Industry News

06.24.09

USDA Approves Biodiesel Loan Through Farm Bill

USDA Rural Development has approved a $25 million guaranteed loan through the Bi...

06.24.09

US and Chile Cooperate on Clean Energy

US DOE and the Chilean National Energy Commission signed a memorandum of coopera...

06.18.09

Cargil Sues Biodiesel Company for Contract Breach

Cargill is suing Memphis Biofuels for breach of contract to collect on debt. Me...

06.10.09

Biodiesel Plant Proposed For Indian Railway

In India, a 26k gal/day biodiesel plant is being proposed at the Southern Railwa...

06.10.09

Colombia to Mandate Flex-Fuel Vehicles

The Colombian government has ruled that beginning in 2012 all new vehicles must ...

06.10.09

EPA Holds RFS Hearing

On Tuesday, the US EPA held a hearing on its proposed Renewable Fuels Standard i...

06.08.09

Israel to Provide Tax Breaks for Biodiesel

Israel will provide tax breaks to companies using renewable energy, and also red...

06.08.09

US Democrats Call For Biofuels Support In Climate Change Bill

US Democrats from farm states are threatening to withhold support for the US cli...

06.05.09

Ecofasa Develops Waste to Biodiesel Process

Spain-based Ecofasa has stated that they developed a process to convert municipa...

06.05.09

Prio Expands Biodiesel Production

Portugal-based biodiesel company Prio is expanding production to export to Spain...

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MARKET VIEWS: Argentina Biodiesel Not Reaping Subsidies as EU Claims

09.25.09

Cámara Argentina de Energías Renovables (CADER) has released a report titled State of The Argentine Biodiesel Industry that refutes EU claims that Argentine biodiesel exporters get unfair subsidies, stating that they actually have to pay a 20% export tax.

EU has been considering the 12% difference between the 32% soy oil export tax, and the 20% biodiesel tax an indirect subsidy for Argentine biodiesel producers, but CADER states that the amount of tax applied is based on value added before export.

In other words, biodiesel producers are not receiving a subsidy for exports, but paying the Argentine government a percentage of the soy-products value, in which biodiesel exporters pay less to the government than bean or bean oil exporters. CADER states, the nation's tax system, "seeks to drive investment towards value-added products in the country."



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