en.Wedoany.com Reported - The Indonesian Anti-Dumping Committee (KADI) has proposed imposing anti-dumping duties on homopolypropylene (PP) resin imports from eight countries, with rates ranging from 5.52% to 36.62%.
The proposed anti-dumping duties target products under HS code 3902.10.40, covering imports from China, Malaysia, the Philippines, Saudi Arabia, Singapore, South Korea, Thailand, and Vietnam. In a document released on June 2, KADI determined that several companies from these countries engaged in dumping practices, leading to a decline in domestic sales, market share, and capacity utilization for Indonesian PP producers, thereby affecting their cash flow, return on investment, and growth trajectory.
Specific duty rates vary by country and company. For China, Zhejiang Petroleum and Chemical Co., Ltd. is subject to 5.52%, while other Chinese companies face 18.01%. Malaysia's Lotte Chemical Titan (Malaysia) Sdn. Bhd. is at 30.45%, with Pengerang Petrochemical Sdn. Bhd. and other Malaysian companies at 36.62%. All companies in the Philippines are uniformly set at 20.67%. Saudi Arabia shows a clear divergence: Rabigh Refining and Petrochemical Company at 35.26%, Saudi European Petrochemical Company at 8.64%, Yanbu National Petrochemical Company, Saudi Yanbu Petrochemical Company, and Saudi Kayan Petrochemical Company all at 19.23%, and other Saudi companies at 35.26%. Singapore's ExxonMobil Asia Pacific Pte. Ltd. is not applicable, while Polyolefin (Singapore) Pte. Ltd. and other companies are at 28.38%. South Korean companies face rates between 10.55% and 10.90%, with Ulsan PP and PolyMirea both at 10.90%, S-Oil at 10.55%, Hyundai Corporation, Hanwha TotalEnergies Petrochemical, and Hyosung Chemical all at 10.86%, and other South Korean companies at 20.32%. Thailand's HMC Polymers is at 19.50%, IRPC Public at 20.55%, Thai Polyethylene at 19.99%, and other Thai companies at 20.55%. Vietnam's Hyosung Vina Chemicals is at 7.07%, while Long Son Petrochemical and Nghi Son Refinery and Petrochemical are both at 17.32%, with other Vietnamese companies at 17.32%.
The anti-dumping investigation was initiated on October 24, 2024, following a request from local polyolefin producer PT Chandra Asri Pacific Tbk. The proposed anti-dumping duties are subject to approval by the relevant authorities. In February 2025, after concluding another investigation, KADI recommended anti-dumping duties of 7.17% to 29.01% on PP block copolymer resin imports from Malaysia, Singapore, South Korea, the United Arab Emirates, and Vietnam. That investigation was initiated by PT Chandra Asri Pacific Tbk in August 2023, and the anti-dumping duties on PP block copolymers have not yet been implemented, with no updates since then.
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