BIOX gets EU anti-dumping exemption

In Canada, BIOX, a Canadian biodiesel producer, announced that it has received an exemption from the European Union on tariffs which the European Commission has implemented on Canadian and U.S. imports of biodiesel. BIOX is one of only two entities in North America to receive an exemption.  While BIOX’s principle customers are in North American, the exemption gives BIOX access to what Bill Johnson, President and CEO of BIOX, describes as the largest current biodiesel market in the world.

The EU originally imposed tariffs, in the form of countervailing duties on U.S. biodiesel imports of greater than B-20.  The original CVD was implemented on U.S. origin biodiesel and biodiesel blends imported into the EU in order to offset the benefit of the U.S. Blender Tax Credit.  The revised CVD has now been extended to include all biodiesel imports from the U.S. The value of the CVD is €237 per tonne of imported biodiesel. The revised CVD also includes imports of Canadian biodiesel blends of greater than B-20 to prevent the alleged circumvention of the original policy.

Extending the CVD to include Canadian biodiesel is meant to discourage biodiesel originating in the U.S. from being sold through Canada, and re-labelled to be of “Canadian origin”, as a way to circumvent the CVD’s imposed on US products, into the EU market.  As to how BIOX received the exemption, Johnson explains, “This exemption is a result of our full cooperation with the EU’s process, including the submission of a formal reply to their questions and a site visit from their officials.”