NewPage content with ITC findings
December 18, 2006 By Pulp & Paper Canada
NewPage Corporation has announced that the U.S. International Trade Commission (ITC) voted affirmatively that there…
NewPage Corporation has announced that the U.S. International Trade Commission (ITC) voted affirmatively that there is a reasonable indication that the U.S. paper industry is being hurt by coated free sheet paper imports from China, Indonesia and South Korea.
Based on the ITC’s findings, the case will now proceed to the U.S. Department of Commerce, which will investigate whether the imports are being dumped or subsidized.
“We are very pleased with the ITC’s affirmative preliminary determination,” said Mark A. Suwyn, chairman and CEO for NewPage Corporation. “The dumping and subsidization of Chinese, Indonesian and South Korean paper producers should not be tolerated and the governments of China, Indonesia and South Korea should stop subsidizing pulp and paper production and exports from those countries. We believe everyone should have a fair opportunity to compete in this market.”
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