The Ministry of Commerce of China File photo: VCG
China's Ministry of Commerce (MOFCOM) said on Thursday that two Daicel Corporation companies would inherit the anti-dumping duty rates and related rights and obligations previously applied to other group companies following a business restructuring, under measures on imports of polyoxymethylene copolymer originating in the US, the EU, Japan, and the Chinese Taiwan region.
A Chinese expert noted that the move reflects MOFCOM's efforts to make reasonable adjustments in response to changes in companies' business operations, in line with China's commitment to maintaining a fair and stable business environment.
On May 18, 2025, the NOFCOM issued an announcement to impose anti-dumping duties for five years on imports of polyoxymethylene copolymer originating in the US, the EU, the Taiwan region and Japan.
Under the measures, Polyplastics Co was subject to a duty rate of 35.5 percent, while Polyplastics Taiwan Co was subject to a rate of 3.8 percent, according to MOFCOM.
Following their business restructuring, the anti-dumping duty rates applicable to these companies were also adjusted.
Following a review, the ministry decided that Daicel Corporation would succeed to the 35.5 percent anti-dumping duty rate and other rights and obligations previously applicable to Polyplastics Co under the anti-dumping measures on polyoxymethylene copolymer, according to a MOFCOM statement published on its website.
Daicel Hpp Taiwan Co will succeed to the 3.8 percent anti-dumping duty rate and other rights and obligations previously applicable to Polyplastics Taiwan Co under the same measures, said the statement.
Polyoxymethylene copolymer exported to the Chinese mainland under the name of Polyplastics Co will be subject to the 35.5 percent anti-dumping duty rate applicable to "other Japanese companies" under the measures.
In addition, polyoxymethylene copolymer exported to the Chinese mainland under the name of Polyplastics Taiwan Co will be subject to the 32.6 percent anti-dumping duty rate applicable to "other companies in the Taiwan region."
Polyoxymethylene copolymer offers high mechanical strength, fatigue resistance and creep resistance, allowing it to partially substitute metals such as copper, zinc, tin and lead. It can be used directly or after modification in automotive parts, electronics and electrical appliances, industrial machinery, consumer goods, sports equipment, medical devices, pipes and fittings, and construction materials, according to MOFCOM.
Global Times