Asia Pulp & Paper Disappointed in Preliminary Findings of Subsidy Cases
The U.S. Department of Commerce released the preliminary results in its countervailing duty (CVD) investigation of coated paper from China and Indonesia. Asia Pulp & Paper (APP), a major exporter of coated paper from China and Indonesia, expressed disappointment with the initial findings. The coated paper under investigation is typically used for printing multicolored graphics for catalogues, books, magazines, labels and wraps, greeting cards and other items requiring high-quality print graphics. APP remains confident that when Commerce has fully considered all of the facts, the preliminary margins will be reduced or eliminated.