China to impose anti-dumping duties on chemical compound from Malaysia


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. 

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Duty rates , Dow Chemical , ethanolamines

Next In Business News

Suzhou builds photonics powerhouse
Building momentum selectively
Zero tolerance for corruption
Lotte Chemical Titan sale sparks hope but challenges remain
MY Value Up must measure up
A new reality for crypto
Ekovest’s rights issue tests investors’ faith
Mr. Robot comes to town
Big Tech’s debt drives credit risk
An appetite for fresh snacks

Others Also Read