Indonesian gov't probes alleged dumping of polyester film
The Jakarta Post/Asia News Network
August 7, 2014, 12:00 am TWN
The Indonesian government is looking into the alleged dumping into the domestic market of polyester film from China, India and Thailand.
The probe, officially launched on July 25, will last for up to 18 months as stipulated by World Trade Organization (WTO) rules.
The investigation was launched following complaints by two local firms — PT Argha Karya Prima Industry and PT Kolon Ina — which produce the materials under assessment, according to Indonesian Anti-Dumping Committee (KADI) Chairwoman Ernawati.
The subject of the probe, biaxially oriented polyethylene terephthalate (BOPET), is a polyester film used in flexible packages, electrical insulation and other industrial applications.
“After analysing and examining the request, KADI found strong early indications of dumping by China, India and Thailand that caused losses to local businesses that manufacture similar products,” Ernawati said Tuesday in a statement.