Appleton Papers issued a
response today following a final determination by the U.S. Commerce Department
that Papierfabrik August Koehler AG (Koehler) deliberately coordinated with
multiple parties to structure its sales, pricing and shipping procedures in a
manner that would enable it to manipulate its sales prices of lightweight
thermal paper (LWTP) reported to the Department. In its final decision, the
Department noted that Koehler admitted the transshipment scheme and its
concealment of reportable data.
As a result of what the Commerce Department deemed "fraudulent conduct" and a "pattern of deception" by Koehler, the Department imposed a duty of 75.36% on LWTP sold by the German-based company into the U.S., a duty the Department proposed in its preliminary determination issued in December 2012.
As a result of what the Commerce Department deemed "fraudulent conduct" and a "pattern of deception" by Koehler, the Department imposed a duty of 75.36% on LWTP sold by the German-based company into the U.S., a duty the Department proposed in its preliminary determination issued in December 2012.
