(Beijing News) Mainland China will collect anti -dumping taxes on imported styrenes produced in South Korea, Taiwan and the United States from Sunday for five years.

The Ministry of Commerce of Mainland China issued an announcement on the official website on Friday (21st) that the anti -dumping measures applied to South Korea, Taiwan and the United States for the final review of the anti -dumping measures. From Sunday (June 23),Anti -dumping tax is collected in the above -mentioned three places.

According to the announcement, the impact of anti -dumping tariffs on South Korean companies is from 6.2%to 7.5%, the taxation rate of Taiwan companies is 3.8%to 4.2%, and the taxation rate of American companies is 13.7%to 55.7%.

Announcement states that if anti -dumping measures are terminated, the splash of pyroylene imported in South Korea, Taiwan, and the United States may continue or occur again.

The styrene is an organic compound. It is an important single of synthetic resin, ion exchange resin and synthetic rubber. It is widely used in the production of rubber, plastic, insulating materials, glass fiber, car, hull, food container and carpetEssence