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According to the report, according to the original plan, the South Korean government will completely cancel the anti-dumping measures imposed on Chinese titanium dioxide production. However, COSMO Chemicals, the only white paint manufacturer in Korea, claimed that China sold titanium dioxide at a low price, causing great losses to the Korean white paint industry and applied for a review.
According to reports, titanium dioxide produced in China is a type of white paint and is mainly used in paints, plastics, rubber, and papermaking. Last year, the Korean domestic market reached 90 billion won (100 million won and 600,000 yuan).
The Korean Trade Commission will make a final decision on the anti-dumping application after a six-month investigation.
Han restarts anti-dumping review of titanium dioxide produced in China
The Korean Ministry of Knowledge Economy Trade Committee said on the same day that, upon the application of Korean COSMO chemistry, it decided to initiate an anti-dumping review of Chinese titanium dioxide production and investigate whether or not to adjust the existing anti-dumping implementation.