Industry News

06.05.09

D1 Oils Unable to Raise Funds for Jatropha Venture

In the UK, D1 Oils said that efforts to raise funds for their jatropha joint ven...

06.05.09

Companies Partner on Brazil Biofuel Pipeline

In Brazil, Mitsui, Petrobras and Camargo Correa have partnered to build a pipeli...

06.05.09

Sanimax Halts DeForest Biodiesel Plant

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06.03.09

Malaysian Palm Oil Exports Up in May

In Malaysia, 1.22 million mt of palm oil was exported in May compared to 1.16 mi...

06.03.09

Asian Renewable Fuel Investments Decline in Q1

Funding in Asia for renewable energy projects fell 70% in Q1 as low oil prices u...

06.01.09

Minnesota On Target to Meet Biodiesel Mandate

According to reports, Minnesota is on target to meet its biodiesel mandate that ...

05.27.09

Colombia Aiming To Spur Biodiesel and Ethanol Production

Colombian ethanol output is expected to more than double to around 650k gallons ...

05.22.09

EU Duties On US Biodiesel Imports Revised

A report regarding EU duties on US biodiesel surfaced this week and stated that ...

05.22.09

Spanish Biodiesel Plants Cease Due to Economic Crisis

Unemployment in Spain rose to 17.4% in Q1 2009, and GDP dropped 1.9% from the pr...

05.22.09

Brazilian Biodiesel Mandate to Increase Demand 1.6 Mil mt

The Brazilian 4% biodiesel mandate is expected to increase demand by 1.6 million...

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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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