Five EU states seek Commission curbs on PET imports
Five EU member states have asked the European Commission to impose measures against PET imports, citing damage to domestic producers from a surge in shipments, according to lawyers cited in a report. The Commission has 30 days to decide whether to introduce safeguard measures or tariffs.
Why this mattersA safeguard duty on PET, the resin used in bottles and much rigid food and beverage packaging, could raise input costs for European converters and bottlers.
- Five EU member states filed the request with the European Commission.
- The request cites a surge in PET import shipments harming domestic producers.
- The Commission has 30 days from the request to decide on safeguard measures or tariffs.
Sources
topic.echemi.com