23 February 2012 22:06 [Source: ICIS news]
ORLANDO, Florida (ICIS)--With European ethanol market share increasing and demand in that region expected to grow, it will be difficult to show that US imports are hurting that market, a lawyer said on Thursday.
In fact, EU demand for fuel ethanol is expected to double by 2020 and EU production will not be able to meet that demand, said Duane Layton, partner and head of the government and global trade group for the law firm Mayer Brown.
He made his comments during a panel discussion at the National Ethanol Conference in Orlando, Florida.
In November 2011, the EU initiated anti-dumping proceedings against US bioethanol imports, following a complaint in October from ePure, a European ethanol trade group.
That complaint alleged that imports of US E90 fuel ethanol had increased in absolute terms and in terms of market share.
E90 fuel ethanol imports have not been subject to the same tariff as other denatured ethanol imports and are alleged to have been exploiting a loophole in the market, although that situation could change.
The National Ethanol Conference in Orlando runs from 22-24 February.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections