S. Korea to impose antidumping duties on Chinese butyl acrylate
SEOUL, Sept. 1 (Yonhap) -- South Korea's finance ministry on Tuesday decided to ...
On September 1, South Korea's finance ministry announced plans to impose antidumping duties on Chinese butyl acrylate imports, deeming them harmful to the domestic industry. The ministry's Korea Trade Commission conducted an investigation, resulting in duties ranging from 8.32% to 19.17% on the imported products. These duties will be in effect from September 28 through September 27, 2031.
The probe began in September 2025 after a complaint from LG Chem Ltd. The domestic market for butyl acrylate was valued at approximately 100 billion won (US$73 million) in 2024, with Chinese products comprising 47% of the imports. The ministry stated that this measure will help alleviate the damage caused by low-priced dumped imports and rectify market distortions due to unfair pricing.
Butyl acrylate, a clear and colorless chemical, is widely used in the production of paints, coatings, adhesives, plastics, and textiles.
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