Laws of the People's Republic of China

Announcement No.40, 2006 of the General Administration of Customs of the People's Republic of China concerning the Alteration of the Right and Obligation in the Anti-dumping TDI of MITSUI TAKEDA CHEMICALS, INC.

No. 40 [2006]

In accordance with Anti-dumping Regulations of the Peoples Republic of China, the Tariff Committee of the State Council decides to impose anti-dumping duties on TDI (type of TDI80/20 and the tariff code is 29291010) originating from Japan, the Republic of Korea and the United States as from Nov 22, 2004 with duration of 5 years. Ministry of Commerce released Announcement No.61, 2003 and the General Administration of Customs released announcement No.64 on related issues of implementation. In accordance with result of midterm review, the Tariff Committee of the State Council decided to adjust the rate of anti-dumping duties on imported TDI originating from Japan and the Republic of Korea. The anti-dumping duties rate on MITSUI TAKEDA CHEMICALS, INC. was adjusted to 12.45 percent while the rate of other companies of Japan was adjusted to 60.02 percent in January 2006, for which General Administration of Customs specially release Announcement No.1, 2006. Recently, in accordance with application of MITSUI TAKEDA CHEMICALS, INC., Ministry of Commerce decided that MITSUI CHEMICALS POLYURETHANE, INC. shall succeed anti-dumping duties rate applicable for MITSUI TAKEDA CHEMICALS, INC. after examination, and released Announcement No.53, 2006 (please refer to Appendix for details). Related issues on Customs implementation are announced as follows:

1.

The Customs will impose an anti-dumping duty of 12.45% and 60.02% on TDI originating from MITSUI CHEMICALS POLYURETHANE, INC. and MITSUI TAKEDA CHEMICALS, INC. respectively.

2.

The other issues on anti-dumping duties of TDI originating from Japan, the Republic of Korea and the United States are subject to related regulations of Announcement No. 64, 2003 and Announcement No.1, 2006 of the General Administration of Customs.

General Administration of Customs

Jul 12, 2006