PEARL RIVER, NY – JULY 25, 2016 – Hudson Technologies, Inc. (NASDAQ: HDSN) today announced that the U.S. International Trade Commission (“ITC”) held its final vote on the antidumping petition related to Hydrofluorocarbon (HFC) refrigerant blends from China. By unanimous vote, the ITC confirmed that imports of certain HFC refrigerant blends from China have caused material injury to the U.S. HFC industry. As a result of this vote, import duties will be imposed retroactive to February 1, 2016.
The American HFC Coalition filed the antidumping petition in June 2015, charging that imports of certain HFC blends and components from China are being sold at less than fair value and have caused material injury to the U.S. domestic fluoro-chemicals industry.
The ITC also determined that U.S. industry is not materially injured or threatened with material injury by reason of certain HFC blend components imported from China that the U.S. Department of Commerce previously determined are sold in the U.S. at less than fair value.
More details can be found on the ITC website:
https://usitc.gov/press_room/news_release/2016/er0722ll633.htm