Tag: Argentina
Argentina may drop biodiesel taxes until EU lifts anti-dumping duties
In Argentina, the country’s president has asked its Congress to drop the 22% tax on biodiesel for power generation and the 19% levy on liquid fuels, a policy that would stay in place as long as the European Commission continues to levy anti-dumping duties on Argentine biodiesel imports.
Argentine biodiesel industry says export tax too high
In Argentina, the biodiesel industry says that the export tax that hit 27.6% in March is too high and is hurting their business. Carbio says the industry is currently producing at 60% capacity due to the EU’s anti-dumping tariff and the high export tax. Carbio says the country has claimed damages in excess of $1 […]
Argentina submits claim to WTO dispute body over EU anti-dumping tariffs
In Argentina, the government has submitted a claim to the WTO Dispute Settlement Body to investigate the European Union’s anti-dumping measures on Argentine biodiesel. It claims that its industry is among the most sustainable and developed in the world while saying the European industry is overrated and protectionist.
Argentine biodiesel price too high for local blenders to use
In Argentina, the government has set the price of biodiesel at $576.5 per metric ton, a price which producers say is too high for blenders to buy. As such, less than 5% of total diesel consumption is biodiesel, less than half of the 10% blending mandate. Tariffs on exports to the European Union are expected […]
Porta Hnos SA signs exclusive agreement for Gevo technology
In Argentina, Porta Hnos SA has signed an agreement with Gevo to license their GIFT technology for producing renewable isobutanol. The agreement, which gives Porta Hnos exclusive rights for the technology in Argentina, will help the company as they expand into two additional ethanol plants for 2014. Porta currently runs two 250 m3/day ethanol plants. […]
December biodiesel imports breaks record with Argentine and Indonesia leading
In Washington, the US Census Bureau says that biodiesel imports in December broke the record set just the month before at 257,575 metric tons. Total biodiesel imports for the year rose more than 10 fold to 1.1 million tons following the re-introduction of the biodiesel blending credit in 2013. Argentina represented 40% of the imports […]
Argentina’s B10 policy to save $50 million in fuel imports annually
In Argentina, boosting biodiesel demand domestically to 10% in an attempt to absorb some of what would have otherwise have been exported to Europe will mean an increase of biodiesel consumption by 60% this year, representing about 460,000 metric tons. Doing so will also reduce the fuel import bill by $50 million.
Argentina files official complaint against EU at WTO over biodiesel
In Switzerland, Argentina has filed an official complaint against the European Union at the World Trade Organization, claiming that losses to its biodiesel industry as a result of the EU’s anti-dumping tariffs will reach at least $1 billion this year. The tariffs against Argentine biodiesel are on average 24.6%. The WTO now has 60 days […]
Argentine government boosts biodiesel blend to 10%
In Argentina, the government has boosted the mandatory biodiesel blend to 10% from the current 8% to help offset a slump in exports resulting from anti-dumping duties in Europe. In addition to transport use, the government has also required thermal electric plants running on diesel to comply with the B10 mandate. The move is also […]
EU slaps 25% duty on Argentine biodiesel, 19% on Indonesian
In the EU, the European Commission has begun imposing anti-dumping duties on biodiesel imports coming from Argentina and Indonesia. The rates hover around 25% for Argentina and 19% for Indonesia, and will apply for five years. The policy follows the conclusion of a 15-month investigation which found that Argentine and Indonesian biodiesel producers were dumping […]
