|
Meanwhile, the producers and exporters from China that were identified by the Ministry are the following:
GuangDong Sky Bright Group Co., Ltd. Jihua 5th Road no. 21, 16/f Jinhai Plaza Guandong Zip Code 528010, Foshan, China
| Guangzhou Baoyu Trading Co., Ltd. Tiyu E Road no. 138, Goldlion Building, room 906 9 f Tianhe District Zip Code 510620, Guangzhou, China |
Guangzhou Xinjinlong Industry Co., Ltd. Dahua Avenue, Huacheng Street no. 39 Huadu District Zip Code 510000, Canton, Guangzhou, China
| Hangzhou Juxing New Material Technology Co., Ltd. Shenban Road no. 2 Gongshu District Zip Code 310000, Hangzhou, Zhejiang, China |
Shandong Aivk Chemical Co., Ltd. Economic Development Zone Guangrao County Zip Code 257000, Dongying City, Shandong Province, China | Zhejiang Jiaao Enprotech Stock Co., Ltd. Chongfu Road no. 761 Wutong District Zip Code 314500, Tongxiang, Zhejiang, China |
Zhejiang Jiasu Import & Export Co., Ltd. Chongfu Road no. 761, building 10 and 16 Wutong District Zip Code 314500, Tongxiang, Zhejiang, China |
|
If you want more detailed information, please check out our legal alert on this antidumping investigation on Epoxidized Soybean Oil here.
Do you need more information?
VTZ is a Mexican Law Firm with 50 years of experience, specialized in International Trade with a strong focus on antidumping investigations. Contact our key members from the antidumping investigation team today:
