Hardwood Plywood Gains Relief

United States International Trade Commission (USITC) has determined that the U.S. hardwood plywood industry is materially injured by reason of imports of hardwood plywood from China that the U.S. Department of Commerce had earlier determined are sold in the U.S. at less than fair value and are subsidized by the government of China.

As a result of the USITC’s affirmative determinations, Commerce will issue antidumping and countervailing duty orders on imports of this product from China. Imports of hardwood plywood from China will not be subject to retroactive antidumping or countervailing duties.

The Coalition for the Fair Trade of Hardwood Plywood commends the unanimous decision by the ITC, praising it as meaningful relief for the U.S. hardwood plywood industry. Dept. of Commerce earlier set an antidumping duty of 183.6%, as well as countervailing duties ranging up to 194.9%.

“Today’s decision demonstrates that the U.S. government will not tolerate unfair trade practices and will support American manufacturing and workers,” says Kip Howlett, president of Hardwood Plywood Veneer Assn. “This puts American interests first by standing up to the illegal imports of Chinese hardwood plywood.”

In October, ITC held a hearing on these illegal imports of Chinese hardwood plywood and listened to the testimony of numerous U.S. producers, company executives and members of Congress.

In addition to the testimony provided at the ITC, the Coalition received a letter of support from more than 40 members of Congress, led by U.S. Sens. Ron Wyden (D-OR) and Shelley Moore Capito (R-WV) and Reps. Greg Walden (R-OR) and Pete DeFazio (D-OR) urging the ITC to issue meaningful relief for the U.S. industry. The letter of support recognized the ways in which the U.S. industry has been harmed by illegal trade practices, forcing many producers to operate at less than 50% capacity. Imports of Chinese hardwood plywood increased 22% from 2014 to 2016, and another 26% in the first half of 2017.

The antidumping and countervailing duty cases were filed on behalf of the Coalition for Fair Trade of Hardwood Plywood, a group of six producers and manufacturers.

 

Latest News

TP&EE Sets 2024 Show Dates

Hatton-Brown Expositions LLC announces that the next Timber Processing and Energy Expo (TP&EE) will be held September 25-27, 2024 at the Portland Exposition Center in Portland, Ore. The 2024 show will be the sixth biennial TP&EE to be produced since 2012 by Hatton-Brown Expositions, LLC, an affiliate of Hatton-Brown Publishers, Inc. and of Timber Processing, Panel World and Wood Bioenergy magazines. All of the TP&EEs have been held at the Portland Exposition Center. (The 2020 event was canceled due to…

Roseburg Announces Massive Investment

In a much-anticipated announcement, Roseburg Forest Products revealed in last week its plan to invest $700 million during the next four years to upgrade and expand its manufacturing operations in southern Oregon, including the construction of a MDF facility in Dillard, current site of multiple operations and where the company was founded nearly 90 years ago. The total investment package includes the creation of two new manufacturing plants, and technological improvements and upgrades at existing plants in rural Douglas and Coos counties…

LP Adds New VPs

LP Building Solutions (LP) has announced that Libby Berman has been named Vice President, Chief Tax Officer and Bob Hopkins has been named Vice President, Treasurer. “Bob and Libby have been invaluable contributors to the LP team for many years now,” says LP Executive Vice President and Chief Financial Officer Alan Haughie…

Find Us On Social

Newsletter

The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.

Subscribe/Renew

Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!