China extends anti-dumping duties on acetone imports

BEIJING - The Chinese mainland will continue to impose anti-dumping duties on acetone imports from Japan, Singapore, the Republic of Korea and Taiwan for another five years from Sunday, the Ministry of Commerce (MOC) announced on Friday.

The decision was made after a year-long review of previous anti-dumping measures at the request of domestic acetone producers, the MOC said in an online statement. The five-year duties were first launched on June 9, 2008 and expired last year.

According to the MOC, the price undertaking proposed by Chang Chun Plastics Co, LTD, a Taiwan's company involved in the case, will also take effect on Sunday with a term of five years.

Acetone is a chemical material primarily used to produce bisphenol A and serves as an organic solvent. It is widely used in the medical and paint industries.