On November 20, China's ministry of commerce decided to review anti-dumping investigations into imports of halogenated butyl rubber produced by exxonmobil and exxonmobil chemical co.
On August 10, 2018, the ministry of commerce imposed anti-dumping measures on imports of halogenated butyl rubber from the United States, the European Union and Singapore.
The implementation period starts from August 20, 2018 and lasts for 5 years.
On September 19 this year, exxonmobil and exxonmobil chemical co. Ltd. filed for review.
The companies said the margin of dumping for their halogenated butyl rubber had changed significantly following the anti-dumping measures.
They requested a review of the dumping and margin of dumping of the anti-dumping measures to which they applied.
On September 20, the ministry of commerce received the application, notified the domestic industry and forwarded the application for interim review.
The ministry of commerce examined the application and deemed it qualified for filing.
In 2018, the ministry of commerce imposed an anti-dumping duty rate of 71.9 percent on exxonmobil and 75.5 percent on exxonmobil chemical co., LTD.
High performance halogenated butyl rubber can be used in tire manufacturing to increase seal effectiveness and other performance improvements.
In the past, the global technology and market for halogenated butyl rubber was dominated by exxonmobil and alenco.
After 2012, the prices of related products of foreign companies began to drop sharply.
At this point, China's brominated butyl rubber manufacturers began to emerge and get on track.
In order to continue to occupy the market, international companies continue to cut prices, with ultra-low prices to seize the Chinese market.
The ministry then launched an anti-dumping investigation after a Chinese company filed an application and ruled that the company had dumped