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KODAK PLEASED BY ITC PRELIMINARY DETERMINATION IN ANTI-DUMPING CASE

 ROCHESTER, N.Y., Oct. 12 /PRNewswire/ -- Eastman Kodak Company (NYSE: EK) today released a statement in response to the news that the U.S. International Trade Commission today made a preliminary determination that the U.S. color negative photographic paper and chemical components industry has been materially injured by the dumped imports from Japan and the Netherlands.
 Robert T. Hamilton, Kodak vice-president and general manager, U.S. and Canada Region, Imaging, said:
 "We are pleased by the International Trade Commission's decision. We believe that this is an important issue of free and open access to worldwide competition.
 "Our Japanese competitors participate in a home market that is insulated from world market color paper prices. Consequently, the prices in Japan approach four times those for the same products in the U.S. This results in monopoly-like profits that enable them to dump products in the U.S. market. This is the root cause of the action we are taking."
 -0- 10/12/93
 /CONTACT: Ronald C. Roberts of Media Relations, Eastman Kodak Company, 716-724-4513/
 (EK)


CO: Eastman Kodak Company ST: New York IN: CPR HEA HOU SU:

KL -- CL038 -- 1310 10/12/93 16:57 EDT
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Publication:PR Newswire
Date:Oct 12, 1993
Words:195
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