The ceramic industry has not been spared!
With the EU on 19 June announced the official China ceramic dumping, analysts pointed out: "the EU's anti-dumping as soon as the formal ' ceramics to United States calculation for alternative-country anti-dumping duty rate of Chinese ceramics will be up to 63%. Once they are subject to high tax, Chinese ceramics in the European market will inhabit. ”
Today, Shanghai CIMIC building ceramics co., Ltd. (hereinafter referred to as CIMIC) also notice that received the Shanghai Municipal Commission of Commerce Office of fair trading under issued to the company's "on the EU's anti-dumping case deal with ceramic tile warning letter of the preparatory work.
Swing against invading stick pins to the ceramic
In 2009 the Bologna working meeting, the organizers have released to the ceramic industry-related statistics in Europe. Data show 2008 to September 2009, Europe 30% of enterprises have go bankrupt. At the same time, European ceramic production due to the energy, raw materials, transportation, and other operating costs, bank interest and many other factors influence, leading European superposition of ceramic products competitive stress plays down market. While domestic ceramic enterprise is governed by the Central Government to implement loose monetary policy and 4 billion investment plan to stimulate the sales soared, the envy of international companies.
The most severely affected by the anti-dumping in the Guangdong Foshan ceramic enterprises, it has been learned that the anti-dumping investigation of Chinese ceramics due mainly to price advantages, because most of the world's leading producer of ceramic, like Spain, Italy, after the financial crisis, about 40% of the ceramic production line has been discontinued. While China Foshan ceramic exports to the EU not to cut back, 2008 approximately 1.8 billion dollars, 2009 has risen to 2 billion, Italy, Spain, United Kingdom, Germany these major EU imports were US $ 10 million or more. It is reported that now Italy and Spain ceramic tile price of approximately US $ 14, while exports to the EU in Foshan ceramic tile price less than $ 5.
Perhaps it is precisely for this reason, the European Commission in 2010 June 19 officially launched on China ceramic tile ' anti-dumping investigation, according to the EU's ' notice, anti-dumping investigations for the period April 1, 2009-2010-31 March, during the above period, where exports to the EU tariff number has been involved in the tiles enterprises are involved in the enterprise, in accordance with EU law, the entire survey process from 2010 on 19 June onwards will last 15 months, the European Commission will normally be in ' after 9 months to make a preliminary determination.
Once the EU eventually finds Chinese export tiles there are dumping the facts and therefore damage the EU industry, will be on China's anti-dumping investigations under enter EU tiles levy a certain range of anti-dumping duty.
CIMIC to expand overseas share
CIMIC on August 23, 2007, specializing in ceramic tiles and coal tar. The company actual control people-Lee Chee-hsiung, Taiwan, China.
CIMIC 2009 from 1 April 2010-31 March to EU exports of ceramic products sales income of RMB for 3377.82, covering the period operating 3.38%. The CIMIC said they had already started work, dumping dumping team was formed and hiring professional lawyers body dealing with the anti-dumping law.
According to the company's annual report, 2009, consolidated revenue for the company business, with the same 97623 million increase compared to $ 11271 increase 13%. At the same time, the export income up inside, 13.79% respectively and 8.03%. The company's overseas sales 2009 operating profit 817.98 million and operating profit of domestic sales reach 2.7 billion.
According to the data show that the foreign key market CIMIC include Italy, Japan, North America, but the company annual report still says it will increase on this basis, as well as Korea, Germany, Asia other markets to expand international market share, for the next three years to increase exports to the sales revenue of 20%.
But in the operating environment of a column, because the domestic market changes, competition leads to CIMIC operating income growth was 30% of the target cannot be reached. And foreign market changes a column is not significantly affected. Maybe the EU investigation against invading PIN to augur CIMIC's foreign markets will also face major changes.
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