Saipol to cut 2018 biodiesel production by 54% due to Argentine imports

In France, Avril’s Saipol says it will cut biodiesel production to 700,000 metric tons next year from 1.3 million tons in 2017 in light of increased imports expected from Argentina following the reduction of anti-dumping duties the end of September. The company says it was already facing hard times before the duty decision was taken but the result is like a nail in the coffin. The drop in production will lower demand for rapeseed in France by about 1 million tons.