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US ITC Finds Sufficient Evidence to Pursue Coated Freesheet Dumping Probe

Dec. 15, 2006 - The United States International Trade Commission (ITC) today determined that there is a reasonable indication that the U.S. paper industry is "materially injured or threatened with material injury by reason of imports of coated free sheet paper from China, Indonesia, and Korea that are allegedly subsidized and sold in the United States at less than fair value."

The findings were applauded by NewPage Corp., who petitioned the ITC for the anti-dumping and countervailing duty investigation.

"We are very pleased with the ITC's affirmative preliminary determination," Newpage Chairman and CEO Mark A. Suwyn said.

"The dumping and subsidization of Chinese, Indonesian and South Korean paper producers should not be tolerated and the governments of China, Indonesia and South Korea should stop subsidizing pulp and paper production and exports from those countries. We believe everyone should have a fair opportunity to compete in this market," he said.

As a result of the Commission's affirmative determinations, the U.S. Department of Commerce will continue to conduct its investigations of imports of coated free sheet paper from China, Indonesia, and Korea, with its preliminary countervailing duty determinations due on or about January 24, 2007, and its preliminary antidumping determinations due on or about April 9, 2007.

"Imports from these countries have significantly increased over the past three years, up more than 50 percent from the beginning of 2006 through October," Suwyn continued. "In the last year, we've watched many paper machines shut down in the United States as a result of competition from low-priced imports."

The Commission's public report Coated Free Sheet Paper from China, Indonesia, and Korea (Investigation Nos. 701-TA-444-446 and 731-TA-1107-1109 (Preliminary), USITC Publication 3900, December 2006) will contain the views of the Commission and information developed during the investigations.

Copies of the report are expected to be available after January 10, 2007, by calling 202-205-2000 or from the Office of the Secretary, 500 E Street SW, Washington, DC 20436. Requests may also be faxed to 202-205-2104. "The ITC's decision is an important next step for imposing antidumping and countervailing duty orders that are necessary to correct the market distortion in the American paper industry and the American manufacturing base," Suwyn added.

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