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    Brazil Temporarily Levies Tax On Imported Butyl Methacrylate

    2015/4/30 21:14:00 23

    BrazilButyl MethacrylateAnti-Dumping Duties

       Butyl methacrylate It is a product used in the production of resins, solvents, graphic materials, viscose, oil additives, dental products, textile photosensitizers and leather finishing materials.

    News from the Chinese media in Taiwan recently announced that the Brazil government announced a temporary departure from China. Taiwan Imported BMA is subject to provisional anti-dumping duties for 6 months. The reason is that the price of the chemicals is too low in Brazil.

    In October 2014, BASF South America filed a petition to accuse Taiwan, Germany and South Africa of dumping the butyl methacrylate in the Brazil market. In December of that year, the Brazil government filed anti-dumping investigations.

    Based on the preliminary findings of the survey, Brazil Provisional tariffs on butyl methacrylate imported from the above three areas were announced.

    Formosa Plastics Group will be forced to pay tariffs of $140.08 per ton to Brazil customs, while German and South American exporters will pay $526.81 / ton and export duties of $585.37 / ton respectively. The Brazil government will continue to investigate the dumping incident and is expected to give the final ruling in August 24th.

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    The United Nations Industrial Development Organization (UNIDO) has recently held seminars in Pakistan to promote climate change mitigation, adaptation and carbon emission reduction strategy for local tanneries.

    In collaboration with the Pakistan leather Merchants Association, UNIDO held a seminar in Karachi in April 20th. Arif Ahmad Khan, a senior official from the government, attended the speech on climate change.

    "Water has become an increasingly scarce resource," UNIDO said after the meeting. "Pakistan has developed from a water rich country to a water stressed country. To this end, UNIDO has proposed plans to improve the tannery industry cluster environment near Karachi, and obtain funding assistance plan implementation through the global environmental protection fund (GEF). Korangi

    Arif Ahmad Khan said that the plan will receive full support from the government, but he also mentioned that private enterprises and government co improvement is very important. The plan aims to reduce the carbon footprint of tanneries by upgrading the existing wastewater collection and transportation system as well as the overall plan for solid waste management.


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