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May 29, 2009 | Jim Lane | Comments 0

European Commission proposes five-year extension of punitive tariffs against US biodiesel

The European Commission has proposed a five-year extension of punitive, anti-dumping tariffs on US biodiesel, according to a report published in Reuters. The Commission plans calls for duties that range from 213 to 409 euros per tonne. Companies that “cooperated with the EC probe” into dumping received a rate of 335 euros per tonne compared to 409 €/T for “all others”.

ADM, Cargill, Imperium, Green Earth Fuels, World Energy Alternatives received special rates of between 213 and 359 €/T. The proposed revision is expected to take effect next month after a series of approval steps.

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