US's biodiesel tax credit will bring in millions for Biox

December 20, 2010 |

In Canada, Biox expects to add $3.5 million to its earnings during the first quarter of next year thanks to the re-instatement of the US’s biodiesel tax credit. The Toronto Stock Exchange-listed company had lost about 26% of its value since it forecast losses in July due to last year’s expiry of the tax credit.

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Category: Fuels

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