China News Service, March 19. According to the website of the Ministry of Commerce, the Ministry of Commerce issued an announcement on the end-of-term review ruling on the anti-dumping measures applicable to imported methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa.

The announcement pointed out that in accordance with Article 50 of the Anti-dumping Regulations, the Ministry of Commerce made recommendations to the Tariff Commission of the State Council on continuing to implement anti-dumping measures based on the investigation results. The Tariff Commission of the State Council made a decision based on the recommendations of the Ministry of Commerce. Starting from March 2024 Starting from the 20th, anti-dumping duties will continue to be levied on imported methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa for a period of five years.

The full text of the announcement is as follows:

Ministry of Commerce Announcement No. 8 of 2024 on the expiry review ruling on the anti-dumping measures applicable to imports of methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa

　　On March 19, 2018, the Ministry of Commerce issued Announcement No. 27 of 2018, deciding to impose anti-dumping duties on imported methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa from March 20, 2018. The implementation period is 5 years.

Among them, the corporate tax rate in South Korea is 18.5%-32.3%, the corporate tax rate in Japan is 45.0%-190.4%, and the corporate tax rate in South Africa is 15.9%-34.1%.

　　On March 19, 2023, in response to the application of China's methyl isobutyl (methyl) ketone industry, the Ministry of Commerce issued Announcement No. 9 of 2023, deciding to ban products originating in South Korea, Japan and South Africa from March 20, 2023. The anti-dumping measures applicable to the import of methyl isobutyl (methyl) ketone will be subject to an end-of-term review investigation.

　　The Ministry of Commerce is concerned about the possibility that dumping of imported methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa will continue or reoccur if anti-dumping measures are terminated, as well as the impact on China's methyl isobutyl (methyl) ketone industry. An investigation was conducted into the possibility that the damage would continue or reoccur, and a review ruling was made in accordance with Article 48 of the Anti-dumping Regulations of the People's Republic of China (hereinafter referred to as the "Anti-dumping Regulations") (see attachment).

The relevant matters are now announced as follows:

1. Review ruling

　　The Ministry of Commerce ruled that if anti-dumping measures are terminated, the dumping of imported methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa to China may continue or reoccur, which will have a negative impact on China's methyl isobutyl (methyl) ketone industry. The damage caused may continue or reoccur.

2. Anti-dumping measures

　　According to Article 50 of the Anti-dumping Regulations, the Ministry of Commerce made recommendations to the Tariff Commission of the State Council on continuing to implement anti-dumping measures based on the investigation results. The Tariff Commission of the State Council made a decision based on the recommendations of the Ministry of Commerce. Starting from March 20, 2024 , anti-dumping duties will continue to be levied on imported methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa, and the implementation period will be 5 years.

　　The scope of products subject to anti-dumping duties is the product to which the original anti-dumping measures apply, which is consistent with the product scope in the Ministry of Commerce’s Announcement No. 27 of 2018.

details as follows:

　　Name of the product under investigation: methyl isobutyl (methyl) ketone.

　　Chemical name: 4-methyl-2-pentanone

　　English name: Methyl Isobutyl Ketone; 4-Methyl-2-Pentanone

　　Chemical formula: C6H12O

　　Chemical Structure:

　　CH3 O

　　| ‖

　　CH3-CH-CH2-C-CH3

　　Product description: Methyl isobutyl (methyl) ketone is a colorless and transparent flammable liquid with a camphor-like odor.

Slightly soluble in water, miscible with phenol, ether, aldehyde and other organic solvents, animal and vegetable oils, and mineral oil.

　　Main uses: Methyl isobutyl (methyl) ketone is an excellent medium-boiling point solvent and raw material for organic synthesis with a wide range of uses.

In terms of solvents, it is mainly used in coatings, medicines, pesticides, solvent dewaxing solvents, rare metal extractants, tapes, inks, epoxy resins, adhesives, atomic absorption photometric analysis, etc. It can also be used to produce advanced automobile paints. , ship paint, container paint, etc.; in terms of organic synthetic raw materials, methyl isobutyl (methyl) ketone is a synthetic rubber antioxidant 4020, methyl isobutyl carbinol, high molecular polymer initiator, and epoxy resin latent Raw materials for curing agents, special surfactants, etc.

　　This product falls under the "Import and Export Tariffs of the People's Republic of China": 29141300.

　　The tax rate for continuing to levy anti-dumping duties is the same as the Ministry of Commerce Announcement No. 27 of 2018.

The anti-dumping duty rates levied on each company are as follows:

　　Korean companies:

　　1. Kumho P&B Chemical Co., Ltd. 18.5%

　　(KUMHO P&B CHEMICALS, INC.)

　　2. Other Korean companies 32.3%

　　Japanese company:

　　1. Mitsui Chemicals Co., Ltd. 45.0%

　　(Mitsui Chemicals, Inc.)

　　2. Mitsubishi Chemical Corporation 47.8%

　　(Mitsubishi Chemical Corporation)

　　3. Other Japanese companies 190.4%

　　South African companies:

　　1. Sasol South Africa Limited 15.9%

　　(Sasol South Africa Ltd)

　　2. Other South African companies 34.1%

3. Methods of levying anti-dumping duties

　　Starting from March 20, 2024, import operators shall pay corresponding anti-dumping duties to the Customs of the People's Republic of China when importing methyl isobutyl (methyl) ketone originating in South Korea, Japan and South Africa.

Anti-dumping duties are levied ad valorem on the duty-paid price approved by the customs. The calculation formula is: anti-dumping duty amount = customs duty-paid price × anti-dumping duty rate.

The value-added tax at the import stage is levied ad valorem on the basis of the customs-approved duty-paid price plus customs duties and anti-dumping duties.

4. Administrative reconsideration and administrative litigation

　　According to the provisions of Article 53 of the Anti-dumping Regulations, if you are dissatisfied with this review decision, you may apply for administrative review in accordance with the law, or you may file a lawsuit with the People's Court in accordance with the law.

5. This announcement will be effective from March 20, 2024

People's Republic of China Ministry of Commerce

March 19, 2024