The International Trade Administration (ITA) has issued a notice stating that at the request of the petitioner, United States PET Resin Producers Coalition, it is postponing the preliminary antidumping (AD) duty determinations on bottle-grade polyethylene terephthalate (PET) resin from India, Indonesia, Taiwan and Thailand until no later than October 20, 2004 (from August 31, 2004).
The International Trade Administration (ITA) has issued a notice stating that it is postponing the preliminary antidumping (AD) duty determination on live swine from Canada an additional 50 days, until no later than October 14, 2004 (from August 25, 2004).
The ITA has previously indicated that these six companies are based in Hong Kong.
The ITA states that until completion of the review, it will instruct U.S. Customs and Border Protection (CBP) to allow, at the option of the importer, the posting of a single entry bond or security in lieu of an AD cash deposit for entries of the subject merchandise both exported by Foodworld and produced by Anhui Tianxin Bee.
Adelphia announced a preliminary timetable for its sale, with the process expected to begin shortly after Labor Day. Company executives said the objective is to complete the auction process by year-end. The company’s financial advisors, UBS Investment Bank and Allen & Co., will manage any sale under the direction and control of the company’s Board of Directors. Adelphia said the financial advisors have had some informal discussions with potential bidders. UBS and Allen & Company will provide information to potential bidders who sign a confidentiality agreement. Adelphia will be soliciting bids both for the entire company and for certain clusters to be announced later. The company expects that preliminary indications of interest will be due in Oct. The company is pursuing a “dual track,” engaged in bankruptcy proceedings at the same time it’s seeking a sale.
The ITA states that the China-wide rate applies to all entries of the subject merchandise except for entries from Since Hardware, Yongjian, Forever Holdings, Gaoming Lihe, and Harvest International.
The ITA states that it is rescinding this AD duty new shipper review because it concludes that the new shipper sale on which the request for review was based was not commercially reasonable or bona fide.
The ITA states that the China-wide rate applies to all exporters of subject merchandise not specifically listed above.
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
(a) final AD rate of zero; however, suspension of liquidation will continue