02 January 2007 13:17 [Source: ICIS news]
PRAGUE (ICIS news)--Poland’s National Biofuel Chamber (KIB) said on Tuesday that it had filed a protest against a finance ministry directive cutting the biodiesel excise tax break at the pump.
The reduction meant consumers would only benefit from Zloty1.00/litre (€0.26/$0.35) compared with the previously proposed Zloty2.20/litre, KIB estimated.
The chamber said the move should be reversed as it could threaten the successful launch of ?xml:namespace>
KBC Securities in
The equities house said the directive would 'bode for a slower start of the biodiesel market in
($1 = Zloty2.9/€1 = Zloty3.8)
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