On March 24, 2023, department of Commerce receives globalization of Thailand nation oil to learn Inc. (PTT Global Chemical Public Company Limited) referred application, this company requestsLimited company of successive PTT phenol(PTT Phenol Company Limited) the place in dumping measure is turned over to turn over dumping tax tax rate and other right obligation applicably in what to originating in the entrance of the United States, European Union, Korea, Japan and Thailand formerly phenol carries out. Department of Commerce undertook investigating to this and make the decision of successive tax rate. Be as follows concerned item announcement now:

China unsaturated polyester resin (UPR)
One, PTT phenol limited company is applicable tax rateOn September 3, 2019, department of Commerce is released 2019 the 37th announcement, the decision is right the entrance phenol that originates in the United States, European Union, Korea, Japan and Thailand formerly is collected oppose dumping tax, executive deadline is 5 years. Among them, PTT phenol limited company is applicableReturn dumping tax tax rate for 10.6%. 2, investigate a programOn March 24, 2023, globalization of Thailand nation oil learns Inc. to submit application to Department of Commerce, say to rise from Feburary 1, 2023, its are wholy-owned limited company of subsidiary PTT phenol shifts the business that includes phenol inside globalization of Thailand nation oil to learn Inc. entirely, reason requests limited company of successive PTT phenol to turn over the right obligation in dumping measure in phenol, the enrollment that referred two companies registers rules of file, company, application of change of Wu of the resolution of board of directors that transfers about business, duty and tax authority accept business of confirmation, company to transfer announcement, whole business to change an agreement, home of list of supplier of detailed list of facilities of list of the shareholder list of business move around, board of directors, production, raw material, Thailand is sold and export client list to wait for proof material and the Thailand that register the document that register to China governmental notarization and China are stationed in file of attestation of peaceful diplomatic mission. Department of Commerce informed Chinese phenol of the industry with respect to afore-mentioned application matters concerned, Chinese phenol property is right this not dissent. 3, decision of successive tax rateVia examining, department of Commerce thinks, the application of this company accords with a requirement and add corresponding evidence, its turn into to manage directly by indirect control about the management of phenol, the productivity of around of company business move, supplier concerns to wait to all did not produce change with client base. Accordingly, decision of Department of Commerce: (one) learn Inc. by globalization of Thailand nation oil (PTT Global Chemical Public Company Limited) limited company of successive PTT phenol (PTT Phenol Company Limited) the place in dumping measure is turned over in phenol applicableOf 10.6% turn over dumping tax tax rate and other right obligation. (2) with PTT phenol limited company (PTT Phenol Company Limited) the phenol that the name exports to China, applicable phenol turns over ” of company of other Thailand of the “ in dumping measure28.6% return dumping tax tax rate. 4, this announcement is carried out since April 27, 2023

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