12 June 2008 23:24 [Source: ICIS news]
The European Commission will reportedly look at the tax credits and grants the ?xml:namespace>
The move comes after the EBB complained in April that US biodiesel exports, aided by subsidies of up to $300/tonne (€192/tonne), were flooding the European market.
US biodiesel producers depend on European demand to offset a lacklustre domestic market. About 60% of
A formal EU announcement was expected for Friday.
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