PPG pleased with International Trade Commission ruling on automotive replacement glass windshields from China

Officials with PPG Industries (NYSE:PPG) said they are pleased with today's 3-2 vote by the U.S. International Trade Commission that affirms imports of automotive replacement glass windshields from China are causing material injury to the domestic industry.

PPG and fellow domestic producers Safelite Glass Corp. and Viracon/Curvlite filed an antidumping petition Feb. 28, 2001. "The imposition of antidumping duties on these imports will serve to restore a competitive market balance in the U.S.," said David Sharick, PPG vice president for automotive replacement glass."Today's decision confirms what we have said for more than a year -- that unfairly priced replacement windshields from China are causing harm to the U.S. automotive replacement glass windshield industry. The commission's final staff report showed that imports from China had increased by 275 percent between 1998 and 2000 and an additional 38 percent in the first nine months of 2001 compared to the same period in 2000. During this period, the domestic industry saw net sales decline by more than $58 million and operating income levels decline by more than $20 million."

After the commission sends its decision and the reasons for its determination to the U.S. Department of Commerce, which is expected to occur March 28, the Department of Commerce will then issue an antidumping duty order to the U.S. Customs Service a week later.

Pittsburgh-based PPG is a global supplier of coatings, glass, fiber glass and chemicals with 120 manufacturing facilities and equity affiliates in 24 countries. Sales in 2001 were US$8.2 billion.

600450 PPG pleased with International Trade Commission ruling on automotive replacement glass windshields from China glassonweb.com

See more news about:

Others also read

A few years ago, with precise and meticulous selection, the HSH company purchased LandGlass tempered glass machine.
The offices serve as a link between China and the UAE, a place where the Chinese can connect with opportunities in the UAE for tourism, investment and shopping.
LandGlass Won the Silver Award at “The Third China Dual-use Technological Innovation Application Contest”.
The 2019 exhibition will be held in Guangzhou-Pazhou-Canton Fair from August 22nd to 24th.
Recently, LandGlass was named as one of the “Outstanding Private Enterprises in Luoyang - High Growth Innovative Entities” by the CPC Luoyang Municipal Committee and the People’s Government of Luoyang Municipality.
On November 22, the municipal office of civilization and office of credibility held the “2018 Credible Private Enterprises” commendation conference at the 2nd floor conference room of the Luoyang city hall.

From industry

No. 160 Yichuan Rd.,
Jiaonan Shi
Qingdao Shi
Shandong Sheng, 266000

Add new comment