PIA Statement on U.S. Department of Commerce Anti-Dumping Investigation on Coated Free Sheet Paper

WASHINGTON, DC—June 8, 2007—The U.S. Department of Commerce recently announced its affirmative preliminary determination in the ongoing anti-dumping (AD) investigation of imported Coated Free Sheet (CFS) paper, setting rates ranging from 23 to 99 percent in China, 0 to 30 percent in South Korea, and 10.85 percent in Indonesia. Following the March announcement of affirmative preliminary determinations of tariffs in the concurrent Countervailing Duties investigation, this is yet one more blow to domestic printers sure to be impacted by pricing and supply dynamics of the CFS paper market. The investigation was initiated by one U.S.-based paper supplier, NewPage Corporation; the industry as a whole did not petition for this investigation.