ST. LOUIS, June 9, 2020 – Global packaging leader TricorBraun today issued the below statement regarding the U.S. International Trade Commission (ITC) determination in favor of Chinese exporters, in the injury phase of the countervailing duty investigation of imports of glass containers from China. As a result of the ITC decision, no countervailing duty order will be issued on Chinese-manufactured glass, and the duties previously calculated by the Department of Commerce will be removed.
“As the largest distributor of primary packaging and the largest distributor of wine bottles in North America, with robust supply chain expertise, an expansive, sustainable footprint comprised of both domestic and international suppliers, and unmatched purchasing power and scale―we are our customers’ reliable packaging partner. We will continue to ensure our customers’ bottles are there when they need them.
We fully support the U.S. International Trade Commission’s decision as we have been active in this case since October 2019, when distributors, led by TricorBraun, participated in an ITC hearing, disputing the notion that any problems of the U.S. industry are caused by low-priced Chinese imports. We will continue to work with our broad network of suppliers—throughout China, other parts of Asia, the U.S. (including the two U.S. suppliers comprising the petitioner, the American Glass Packaging Coalition), Europe, South America and the Middle East―to meet our customers’ needs.
We stand ready to serve our customers, providing quality products and dedicated service, with multiple sources of glass, so our customers can focus on their business, without any disruption to their business.” — Court Carruthers, president & CEO, TricorBraun.
The parallel antidumping investigation is still pending and will be decided in September 2020.
Founded in 1902, TricorBraun is North America’s largest distributor of primary packaging and a portfolio company of AEA Investors. The company provides innovative solutions across a wide array of customer end markets in plastic and glass containers, closures, dispensers, tubes and flexibles. TricorBraun operates from 50 locations globally. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. Other services include global sourcing, manufacturing oversight and global supply chain programs.