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SOURCE Appvion, Inc.
U.S. Government confirms that future dumping by German thermal paper producers is likely
APPLETON, Wis., June 5, 2014 /PRNewswire/ -- Appvion, Inc. offered a response after the U.S. Commerce Department issued the final results of its full sunset review of antidumping duties on imports of lightweight thermal paper (LWTP) from Germany. The Commerce Department found that revocation of the antidumping duty order would be likely to lead to continuation or recurrence of dumping.
The Commerce Department found that dumping would be likely at the levels established in the original antidumping investigation for Papierfabrik August Koehler AG (Koehler) and other German producers of LWTP.
The Commerce Department had previously determined in a February 21, 2014 expedited review, that revocation of the antidumping and countervailing duty orders on imports of LWTP from China would be likely to lead to continuation or recurrence of dumping and subsidies. These decisions, which are part of a five-year sunset review conducted by the Commerce Department and the International Trade Commission (ITC), are the first step in ensuring that duty orders will remain in place on imports from China and Germany for an additional five years.
The ITC will determine by October 14, 2014, whether revocation of the antidumping and countervailing duty orders would be likely to lead to continuation or recurrence of material injury to the U.S. LWTP industry.
"We appreciate the Department's efforts to ensure fair competition for all producers who sell LWTP in the U.S. market," said Mark Richards, Appvion's chief executive officer. "This decision, along with Commerce's earlier decision regarding the likelihood that unfair trade by Chinese producers will continue or recur, helps pave the way to keeping the antidumping and countervailing duties in place and maintaining a level playing field."
In 2008, the Commerce Department issued an antidumping order on imports of LWTP from Germany and antidumping and countervailing duty orders of imports of LWTP from China. The current deposit rate for imports from Koehler is 75.36% while the rate for other German imports is 6.5%. Combined antidumping duties on imports from China range from 33.4 to 253.82%.
Appvion creates product solutions through its development and use of coating formulations, coating applications and Encapsys® microencapsulation technology. The Company produces thermal, carbonless, security, digital specialty, coated specialty, and Encapsys products. Appvion, headquartered in Appleton, Wisconsin, has manufacturing operations in Wisconsin, Ohio and Pennsylvania, employs approximately 1,700 people and is 100 percent employee-owned. For more information, visit www.appvion.com.
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