Laws of the People's Republic of China

Ministry of Commerce

Announcement of the Ministry of Commerce

[2004] No. 38

August 3rd, 2004

Ministry of Commerce issued an announcement on December 17, 2003 according to Anti-dumping Regulations of the People's Republic of China, starting an anti-dumping investigation on imported Hydrazine hydrate originated in Japan, ROK, USA and France.

Ministry of Commerce made original arbitration according to the investigation that dumping of the imported Hydrazine hydrate originated in above countries exists, Hydrazine hydrate industry in China has been injured and there is a causal relationship between dumping and the injury.

In accordance with Article 28 and 29 of Anti-dumping Regulations of the People's Republic of China, Ministry of Commerce decided to take temporary anti-dumping measures by levying cash deposit. As of August 3, 2004, the import dealers should pay cash deposit to General Administration of Customs of the People's Republic of China when they import the investigated product originated in above countries.

The tariff number of the investigated product is 28251010 in Customs Import-Export Tariffs 2003 and 2004.

The rate of cash deposit levied from each company is as follows:

Japanese Companies:108%

The companies of ROK

1.

KOC Co., Ltd.: 28%

2.

All others: 35%

The companies of USA: 184%

The companies of France

1.

ATOFINA S.A.: 118%

2.

All others: 120%

The interested parties may submit written comments with enclosed related evidence to the Ministry of Commerce within 20 days as of the day when the announcement is issued. Ministry of Commerce will consider it according to laws.