Anti-dumping measures are extended again, the polyamide industry has a good opportunity

On October 18, I learned from Pingmei Shenma Engineering Plastics Company that the Ministry of Commerce recently issued an announcement ruling that from October 13, 2021, anti-dumping duties will continue to be imposed on imported polyamide-6,6 chips originating in the United States.

It is understood that Pingmei Shenma Engineering Plastics Company is the largest polyamide-6,6 manufacturer in China

In recent years, the company has seized the favorable opportunity after the victory of the anti-dumping case and has grown rapidly.

In the more than ten years since the implementation of the anti-dumping measures, not only the overall strength of the company has been greatly improved, but also the continuous expansion of domestic polyamide-6,6 production capacity has been effectively promoted, and the corresponding production technology and equipment have also been greatly improved.

In order to effectively avoid the risk of a trade war, since May last year, various departments of the engineering plastics company have worked together to prepare for the filing of the second anti-dumping expiry review

Through full preparation in the early stage, with the help and guidance of the Group's Legal Affairs Department and other departments, and with the strong support of Pingding Municipal Bureau of Commerce and Shenma Legal Affairs and other relevant departments, in August 2020, the company commissioned Beijing Huanzhong The law firm once again submitted an application for expiry review of anti-dumping measures to the State Commerce Department

"The next five years will be a critical period for the company's development