23 December 2014
GlassFibreEurope represents
the interests of European glass fibre manufacturers
and their 5,000 employees.
Glass fibre is a strategic sector for
Europe’s future because new materials made with
it are stronger and lighter than traditional materials
like steel, aluminium and wood.
The European glass fibre industry
is a hi-tech innovative sector able to meet EU demand,
together with imports from the rest of the world,
without relying on dumped and subsidised imports
from China
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DETAILS
The European Commission initiated
an interim review of the existing anti-dumping measures on
glass fibre imports from China on 18 December 2013,
and a new anti-subsidy proceeding on 12 December 2013.
After a thorough investigation, the European Commission
established that Chinese manufacturers
dump
glass fibre at predatory prices to seize EU market share,
and receive illegal subsidies from the Chinese government.
Therefore, the European Commission
notified parties of its intent to impose
new anti-dumping and anti-subsidy measures
in early October 2014.
The final proposal to impose total duties
which are generally up to 25-30%
on imports from Chinese producers
was supported by EU Member States on
26 November 2014.
The new measures will not have a material effect
on costs for European downstream industries,
as glass fibre accounts for only
a tiny proportion of final customer prices.
For instance, glass fibre accounts for
less than 0.1% of the price of an average car.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
