EuroChem Got the Possibility to Import Carbamide to the USA
OREANDA-NEWS. On 26 May 2008 was announced, that the resolution of the Trade Department of the USA established the damping margin for OJSC MCC EuroChem for import of carbamide to the USA at the rate of 0%. OJSC MCC EuroChem got the possibility to import carbamide to the USA on a duty-free basis after more than 20 years of absence in the American market.
Individual review of the anti-damping measure for OJSC MCC EuroChem was opened on the 27th of February 2007 on the basis of delivery of a lot of carbamide exercised at the end of 2006 to the USA. The company needed to get an individual level of the duty as a new exporter not affiliated with Soviet exporters. The company EuroChem during the period from 2004 to 2008 carried out a large scale reconstruction of carbamide synthesis aggregates at its enterprises “Nevinnomyssky Azot” and “NAK Azot” at the total amount over 85 million dollars which allowed for improvement of quality of the produced product, adjust it in accordance with international standards.
The resolution may be named historical and unprecedented. Within more than a year and a half the Company took comprehensive part in the anti-damping investigation. The position of OJSC MCC EuroChem was actively supported by representatives of associations of American farmers, "members of the Chamber of Representatives and the Senate of the USA who are permanent supporters of liberalization of trade in general and the market of mineral fertilizers in particular.
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