PA Resources gets 0% dumping rate from US for aluminium extrusion exports


P.A. Resources group managing director Tan Sri Lau Kuan Kam

PETALING JAYA: P.A. Resources Bhd has secured a 0% dumping rate for its aluminium extrusion exports to the United States (US).

In a statement, the aluminium extruder firm said it was notified on Sept 28 of the 0% dumping rate from the United States Department of Commerce, International Trade Administration.

“This determination follows anti-dumping proceedings and marks a significant milestone for our group.

“Receiving a 0% dumping rate means that our aluminium extrusions are competitively priced and deemed to be sold at fair value in the US,” it said.

P.A. Resources group managing director Tan Sri Lau Kuan Kam said this ruling enables its customers in the US to operate without the burden of additional tariffs, significantly enhancing the group’s competitive position for robust growth in one of the world’s largest markets.

“The 0% tariff status presents advantages for PA Group, significantly enhancing our pricing competitiveness. This ruling opens new sales opportunities in the US.

“With the recent acquisition of 18 acres of industrial lands for our expansion, we are well-positioned to enhance our production capabilities and anticipate the increasing needs of the market.”

Lau said the group is committed to leveraging these developments to drive sustainable growth and strengthen its presence as aluminium extruder provider in the renewable energy sectors and various industries, reinforcing the company’s reputation for quality and commitment to fair trade practices.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

From home to famous film set
Soaring rental market - what it means
Ringgit seen trading cautiously vs US dollar next week ahead of Budget 2025
MALAYSIA AIRPORTS READY FOR TAKEOFF
Transforming QSR Brands to drive value
Oil settles down as Mideast risk drives weekly gains
What lies ahead
Sweet topping for Gula Cakery
Keeping faith in Malaysia
Public Bank’s acquisition of LPI is ‘coming full circle’

Others Also Read