The complaint was lodged by the European Glass Fiber Producers Association (APFE).
According to EuCIA and EuPC, the Trade Association of the European Plastics Converters, this anti-dumping case could have several effects on the composites industry.
Based on the existing official information and further clarifications from the European Commission, EuCIA considers that import duties on glass fibre from China will very likely lead to prices increase within the composites industry in a short time period.
EuCIA states that it supports a free competitive business environment and will investigate whether dumping takes place or not. Based on the conclusions, it will support or act against the anti-dumping proceedings.
Short and long-term effects
EuCIA lists the possible short and long-term effects of the anti-dumping action:
- Significant import duties for business and consumers. Past similar experiences within the polymer and other industries have shown that in some cases, import duties can reach figures as high as 20%, thus increasing the cost of raw material in Europe.
- Rise of unemployment in the composites industry. The use of glass fibre from China by the composites industry is part of global business development, balancing the costs in the production process. If changes occur, the cost competition within the industry will be affected and have negative outcomes for ongoing and future investments and employment within the sector.
- Relocation of production plants outside Europe. Due to increased prices and other factors, companies may consider relocation of production outside Europe (e.g. China). The price of glass fibre is as competitive in Europe as is in China.
See also: Notice of initiation of anti-dumping proceedings (Official Journal of the European Union).