PMC Specialties Group.html

NEWS RELEASE

For Immediate Release

On Behalf of PMC Specialties Group, Inc.

Contact: Ms. Zetta Bouligaraki President
513-482-7311

Date: May 19,2009

PMC Specialties Group, Inc. ("PMCSG"), the sole U.S. producer of saccharin, announces that it intends to seek revocation of the antidumping duty order covering imports of saccharin from the People's Republic of China. This drastic step has been forced by a combination of continued actions to improperly circumvent the order, plus the fact that the order has primarily benefited Asian saccharin producers rather than PMCSG or U.S. customers, hi the coming days PMCSG intends to file a formal request that the United States Department of Commerce conduct a changed circumstances review that would result in revocation of the order.

On May 8, 2009, PMCSG successfully completed a full formal review of the antidumping duty order by the United States International Trade Commission. In that review, the Commission unanimously decided to keep the antidumping duty order in place, in order to avoid continued or recurrent .injury to the U.S. industry. PMCSG acknowledges and appreciates the efforts by both the Commerce Department and the International Trade Commission.

Notwithstanding this decision and the fact that PMCSG is a U.S. producer and remains committed to continued production in the United States, ongoing problems with circumvention have reduced the order's effectiveness to the point that PMCSG cannot justify keeping it in place. Continued circumvention of the order has resulted in a situation in which Asian producers, and not the U.S. industry or U.S. customers, have reaped the majority of the order's benefits. Given this, and under the current changing market conditions, PMCSG has made the difficult decision that the order provides no benefit to the company and only benefits Asian producers to the detriment of U.S. customers.

As a result, PMCSG has concluded that it is in the best interest of its valued customers to seek revocation of the antidumping duty order.


	NEWS RELEASE For Immediate Release On Behalf of PMC Specialties Group, Inc. Contact: Ms. Zetta Bouligaraki President 513-482-7311 Date: May 19,2009 PMC Specialties Group, Inc. ("PMCSG"), the sole U.S. producer of saccharin, announces that it intends to seek revocation of the antidumping duty order covering imports of saccharin from the People's Republic of China. This drastic step has been forced by a combination of continued actions to improperly circumvent the order, plus the fact that the order has primarily benefited Asian saccharin producers rather than PMCSG or U.S. customers, hi the coming days PMCSG intends to file a formal request that the United States Department of Commerce conduct a changed circumstances review that would result in revocation of the order. On May 8, 2009, PMCSG successfully completed a full formal review of the antidumping duty order by the United States International Trade Commission. In that review, the Commission unanimously decided to keep the antidumping duty order in place, in order to avoid continued or recurrent .injury to the U.S. industry. PMCSG acknowledges and appreciates the efforts by both the Commerce Department and the International Trade Commission. Notwithstanding this decision and the fact that PMCSG is a U.S. producer and remains committed to continued production in the United States, ongoing problems with circumvention have reduced the order's effectiveness to the point that PMCSG cannot justify keeping it in place. Continued circumvention of the order has resulted in a situation in which Asian producers, and not the U.S. industry or U.S. customers, have reaped the majority of the order's benefits. Given this, and under the current changing market conditions, PMCSG has made the difficult decision that the order provides no benefit to the company and only benefits Asian producers to the detriment of U.S. customers. As a result, PMCSG has concluded that it is in the best interest of its valued customers to seek revocation of the antidumping duty order.