Duty rates were set at 76%-97.1% for US companies including Dow Chemical.
KUALA LUMPUR: China will collect anti-dumping duties for five years on a chemical compound – ethanolamines – imported from the US, Saudi Arabia, Malaysia and Thailand.
Bloomberg reported China’s Ministry of Commerce would start collecting the duties starting from Tuesday.
“Duty rates set at 76%-97.1% for US companies including Dow Chemical , 10.1%-27.9% for Saudi companies, 18.3%-20.3% for Malaysia companies and 37.6% for Thailand companies,” the report said.
Ethanolamines are used in a wide range of applications, including acid gas purification, surfactants for soaps and detergents, and corrosion inhibitors.
According to Wikipedia, Ethanolamine is often used for alkalinisation of water in steam cycles of power plants, including nuclear power plants with pressurised water reactors. This alkalinization is performed to control corrosion of metal components.
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