The Chinese Ministry of Commerce yesterday announced that starting today, polycarbonate imports from Taiwan would face provisional anti-dumping tariffs of 16.9 to 22.4 percent.
Imports from Formosa Chemicals and Fibre Corp and Idemitsu Chemicals Taiwan Corp would be levied a tariff of 16.9 percent, while those from Chi Mei Corp and Chi Lin Technology Co would face a tariff of 17 percent, the ministry said in a statement on its Web site.
Other Taiwanese firms would face tariffs of 22.4 percent, it said.
Photo: CNA
Polycarbonate plastics are a naturally transparent and amorphous thermoplastic commonly used in digital disks, water jugs, bulletproof glass, animal cages, auto components, luggage, helmets, phone cases and lighting fixtures.
The ministry said it began an anti-dumping probe on Nov. 30 last year, which determined that Chinese manufacturers have been materially harmed by Taiwanese practices.
Affected parties may submit written comments to the investigating authority within 10 days of the announcement, it added.
The announcement comes as Vice President William Lai (賴清德) transits through New York on his way to attend the inauguration of Paraguayan president-elect Santiago Pena today.
In Taipei, the Bureau of Foreign Trade is to help companies respond to the tariffs, including litigation if necessary, the Ministry of Economic Affairs said.
It would also facilitate expansion into other markets in Europe, the Americas, Turkey and North Africa, while the Industrial Development Bureau would continue to help companies develop specialized production technologies, it added.
Last year, Taiwan exported US$800 million of polycarbonate to China, accounting for about 70 percent of its total exports, a ministry official said.
Additional reporting by Liao Chia-ning
A magnitude 6.4 earthquake struck off the coast of Hualien County in eastern Taiwan at 7pm yesterday, the Central Weather Administration (CWA) said. The epicenter of the temblor was at sea, about 69.9km south of Hualien County Hall, at a depth of 30.9km, it said. There were no immediate reports of damage resulting from the quake. The earthquake’s intensity, which gauges the actual effect of a temblor, was highest in Taitung County’s Changbin Township (長濱), where it measured 5 on Taiwan’s seven-tier intensity scale. The quake also measured an intensity of 4 in Hualien, Nantou, Chiayi, Yunlin, Changhua and Miaoli counties, as well as
Taiwan is to have nine extended holidays next year, led by a nine-day Lunar New Year break, the Cabinet announced yesterday. The nine-day Lunar New Year holiday next year matches the length of this year’s holiday, which featured six extended holidays. The increase in extended holidays is due to the Act on the Implementation of Commemorative and Festival Holidays (紀念日及節日實施條例), which was passed early last month with support from the opposition Chinese Nationalist Party (KMT) and Taiwan People’s Party. Under the new act, the day before Lunar New Year’s Eve is also a national holiday, and Labor Day would no longer be limited
COMMITMENTS: The company had a relatively low renewable ratio at 56 percent and did not have any goal to achieve 100 percent renewable energy, the report said Pegatron Corp ranked the lowest among five major final assembly suppliers in progressing toward Apple Inc’s commitment to be 100 percent carbon neutral by 2030, a Greenpeace East Asia report said yesterday. While Apple has set the goal of using 100 percent renewable energy across its entire business, supply chain and product lifecycle by 2030, carbon emissions from electronics manufacturing are rising globally due to increased energy consumption, it said. Given that carbon emissions from its supply chain accounted for more than half of its total emissions last year, Greenpeace East Asia evaluated the green transition performance of Apple’s five largest final
The first tropical storm of the year in the western North Pacific, Wutip (蝴蝶), has formed over the South China Sea and is expected to move toward Hainan Island off southern China, the Central Weather Administration (CWA) said today. The agency said a tropical depression over waters near the Paracel and Zhongsha islands strengthened into a tropical storm this morning. The storm had maximum sustained winds near its center of 64.8kph, with peak gusts reaching 90kph, it said. Winds at Beaufort scale level 7 — ranging from 50kph to 61.5kph — extended up to 80km from the center, it added. Forecaster Kuan Hsin-ping