Olin Among U.S. Epoxy Resin Producers Filing Trade Cases Against Five Countries; Petitions Charge That Unfairly Traded Imports Of Certain Epoxy Resins From China, India, South Korea, Taiwan, And Thailand Are Causing Material Injury To The Domestic Epoxy Resin Industry
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Olin Corporation (NYSE:OLN) has filed antidumping and countervailing duty petitions against China, India, South Korea, Taiwan, and Thailand, alleging that imports of certain epoxy resins are unfairly traded and causing material injury to the U.S. epoxy resin industry. The petitions, part of the U.S. Epoxy Resin Producers Ad Hoc Coalition, claim these imports are subsidized by their governments, affecting U.S. pricing, production, sales, and earnings. The petitions aim to address the negative impact of these imports on the U.S. industry's sustainability and supply chain resiliency, vital for critical industries and compliance with U.S. legislation.

April 03, 2024 | 8:10 pm
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Olin Corporation has initiated legal action against imports of epoxy resins from five countries, claiming these imports are unfairly traded and subsidized, harming the U.S. industry's pricing, production, sales, and earnings.
The filing of antidumping and countervailing duty petitions by Olin Corporation is a significant legal move aimed at protecting the U.S. epoxy resin industry from what it perceives as unfair competition. By seeking to impose duties on imports, Olin aims to level the playing field for domestic producers, potentially improving its market position, pricing power, and financial performance in the short term. This action underscores the company's commitment to safeguarding its operations and the broader U.S. industry from the negative impacts of subsidized and dumped imports.
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