The antidumping margins announced by DOC on imports from Indonesia were 20.13 percent and ranged from 7.6 to 135.83 percent on imports from China. Countervailing duties on products from Indonesia will be subject to tariffs of 17.94 percent and on Chinese imports range from 17.64 to 178.03 percent.
For the most part, coated and uncoated offset papers run reasonably well on toner-based digital systems but, with inkjet, it's a whole different ball game. Inkjet inks have a high water content, and tend to soak into uncoated papers or sit up on coated papers where they may smear.
More than 100 members of Congress who wrote to President Obama asking for action on China's subsidizing of its paper producers.
NPES is monitoring the unfair trade practice cases filed by three U.S. paper manufacturers and a workers’ union, which allege that China and Indonesia are harming the U.S. paper industry by providing unfair support to their domestic paper manufacturers that export to the United States.
Last September, a petition was filed charging Indonesia and China with illegal subsidies and dumping during 2008 and 2009, which subsequently caused "material injury" to the U.S. paper industry.
For 2010, three big stories will be the end of the recession, the end of black liquor credits, and the proposed anti-dumping and countervailing duties on coated papers from China and Indonesia.
Several U.S.-based coated paper manufacturers, led by NewPage Corp., are asking the federal government to level the playing field by imposing duties on China and Indonesia for subsidizing and dumping certain coated paper.
APPLETON, WI—A new buyout method has placed ownership of a paper company in the hands of its employees. Workers of Appleton Papers have purchased all the company's stock from its European parent, Arjo Wiggins Appleton, in a deal valued at $810 million. As part of the deal, management and non-management employees voted to transfer $107 million from their 401(a) and 401(k) plans through an Employee Stock Ownership Plan (ESOP) into Paperweight, the acquisition vehicle used by the employees to acquire the company. Paperweight then acquired Appleton, and Houlihan Lokey Howard & Zukin of Washington—Paperweight's financial advisor—arranged financing in excess of $700 million through bank debt,
