EU imposes anti-dumping tariffs on terephthalic acid from South Korea, Mexico

BRUSSELS (Reuters) -- ​The European Union imposed on Monday tariffs ‌on terephthalic acid - a raw material used to make ‌a common sort of plastic known as PET - made ⁠in South Korea and Mexico to protect producers in Belgium, Poland and ⁠Spain. The so-called anti-dumping new duties ​were set at a range between 6.1 percent ‌and 13.3 percent on the ‌commodity ‌made in South ‌Korea and at 24.1 percent ​on the chemical made ⁠in Mexico, the EU Commission said in a statement on Monday. "Terephthalic ⁠

By The Korea Herald