Anzeige
Mehr »
Login
Dienstag, 30.04.2024 Börsentäglich über 12.000 News von 686 internationalen Medien
Basin Uranium: Es geht los! Der Uran-Superzyklus ist gestartet!
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
PR Newswire
41 Leser
Artikel bewerten:
(0)

Appleton Hails Commerce Department Crackdown on Unfair Trade Practices

APPLETON, Wis., Dec. 7, 2012 /PRNewswire/ -- Appleton Papers issued a response today following a preliminary determination by the U.S. Department of Commerce that Papierfabrik August Koehler AG and Koehler America, Inc. (collectively Koehler) deliberately coordinated with multiple parties to structure its sales, pricing and shipping procedures in a manner that would enable it to manipulate its sales prices of lightweight thermal paper (LWTP) reported to the Commerce Department. The Commerce Department also found Koehler's actions consistent with the company's pattern of price manipulation to evade antidumping duties.

The Commerce Department also noted this is Koehler's third time as a mandatory respondent to department requests for information and that the company is fully aware of its statutory duties in that regard.

As a result, the Commerce Department proposes to impose a duty of 75.36% on LWTP sold by Koehler into the U.S.

"We are pleased the Commerce Department confirmed our assertions that Koehler has been engaged in a scheme to defraud the Department by intentionally concealing certain otherwise reportable home market transactions," said Mark Richards, Appleton's chief executive office. "Koehler's contention that their actions were equivalent to a routine error normally accepted by the Commerce Department is completely without merit."

Richards added, "we welcome the opportunity to compete with anyone in the world, provided all competitors compete fairly. We will continue our fight for a level playing field and remain mindful of the desperation of those who choose not to compete under such conditions."

In 2008, the Commerce Department affirmed that Koehler sold LWTP into the U.S. at prices below fair value and imposed antidumping duties that are subject to an annual administrative review by the Commerce Department. The department currently applies a 4.33% duty on LWTP sold by Koehler into the U.S.

About Appleton

Appleton creates product solutions through its development and use of coating formulations, coating applications and Encapsys® microencapsulation technology. The Company produces thermal, carbonless and security papers and Encapsys products. Appleton, headquartered in Appleton, Wisconsin, has manufacturing operations in Wisconsin, Ohio and Pennsylvania, employs approximately 1,600 people and is 100 percent employee-owned. For more information, visit www.appletonideas.com.

SOURCEAppleton

Großer Insider-Report 2024 von Dr. Dennis Riedl
Wenn Insider handeln, sollten Sie aufmerksam werden. In diesem kostenlosen Report erfahren Sie, welche Aktien Sie im Moment im Blick behalten und von welchen Sie lieber die Finger lassen sollten.
Hier klicken
© 2012 PR Newswire
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.