Melamine exports facing headwinds in United States
TheUS Commerce Department said on Wednesday that it was imposing antidumping duties and launching countervailing duty investigations into melamine imports from China and Trinidad and Tobago. Melamine is a crystalline powder or granule that is typically used in the production of melamine resins used in laminates, surface coatings, adhesives, molding compounds and paper treatment, the department said in a statement. The investigations are in response to a petition filed by Cornerstone Chemical Company based in theUS state of Louisiana. The company alleged that melamine from China and Trinidad and Tobago were sold below the fair value of the products in theUS market with dumping margins of 255.44 percent to 363.31 percent and 166.9 to 189.1 percent respectively, while producers and exporters from these countries also received government subsidies.