Oman PET Resin: Prelim Results of AD Admin Review
The Commerce Department has published the preliminary results of its antidumping duty administrative review on polyethylene terephthalate resin from Oman (A-523-810). The agency preliminarily determined that the one company under review, OCTAL SAOC FZC, didn't make sales at less than fair value during the review period, and assigned it a zero percent AD rate. If the agency's finding is continued in the final results, importers of subject merchandise from OCTAL entered May 1, 2022, through April 30, 2023, won't be assessed antidumping duties. Any changes to rates for OCTAL would take effect on the date of publication in the Federal Register of the final results of this review, which are due in October.
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This review covers only OCTAL. Cash deposit rates for all other exporters of subject merchandise will not change as a result of this review. Commerce has ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry for subject merchandise entered May 1, 2022, through April 30, 2023, that was exported by companies that are not under review (i.e., all except OCTAL) (ADCVDWeb Message # 3233419).
(The period of review is 05/01/22 - 04/30/23. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)