Tag: Argentina
December biodiesel imports breaks record with Argentine and Indonesia leading
Tweet 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 […]
Argentina’s B10 policy to save $50 million in fuel imports annually
Tweet 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
Tweet 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 […]
Argentine government boosts biodiesel blend to 10%
Tweet 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 […]
EU slaps 25% duty on Argentine biodiesel, 19% on Indonesian
Tweet 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 […]
EU imposes five-year anti-dumping tariffs on Argentina and Indonesia
Tweet In Belgium, the European Union imposed its final five-year tariffs on biodiesel from Argentina and Indonesia that will come into effect as of Nov. 28 with levies of up to 25.7% for three Argentine biodiesel companies. The duties are more than double the temporary ones put in place in May. In the 12 months […]
Argentina to take Spain to WTO following lack of import quotas
Tweet In Argentina, the government has decided to take legal action at the WTO against Spain for not granting it import quotas for biodiesel. The country claims that the move is just the next step in serial discrimination against Argentine biodiesel imports that began in 2012. It feels the discrimination is retribution for nationalizing YPF […]
Argentina seen doubling biodiesel exports to US
Tweet In Argentina, Oil World expects biodiesel exports to the US to soar on the heels of anti-dumping tariffs lodged by Europe. Though the exports won’t come close to what Argentina had be exporting to the EU, US exports could reach 450,000 metric tons during the fourth quarter of 2013, more than double the 220,000 […]
Promaíz turns on the country’s largest ethanol facility
Tweet In Argentina, Promaíz’s 420,000 liter per day ethanol plant has come online, making it the largest ethanol distillery in the country. The facility based in Alejandro Roca was designed by Vogelbusch. Promaíz made its first ethanol delivery under the country’s quota-based system for its E5 mandate in August.
Argentina confirms will take EU to WTO over biodiesel fight
Tweet In Argentina, the foreign ministry confirmed that it will take the European Union to task in front of the World Trade Organization for imposing anti-dumping duties on its biodiesel exports. Biodiesel represents 14% of the country’s exports to Europe, the value of which reached a peak in 2011 of $1.847 billion.
