08 November 2011 13:40 [Source: ICIS news]
(Recasts, amending intro)
BARCELONA (ICIS)--The European fuel ethanol market is expected to recover well in 2012 after the EU amends import tariffs, a consultant said on Tuesday.
Fuel ethanol producers in ?xml:namespace>
The delayed implementation of the European renewable-energy directive and the slow approval of voluntary sustainability schemes has led to consumers buying on a hand-to-mouth basis.
In addition, a strong inflow of competitively priced E90 (90%-ethanol blended gasoline) from the
E90 is subject to a lower import duty in the EU, while also benefiting from a blending credit in the
However, Berg said the EU’s plans to amend the tariff under which E90 is imported into the region will result in the
The outlook is not so positive for
The change to E90’s import tariff in the EU is likely to result in slowing exports from the
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