|[December 31, 2013]
One Year After Winning Trade Ruling, SolarWorld Works to Finish Job of Restoring U.S. Competition
HILLSBORO, Ore. --(Business Wire)--
announced today that it is taking further steps to counter ongoing,
anticompetitive trade practices that the U.S. government conclusively
determined one year ago were unfairly harming the U.S. domestic solar
industry. The largest U.S. producer for more than 35 years, the company
said it was acting on behalf of the domestic industry as a whole, with
support from a broad coalition of installers and other industry
businesses, and in the interest of the promising future of an industry
and technology pioneered in America.
Today, the company submitted anti-dumping and anti-subsidy cases with
the U.S. International Trade Commission and the U.S. Department of
Commerce against China and Taiwan to close a loophole in trade remedies
issued a year ago this month. The loophole enables Chinese producers to
evade duties averaging about 31 percent by assembling modules from cells
manufactured in third countries. As a result, the company said, China
has continued to improperly subsidize its export-intensive campaign and
sell below production costs in the U.S. market to seize market share.
Research, including a
National Renewable Energy Laboratory report, concludes China has no
solar production cost advantage.
"We're finishing the job of presenting the facts to our trade regulators
to prevent China from further damaging yet another manufacturing
industry and another rich base of employment," said Mukesh Dulani,
president of SolarWorld Industries America Inc., based in Oregon. "China
obviously recognizes the key importance of solar-technology
manufacturing to future economic competitiveness. But we do, too.
Therefore, we are once again simply asking our trade regulators to
investigate the facts and apply the well-established laws that enable
fair trade, robust competition and lower long-term pricing. If fair
competition can be restored, the U.S. industry will return to growth."
SolarWorld is acting not only on behalf of the domestic industry but
also with support from the Coalition
for American Solar Manufacturing, a broad cross-section of solar
employers united in their support for free and fair trade according to
international laws and rules, sustainable manufacturing according to the
West's high environmental and quality standards, and domestic
manufacturing industry and employment for Americans. All told, CASM's
241 member organizations employ about 18,350 Americans. Since
SolarWorld filed the first cases, China's anti-competitive campaign has
forced a number of additional CASM members out of business.
SolarWorld AG manufactures solar power systems and in doing so
contributes to a cleaner energy supply worldwide. The company, located
in Bonn, employs approximately 2,500 people and carries out production
in Freiberg, Germany, and Hillsboro, USA. From raw material silicon to
the solar module, SolarWorld manages all stages of production ?
including its own research and development. Through an international
distribution network, SolarWorld supplies customers all over the world
with solar modules and complete systems. The company maintains high
social standards at all locations across the globe, and has committed
itself to resource- and energy-efficient production. SolarWorld has been
publicly traded on the stock market since 1999. More information at www.solarworld-usa.com
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