Two US polyester producers file petitions against Indian, Chinese imports
Unifi and Nan Ya Plastics, two leading US polyester producers, have filed petitions alleging dumped and subsidised imports of polyester from China and India are damaging the domestic market. The petitions allege producers in China and India are dumping polyester textured yarn in the US market at sizeable margins – by up to 68 per cent in the case of China and between 40 and 130 per cent in the case of India.
The products affected by this case are made by Unifi at its production facilities in Yadkinville, North Carolina, and Madison, North Carolina, where Unifi employs approximately 1,100 and 470 people, respectively, and by Nan Ya at its production facility in Lake City, South Carolina, where Nan Ya employs approximately 900 people.
The petitions also allege the Chinese polyester textured yarn industry benefits from at least 20 different Chinese government subsidies, and that the Indian polyester textured yarn industry benefits from at least 38 different Indian government subsidies.