South Korea Acetone: Prelim Results of AD Admin Review
The Commerce Department has released the preliminary results of its antidumping duty administrative review on acetone from South Korea (A-580-899). The agency preliminarily calculated a 0.69% AD rate for the one company remaining under review, Kumho P&B Chemicals Inc. If the agency's finding is continued in the final results, importers of subject merchandise from KPB entered March 1, 2023, through Feb. 29, 2024, will be assessed AD at that rate and be subject to an AD cash deposit requirement. Any changes to the cash deposit rate would take effect on the date of publication in the Federal Register of the final results of this review, which are due in November.
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Commerce said it's rescinding the review for LG Chem Ltd., because it had no reviewable, suspended entries during the review period.
This review covers only KPB. Cash deposit rates for all other exporters of subject merchandise won't change as a result of this review, and Commerce has ordered liquidation of entries from such companies “as entered” at the cash deposit rate in effect at the time of entry (AD/CVDWeb Messages #4172402).
(The period of review is 03/01/23 - 02/29/24. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)