EU starts up investigation into alleged US ethanol dumping

In Belgium, the European Commission is preparing to launch an investigation into whether US ethanol producers are receiving unfair subsidies before exporting their fuel to Europe. The move is a result of an official complaint by EU ethanol producers and is the precursor to a complaint to the WTO.

The investigation that will begin this month will look into allegations that US ethanol sold in Europe is up to 20% cheaper than in its home market, as well as if the VEETC allows US exporters to cut their sales price to Europe by 40%.