U.S. Department of Commerce Issues Final Review on Antidumping of Resin from Oman
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The U.S. Department of Commerce has finalized its review regarding the import of Polyethylene Terephthalate Resin from the Sultanate of Oman. The outcome of this review shows that the sole manufacturer and exporter under examination, OCTAL SAOC FZC (OCTAL), sold the resin at prices lower than normal during the period of May 1, 2023, to April 30, 2024.
The Department of Commerce first made preliminary findings on this matter in September 2025, which were discussed in detail in the Federal Register. Following this, in January 2026, the Department conducted a thorough verification process to inspect OCTAL’s sales and cost information. They examined detailed documents and accounting records.
There were notable delays in the review process caused by a Federal Government shutdown and backlogs, but the final results have now been announced. According to these results, OCTAL SAOC FZC has a weighted-average dumping margin of 2.82 percent.
Additionally, the Department of Commerce made updates based on findings during verification. They recalculated inventory carrying costs using the latest data from OCTAL.
The Department will communicate with U.S. Customs and Border Protection (CBP) to enforce the finalized antidumping duties. Importers of this resin need to be aware of their responsibilities to comply with these duties.
For future imports, a new cash deposit rate will be applied. OCTAL will now have a rate of 2.82 percent. If the exporter was not reviewed but the producer was, the rate will follow the producer’s previous rate. If both the exporter and producer were not reviewed previously, the rate is set at 7.62 percent.
Importers must also remember to file a certificate proving that antidumping duties have not been reimbursed. If this is not done, it may lead to higher duties being imposed.
Parties who have benefited from access to confidential information under the Administrative Protective Order (APO) must follow proper procedures to return or destroy this information in accordance with regulatory guidance.
This review by the Department of Commerce ensures fair trading practices and aims to protect U.S. industries from unfair pricing strategies.
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