For Immediate Release: March 24, 2008
Contact: Brittany Eck (202) 482-3809
COMMERCE FINDS UNFAIR DUMPING OF GLYCINE FROM INDIA
WASHINGTON – The U.S. Department of Commerce today announced its affirmative final determination in the antidumping duty investigation on imports of glycine from India. Commerce determined that Indian exporters sold glycine in the United States at less than fair value. Paras Intermediates Ltd., a mandatory respondent, received a final rate of 10.90 percent. The other mandatory respondent, Advanced Exports/AICO Laboratories, failed to fully cooperate and received a final rate of 121.62 percent. All other exporters received a rate of 10.90 percent.
“American manufacturers are competitive producers, but are unfairly disadvantaged by price discrimination in the global marketplace,” said Assistant Secretary for Import Administration David Spooner. “This Administration is committed to ensuring that our American manufacturers and workers benefit from strong and fair trading relationships with our trading partners by aggressively enforcing our trade remedy laws.”
Glycine is used as a sweetener/taste enhancer, buffering agent, reabsorbable amino acid, chemical intermediate, metal complexing agent, dietary supplement, and is used in certain pharmaceuticals. GEO Specialty Chemicals, Inc. (IN) is the petitioner for this investigation.
Dumping occurs when a foreign company sells a product in the United States at less than fair value. If the U.S. International Trade Commission makes a final determination that imports of glycine from India materially injure, or threaten material injury to, the domestic industry, Commerce will issue an antidumping duty order.
For more information about Import Administration or for the fact sheet on today’s decision, please visit www.trade.gov/ia.