US ethanol imports under scrutiny by the EU
In Belgium, the European Commission published its decision to proceed to the registration of ethanol imports coming from the USA by issuing a new regulation. Through this Regulation, the European Commission has officially acknowledged the damage caused to the EU industry by a significant increase of imports of ethanol from the USA both “in absolute terms and in terms of market share”, and the negative impact that these imports have had on ethanol prices in the EU market and for EU ethanol producers.
As a result, EU ethanol production has been badly affected, leading to a critical financial situation within some EU ethanol producers, culminating in the temporary shut down of several ethanol plants. The decision comes in response to a request within an anti-subsidy case filed by the European Renewable Ethanol Association (ePURE) in November last year.
Category: Fuels
