The United States Department of Commerce, International Trade Administration (US DoC) has applied the ‘adverse facts available’ (AFA) methodology resulting in the imposition of the highest possible countervailing duty (CVD) rate of 340.27% on LT Foods’ step-down subsidiary -- Ecopure Specialities' (Ecopure) exports of organic soybean meal to the United States.
Ecopure is presently evaluating all available legal remedies in response to the aforementioned imposition, in accordance with applicable law.
LT Foods, is a leading rice-based food Company with strong global brands of basmati and other specialty rice, organic foods and rice-based convenience products.
