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US ITC affirms anti-subsidy duties on biodiesel from Argentina, Indonesia

Author: United Soybean Board.

December 6 (Renewables Now) - The US Department of Commerce has been cleared to issue countervailing duty orders on imports of biodiesel from Argentina and Indonesia after an affirmative determination on Tuesday by the US International Trade Commission (ITC).

The ITC voted 4-0 to determine that the US industry is materially injured by subsidised biodiesel imports from the two countries.

Commerce last month announced final anti-subsidy duties on imports of biodiesel from Argentina and Indonesia. For Argentina the rates are set at between 71.45% and 72.28%, while for Indonesia the final rates are from 34.45% to 64.73%.

Commerce has also issued preliminary anti-dumping duties on biodiesel from Argentina and Indonesia. If it makes an affirmative final decision on dumping, the ITC will vote on that matter in early 2018.

The measures are in response to petitions filed with the Commerce Department and the ITC in March by the National Biodiesel Board (NBB) and 15 domestic biodiesel producers.

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Browse all articles from Plamena Tisheva

Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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