In Argentina, the Nación newspaper reports that biodiesel producers are at an impasse with the government following the freeze on biodiesel prices but continued increases for soy oil, making biodiesel production inviable. As a result, they are not supplying biodiesel to oil companies for blending and the fuel sold at the pump does not include […]
In Argentina, Evonik plans to increase its capacity for sodium methylate at its Rosario/Santa Fe facility from 60,000 metric tons up to 90,000 metric tons until 2021. The expansion is driven by growing demand for biodiesel in South America, mainly Argentina and Brazil. Sodium methylate is an important catalyst for large-scale biodiesel production. In addition […]
In Brazil, Argentina’s Clarín newspaper reports that the country’s biodiesel industry needs to invest $500 million in order to achieve B15 by 2023 as planned. The country’s oil and renewable energy agency recently released a study confirming the shift to B15 from the current B11 following technical studies that tested the fuel’s stability and impacts […]
In Argentina, Clarín newspaper reports that the government has increased the price for ethanol and biodiesel by 6% for October in response to the domestic industry’s call for increased prices based on rising feedstock costs, partly as a result of the stronger dollar. The industry says that thousands of jobs are at risk from running […]
In Argentina, Platts reports that the government has increased biodiesel prices 6.6% to $8,274/mt retroactive to September 1 on the back of calls by the biodiesel industry that production was being hit due to low prices, especially small and medium enterprises, but the current price freeze on diesel keeps retailers from passing on the price […]
In Argentina, La Nación newspaper reports that small and medium-sized enterprises (SMEs) producing biodiesel are upset by the government’s decision to freeze biodiesel prices for another 90 days, saying that the ruling is an arbitrary, discriminatory, and unilateral move by the government that will negatively impact producers, perhaps even causing them to shut down. Freezing […]
In Argentina, Platts reports that Carbio says impacts from the deal with Europe opening up its market to Argentine biodiesel are already being felt. The new agreement allows the country beginning in March 2019 to export 1.2 million metric tons of biodiesel to Europe annually, with 416,520 tons already seen shipped between March and May. […]
In Washington, the Department of Commerce (Commerce) preliminarily determined that changed circumstances do not exist warranting any changes under the antidumping duty (AD) order for biodiesel from Argentina. Commerce also determined, however, that changed circumstances exist warranting a change to the cash deposit rates under the countervailing duty (CVD) order. It said there remains a […]
In Washington, the National Biodiesel Board’s (NBB) Fair Trade Coalition has criticized the U.S. Department of Commerce’s preliminary decision in a “changed circumstances” review of countervailing duties on biodiesel imports from Argentina. Commerce preliminarily found that Argentina’s recent changes to its export tax regime eliminated certain government subsidies provided to Argentina’s biodiesel producers. If these […]
In Argentina, the Clarin newspaper reports that the trade deal agreed between the four Mercosur countries and the European Union last week maintains the 1 billion liters of additional ethanol market access discussed in earlier offers, specifically 450,000 metric tons of duty-free ethanol from chemical use beginning as soon as the deal comes into effect […]
