EU to impose 42.1% anti-dumping duties on Chinese solar glass firms

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The EU is to apply a 42.1% anti-dumping duty on Chinese solar glass manufacturers, according to a document published in the organisation's official journal.

The new levies are applicable from tomorrow, 28 November, the day after publication in the journal.

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The investigation was announced in February this year with a parallel anti-subsidy inquiry following in April.

Companies that cooperated with the EU investigation will be charged slightly lower rate of 38.4% with Henan Yuhua given the lowest rate of 17.1% to reflect its smaller dumping margin. Hehe Group was given a 32.3% levy and Xinyi Group a 39.3% rate.

The EU believes that the duties could allow manufacturers that ceased production due to price pressure from an influx of low-cost Chinese solar glass to begin again.

Centrosolar sold its glass manufacturing arm to Belgian firm Ducatt for a nominal fee in May after it starting losing money in 2012.

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