EU to impose definitive anti-dumping duties on biodiesel from Argentina and Indonesia

Brussels, Belgium - As of 27 November 2013 the EU will impose definitive anti-dumping duties on imports of biodiesel from Argentina and Indonesia.

The antidumping measures consist of an additional duty of on average 24.6% for Argentina and 18.9% for Indonesia. The measures are based on a decision taken this week by the Council, following a 15-month investigation carried out by the European Commission. It revealed that Argentine and Indonesian biodiesel producers were dumping their products on the EU market. The dumped exports had a significant negative effect on the financial and operational performance of European producers.

Source: IWR Online, 25 Nov 2013