Corrigendum PAN

Okay, I'm ready to analyze the provided policy text and generate the report. **Report on Corrigendum Notification to Amendment Notification regarding Phthalic Anhydride (PAN) Imports** **1. Executive Summary:** This report analyzes a Corrigendum Notification (dated December 14, 2022) related to an earlier Amendment Notification (dated September 30, 2022) concerning antidumping duties on Phthalic Anhydride (PAN) imports from China PR, Indonesia, Korea RP, and Thailand. The core purpose of this Corrigendum is to correct errors in the referenced Customs Notification numbers and to reflect a name change of a producer-exporter, Aekyung Petrochemical Co., Ltd. to Aekyung Chemical Co., Ltd., both located in Korea RP. The key findings highlight the changes in the cited Customs Notification numbers and the formal recognition of the name change, impacting the application of antidumping duties. **2. Introduction:** This report aims to provide a clear understanding of the Corrigendum Notification issued on December 14, 2022, pertaining to the Amendment Notification dated September 30, 2022, which itself related to the Final Finding Notification No. 6162020DGTR regarding antidumping duties on Phthalic Anhydride (PAN). The analysis is based solely on the information provided in the policy text. **3. Policy Overview:** * **Original Policy Being Amended:** The Corrigendum Notification addresses errors in the Amendment Notification which pertains to Final Finding Notification No. 6162020DGTR dated May 19, 2021 of antidumping investigation concerning imports of Phthalic Anhydride PAN originating in or exported from China PR, Indonesia, Korea RP and Thailand. * **Core Objective(s):** The overall objective, inferred from the text, is to ensure the accurate application of antidumping duties on imports of PAN by correcting administrative errors and reflecting relevant company name changes, preventing circumvention and maintaining fair trade practices. **4. Background and Rationale:** The rationale for this specific Corrigendum Notification stems from identified errors in the previous Amendment Notification. The text indicates that incorrect Customs Notification numbers were initially cited (482021Customs ADD instead of 432021Customs ADD). Additionally, it addresses a request for a name change of the producer-exporter Aekyung Petrochemical Co., Ltd. to Aekyung Chemical Co., Ltd. These corrections are necessary to maintain the integrity and legal validity of the antidumping duties imposed. **5. Key Provisions / Changes:** This is an amendment notification and thus this section focuses only on the changes introduced: * **Specific Part of Original Policy Changed:** The Corrigendum modifies the Amendment Notification dated September 30, 2022, specifically addressing errors in paragraph 1, 34, and paragraph 4. * **New Rule/Provision:** * In para no.1 and 34 of the Amendment Notification, the Custom Notification No. is changed from 482021Customs ADD to 432021Customs ADD. * Para no. 4 of the Amendment Notification is substituted. The new text formally acknowledges the application from Aekyung Chemical Co., Ltd. (formerly Aekyung Petrochemical Co., Ltd.) for the change of name in the final findings and Customs Notification No. 432021 Customs ADD dated 9th August,2021. * **Difference/Effect of Change:** * The correction of the Customs Notification number ensures that the correct legal instrument is referenced for the application of antidumping duties. This is a crucial administrative correction. * Acknowledging the company name change ensures that the antidumping duties are correctly applied to the relevant legal entity (Aekyung Chemical Co., Ltd.) and prevents potential disputes or attempts to evade duties based on the former name (Aekyung Petrochemical Co., Ltd.). **6. Target Audience and Stakeholders:** Based on the provided text, the target audience and stakeholders most directly affected by this Corrigendum are: * **Importers of Phthalic Anhydride (PAN) from China PR, Indonesia, Korea RP, and Thailand.** * **Producer/Exporter: Aekyung Chemical Co., Ltd. (formerly Aekyung Petrochemical Co., Ltd.), Korea RP.** * **Customs authorities responsible for implementing and enforcing antidumping duties.** * **Domestic producers of Phthalic Anhydride (PAN) who benefit from the antidumping duties.** **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, is the responsible body for issuing and implementing this notification. The Customs authorities are responsible for enforcing the amended duties. * **Timelines/Procedures:** The notification is effective from the date of issuance (December 14, 2022). No specific procedures are outlined in the provided text beyond the correction of the mentioned errors and the recognition of the company name change. The customs authorities would be expected to update their records to reflect these changes. **8. Expected Outcomes / Impact of Changes:** The likely intended outcome of these specific changes introduced by the Corrigendum Notification is to: * **Ensure the legal accuracy and enforceability of the antidumping duties** on PAN imports by correcting the Customs Notification reference. * **Prevent potential circumvention of antidumping duties** by formally recognizing the name change of the producer-exporter. * **Provide clarity and certainty** to importers, exporters, and customs authorities regarding the application of the antidumping duties. **9. Conclusion:** The Corrigendum Notification is a necessary administrative measure to rectify errors and acknowledge a company name change related to antidumping duties on Phthalic Anhydride (PAN) imports. These corrections are essential for maintaining the integrity and effectiveness of the antidumping measures, ensuring fair trade practices, and preventing potential disputes or evasion. The notification underscores the importance of accuracy in legal and administrative instruments related to trade remedies.

Key Entities Referenced