On July 30, 2019, the Department of Commerce (Commerce) announced its affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of acetone from Singapore and Spain.
The AD law provides U.S. businesses and workers with a transparent, quasi-judicial, and internationally accepted mechanism to seek relief from the market distorting effects caused by injurious dumping of imports into the United States, establishing an opportunity to compete on a level playing field.
For the purpose of AD investigations, dumping occurs when a foreign company sells an imported product in the United States at less than fair value.
In the Singapore investigation, Commerce assigned a preliminary dumping rate of 131.75 percent to mandatory respondent Mitsui Phenols Singapore Pte. Ltd. Commerce assigned a preliminary dumping rate of 66.42 percent for all other Singaporean producers and exporters.
In the Spain investigation, Commerce assigned a preliminary dumping rate of 171.81 percent to mandatory respondent CEPSA Quimica, S.A. Commerce preliminarily found that Industrias Quimicas del Oxido de Etileno, S.A., one of the two Spanish producers/exporters named in the petition, had no exports, shipments, or sales of subject merchandise to the United States during the period of investigation. Commerce assigned a preliminary dumping rate of 137.39 percent for all other Spanish producers and exporters.
The petitioner is the Coalition for Acetone Fair Trade. The members of the Coalition for Acetone Fair Trade are AdvanSix Inc. (Parsippany, NJ), Altivia Petrochemicals, LLC (Haverhill, OH), and Olin Corporation (Clayton, MO).
The merchandise covered by these investigations is all grades of liquid or aqueous acetone. Acetone is also known under the International Union of Pure and Applied Chemistry (IUPAC) name propan-2-one. In addition to the IUPAC name, acetone is also referred to as ß-ketopropane (or beta-ketopropane), ketone propane, methyl ketone, dimethyl ketone, DMK, dimethyl carbonyl, propanone, 2-propanone, dimethyl formaldehyde, pyroacetic acid, pyroacetic ether, and pyroacetic spirit. Acetone is an isomer of the chemical formula C3H6O, with a specific molecular formula of CH3COCH3 or (CH3)2CO. Read More →