Tag: Argentina

Argentine biodiesel production seen at 2.5 million tons this year

Argentine biodiesel production seen at 2.5 million tons this year

November 23, 2016 |

In Argentina, production is expected to hit 2.5 million metric tons this year with much of the 1.5 million of those tons exported headed to the US. Thanks to exports, the industry is expected to earn about $1.2 billion in foreign exchange. But even so, only about 55% of the production capacity will be used […]

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Argentina looking at UCO biodiesel but support is tepid

Argentina looking at UCO biodiesel but support is tepid

November 23, 2016 |

In Argentina, the legislature’s lower house has partially approved a plan by the upper house to promote the use of used cooking oil and other waste fats as feedstock for biodiesel. Biodiesel is currently produced from soy oil in the country, and is a major use for the oil that is suffering from low prices […]

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Argentina worried Trump era trade restrictions would dry up biodiesel imports

Argentina worried Trump era trade restrictions would dry up biodiesel imports

November 22, 2016 |

In Argentina, the biodiesel industry is worried that a Trump presidency in the US would lead to cuts in demand for imports, despite the US biofuel industry staying positive that Trump won’t mess with the RFS. Most of Argentina’s biodiesel exports are going to the US after losing market access to the EU. Argentina isn’t […]

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NBB may face uphill battle in court case against EPA’s invitation for Argentine biodiesel imports

NBB may face uphill battle in court case against EPA’s invitation for Argentine biodiesel imports

October 31, 2016 |

In Washington, the National Biodiesel Board argued in the DC District Court on Thursday that the letter the Environmental Protection Agency sent to the Argentine biodiesel association last year inviting imports from “qualified land” equated to rulemaking by the agency and so should be thrown out. Bloomberg analysts say the NBB will have a hard […]

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Peru slaps anti-dumping duties on Argentina biodiesel imports

Peru slaps anti-dumping duties on Argentina biodiesel imports

October 27, 2016 |

In Peru, the country’s regulator announced it would slap anti-dumping duties on imports of Argentine biodiesel for five years, saying the imports had a negative impact on domestic producers. Specific duties have been lobbed on specific companies, as follows: Cargill: $134.70 per ton Bunge: $141.40 per ton Noble: $152.70 per ton Louis Dreyfus and others: […]

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Argentina eyes more biodiesel exports in light of low soy oil prices

Argentina eyes more biodiesel exports in light of low soy oil prices

October 20, 2016 |

In Argentina, biodiesel exports are expected to rise again thanks to falling soy oil prices and biodiesel processing facilities located at ports. Soy oil prices have fallen as China chooses to import raw soybeans for crushing domestically while India chooses between soy oil and palm oil depending on price point. Soy oil prices have fallen […]

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WTO rules in favor of Argentina in EU biodiesel appeal

WTO rules in favor of Argentina in EU biodiesel appeal

October 10, 2016 |

In Switzerland, following the European Court’s ruling a few weeks back that the EU’s anti-dumping duties on Argentine and Indonesian biodiesel were not appropriate, the World Trade Organization has made its decision along the same lines. The WTO had voted mostly in favor of Argentina in March but the EU appealed the decision. Thursday’s decision […]

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Argentina lowers ethanol prices for October but still high year-on-year

Argentina lowers ethanol prices for October but still high year-on-year

October 10, 2016 |

In Argentina, the oil industry has gotten a slight reprieve after the government cut sugarcane-based ethanol prices to 87 cents/liter for October, down 0.8% from September but up nearly 36% on the year. Corn-based ethanol saw a nearly 70% year-on-year price increase to 82 cents/liter, but the drop from September was the same as for […]

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General Court of the European Union overturns biodiesel antidumping duties

General Court of the European Union overturns biodiesel antidumping duties

September 19, 2016 |

In Luxembourg, the General Court of the European Union has overturned the European Commission’s antidumping duties against Argentine and Indonesian biodiesel imposed in 2013 in a far reaching trade ruling that experts believe will even impact trade relations with China, who the EU believes to be dumping manufactured products such as steel. The Argentina Chamber […]

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ADM evaluating bids for US three ethanol plants

ADM evaluating bids for US three ethanol plants

September 15, 2016 |

In Argentina, ADM said it is evaluating bids on the three ethanol plants it is looking to sell in the US, with the CEO describing the bids as “very good,” saying there is a lot of competitive tension in the industry around acquiring the facilities. Bids received including offers for purchasing the ethanol plants out […]

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