EBB to launch US biodiesel anti-dumping complaint 'very soon'

18 December 2009 17:34  [Source: ICIS news]

LONDON (ICIS news)--The European Biodiesel Board (EBB) is close to launching an official complaint to EU trade authorities against importers of US biodiesel alleged to have circumvented anti-dumping tariffs imposed earlier in the year, it said on Friday.

“We [are] still collecting evidence of circumvention and of fraud,” said an EBB spokesman. “But we will see something happening very soon,” he said, declining to give a specific date.

In March, the European Commission implemented anti-dumping and countervailing duties of €213-409/tonne ($318-610/tonne) on US biodiesel imports of B20. This came after the EBB complained that US producers, who receive a $1/gal blending tax credit, enjoyed an unfair sales advantage.

The EBB announced its intention to launch a formal complaint to the EU in late November, accusing US producers of changing blend levels and exporting biofuel via third party countries with fraudulent declarations of origin.

The board on Friday also voiced concern over differentials in export taxes between feedstock soybean oil and biodiesel. It said it believed these so called “differentiated export taxes” (DETs) gave Argentinean biodiesel producers an unfair advantage over their European counterparts. Current legislation imposes an export tax of 32% on soybean oil and only 20% tax on the finished product.

Further EBB action on this issue was not to be expected until January, said the spokesman, after legislative debate in Argentina on export taxes is likely to have reached a conclusion.

Meanwhile the board said it would review possible legal action, and liaise with members and other market players who were affected by DETs.

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By Florian Neuhof
+44 20 8652 3214





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