10 April 2026
VBB secures zero duty for Taekwang Industrial Co. in EU anti-dumping investigation on imports of PTA from Korea
1 min read
VBB, with a team led by partner Yuriy Rudyuk and including senior counsel Pei Fang Lo, counsel Sergiy Beketov, and associate Bowon Choi, has successfully represented the Korean producer Taekwang Industrial Co., Ltd
We have successfully represented the Korean producer Taekwang Industrial Co., Ltd. in the context of an EU anti-dumping investigation concerning imports of terephthalic acid (PTA) originating in the Republic of Korea and Mexico.
The investigation, which involves terephthalic acid of a purity by weight of 99.5% or more, led to the provisional duties published in the Official Journal of the EU: http://data.europa.eu/eli/reg_impl/2026/801/oj
The European Commission concluded that Taekwang Industrial Co., Ltd. engaged in no dumping activity. Consequently, while other exporters from Korea and Mexico face provisional anti-dumping duties ranging from 6.2% to 25.7%, Taekwang Industrial Co., Ltd. will be fully exempt from these duties.
This preliminary outcome is a significant victory for Taekwang Industrial Co., Ltd., ensuring their continued duty-free access to the European Union market despite the broader imposition of trade defence measures on the product.
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