As a result of an anti-dumping petition filed in March 2006, Calgon Carbon Corp. on Thursday received notification that the U.S. Department of Commerce (DOC) will impose preliminary anti-dumping duties, ranging from 14 percent to 228 percent, on all imports of steam activated carbon from China.
More than 80 percent of the Chinese carbon currently exported to the U.S. will be subject to tariffs of 70 percent or higher, according to Calgon Carbon's estimations.The DOC is ordering U.S. Customs and Border Protection to require importers to post a bond or cash deposit in the amount of the duties.
Calgon Carbon, headquartered in Pittsburgh, Penn., is a manufacturer of steam activated carbon and also imports Chinese activated carbons.
Calgon Carbon will be subject to the duties for the Chinese activated carbon that it imports into the U.S.Over the next several months the DOC will verify information submitted by various respondents, and make a final decision in April 2007.
The final dumping duties could be imposed for up to five years.
David A. Hartquist, lead counsel to the petitioners, said, “With today’s announcement, the anti-dumping penalties begin to take effect. We look forward to the next phases of the case and ultimately winning.”
John Stanik, Calgon Carbon’s president and chief executive officer commented, “We are very pleased with the preliminary tariffs announced today. Over the coming months, we anticipate that prices for steam activated carbon will move toward fair market prices that more accurately reflect both demand and manufacturing costs for our products. Calgon Carbon is evaluating its pricing policies in light of the DOC’s decision.”
The tariffs are not expected to have an adverse impact on Calgon Carbon’s sales in the U.S.